LOS ANGELES -- Toyota Motor Corp. plans to move large numbers of jobs from its sales and marketing headquarters in Torrance, Calif., to suburban Dallas, a person familiar with the automaker's plans says.
The move, creating a new North American headquarters, would put management of Toyota's U.S. business close to where it builds most cars for this market. North American chief executive Jim Lentz is expected to brief employees today, said the person, who was not authorized to speak publicly. About 5,300 people work at Toyota's complex in Torrance, a Los Angeles suburb. It is unclear how many workers will be asked to move to Texas. The move is expected to take several years.
Toyota has long been a southern California fixture. Its first U.S. office opened in a closed Rambler dealership in Hollywood in 1957. The site is now a Toyota dealership. In 1958, its first year of sales, Toyota sold just 288 vehicles -- 287 Toyopet Crown sedans and one Land Cruiser. Last year, Toyota sold more than 2.2 million vehicles in the U.S.
-- Los Angeles Times