Mississippi Business Journal » vans

Study: Recalls had little or no effect on Toyota’s brand

MBJ Staff — Tue, 21 Feb 2012 13:49:49 +0000

A study from North Carolina State University shows that Toyota’s safety-related recalls that began in 2009 made little to no impact on how consumers perceived the brand. “These findings highlight the importance of establishing and maintaining a reputation for quality,” says Dr. Robert Hammond, an assistant professor of economics at NC State and lead author [...]

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Indiana company purchases Pontotoc Spring; terms not disclosed

Associated Press — Mon, 20 Feb 2012 18:38:12 +0000

PONTOTOC — Pontotoc Spring, which makes coiled springs for the automotive aftermarket, as well as metal stampings for automotive, industrial and commercial applications, has been acquired by an Indiana company. Terms of the deal were not disclosed. MW Industries of Logansport, Ind., made the announcement. Pontotoc Spring employs 90 workers. Pontotoc Spring general manager Allen [...]

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CME becomes largest roof-mounted solar power complex

MBJ Staff — Sun, 15 Jan 2012 17:19:38 +0000

OXFORD — The Center for Manufacturing Excellence at the University of Mississippi had generated 57 kilowatt-hours of electricity, enough power to run the center’s administrative offices and classrooms, or to brew 1,986 cups of coffee. With the installation of more than 400 photovoltaic solar panels complete, the year-old building is the largest roof-mounted solar power [...]

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

MBJ Staff — Thu, 27 Oct 2011 20:31:53 +0000

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) [...]

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Report: Number of deer-vehicle collisions drops

MBJ Staff — Tue, 11 Oct 2011 16:52:22 +0000

ACROSS MISSISSIPPI — For the third consecutive year, the number of deer-vehicle collisions in the U.S. has dropped, and the State of Mississippi is part of the trend, according to insurer State Farm. The likelihood of a deer-vehicle collision in the state is down 8 percent over the past year. Approximately one in 143 drivers [...]

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Coast businessman sentenced for embezzling from customers

Associated Press — Wed, 05 Oct 2011 16:54:11 +0000

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 [...]

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U.S. auto loan delinquencies fall farther

Wally Northway — Tue, 31 Aug 2010 11:39:04 +0000

SCHAUMBURG, Ill. — Automotive loan delinquencies dropped during Q2 2010, marking the second consecutive quarter that showed a year-over-year decrease in quarterly delinquencies. Lenders also made a higher percentage of loans to nonprime and subprime customers, a sign that lenders are beginning to loosen credit. The 30-day delinquency rate fell 5.88 percent, from 3.07 percent [...]

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