Nissan may move U.S. headquarters

The Detriot News reports that Southern California will get more bad news:

Nissan Motor Co. is considering moving its U.S. headquarters from southern California to another, probably less glamorous, part of the country, CEO Carlos Ghosn said Wednesday.

The prospect of relocating has upset many employees at Nissan's Gardena, Calif., headquarters.

But Ghosn said the company was examining all its regional centers, including in Europe, and decided last year to move its global headquarters by 2010 from Tokyo's Ginza district to Yokohama, a port city close to the Japanese capital.

"Headquarters for us aren't temples, where you say this is a sacred place," Ghosn said at the Tokyo motor show.

Companies set strategies and goals, he said, and corporate organizations adapt to the changes.

Nissan hasn't disclosed possible alternatives, but Texas and Nashville, Tenn., are said to be strong candidates.

California has priced itself out.