Posts Tagged ‘automobile dealerships’

Lawyer reports McAllister, Nissan reach settlement

JACKSON — A lawyer for Deuce McAllister says a deal has been reached with Nissan Motor Acceptance Corp. in a federal lawsuit over the former Ole Miss and New Orleans Saints running back’s failed Mississippi car dealership. Attorney Joe Roberts tells The Associated Press the settlement has been submitted to the court for approval. He […] [...]

Oakes buys All-Star Motors, to continue as GM dealer

by MBJ Staff Published: October 27,2011

Tags: auto sales, automobile dealerships, automobiles, Cars, mergers and acquisitions, retail, SUVs, trucks, vans, vehiles

GREENVILLE — Oakes Auto Group is purchasing All Star Motors of Greenville and will continue as a General Motors dealership there. The current All-Star Motors site is located on both sides of U.S. 82 and the east side of Mississippi 1, with approximately 30 employees. “We will renovate or rebuild to make the (General Motors) […] [...]

Coast businessman sentenced for embezzling from customers

OCEAN SPRINGS — A Coast businessman has been sentenced for embezzlement and must pay full restitution to his victims, according to Attorney General Jim Hood. Rusty Lee Keenum, 37, of Ocean Springs, appeared before Judge John C. Gargiulo and pleaded guilty to two counts of embezzlement. The judge sentenced Keenum to six years in the […] [...]

McAllister-Nissan settlement conference delayed

by Associated Press Published: September 26,2011

Tags: athletes, athletics, automobile dealerships, automobiles, bankruptcy, courts, lawsuit, professional sports, settlement, sports

JACKSON — A settlement conference has been postponed in a lawsuit related to a Nissan dealership that was owned by former New Orleans Saints running back Deuce McAllister. McAllister’s Nissan dealership in Jackson closed after filing for bankruptcy in 2009. A settlement conference the case had been scheduled for tomorrow, but that’s been pushed back […] [...]

Ex-auto dealer to be sentenced for defrauding bank

by Associated Press Published: March 17,2011

Tags: automobile dealerships, bank fraud, banking and finance, courts, fraud

OXFORD — Former Oxford automobile dealer Dino Jerry Grisanti will be sentenced May 26 on federal charges of defrauding Regions Bank. Grisanti pleaded guilty last October. The Northeast Mississippi Daily Journal reports that he faces up to 30 years in prison and a $1 million fine. Prosecutors say Grisanti admitted to a $2-million scheme to […] [...]

Toyotas’ resell value plummeting

by Associated Press Published: February 9,2010

Tags: automobile dealerships, automobile industry, product recall, product safety, Toyota

CHICAGO — Toyota is losing value by the week. Kelley Blue Book dropped the resale values of recalled Toyotas for the second time in four days yesterday, leaving them as much as 4 percent or $300 to $750 lower than a week ago, depending on the model. Recalls and a slow response to safety questions […] [...]

GM, Chrysler dealers appeal closures

by Associated Press Published: January 27,2010

Tags: automobile dealerships, automobile industry

DETROIT — More than half of the nearly 2,800 dealers General Motors Co. and Chrysler Group LLC want to close are appealing those decisions, the group handling the appeals said Tuesday. The American Arbitration Association said 1,550 dealers filed the paperwork needed to contest the closures by the midnight Tuesday deadline. The group said that […] [...]

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments