Chrysler Corp. announced yesterday that it will move its headquarters from Detroit to the suburb of Auburn Hills, Mich., where the company last year opened a $1 billion technology and research center.

The 40-mile move from Highland Park, an incorporated municipality within the boundaries of the city of Detroit, will be completed by 1995, Chrysler spokesman Steven J. Harris said yesterday.

Chrysler's headquarters had been located in Highland Park since the company's founding in 1925. The company accounts for 25 percent of the town's tax base and 50 percent of its annual budget, according to Highland Park Mayor Lindsey Porter, who was interviewed yesterday on WCHB Radio in Detroit.

Losing the Chrysler headquarters will be "devastating," Porter said. "But it's just another mountain that we'll have to climb."

No jobs will be lost in the move, Harris said. It's the natural outgrowth of establishing the Chrysler Technology Center, which places most product development activities under one roof, he said.

"By the end of 1993, we will have 7,000 people" at the research center, Harris said. By 1995, Chrysler intends to move another 2,000 employees to Auburn Hills, leaving only about 500 technical and administrative workers in Highland Park.

Auto industry analysts said they were not surprised by Chrysler's announcement. Over the past decade many automotive suppliers, especially those involved in high technology products, have located in the suburbs of Detroit.

"It was a a foregone conclusion that they would do this," said Arvid Jouppi, an analyst with Keane Securities Co. in Detroit. "With the Auburn Hills facility, Chrysler just couldn't afford to keep one at {Highland} Park, too," Jouppi said.

Mayor Porter and Chrysler Chairman Lee A. Iacocca have been meeting to discuss ways of helping Highland Park adjust. One step might be to convert Chrysler's headquarters to another use.

"We have no intention of turning our backs and walking away from the city now," Iacocca said, pointing out that Chrysler went against Wall Street's advice in building a new, $1.2 billion Detroit assembly plant, completed last year.

The job of helping Highland Park, however, will fall to Iacocca's successors. Iacocca is scheduled to retire at the end of this year.