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Tag Archives: car

Report: Mississippians pay some of highest car costs in U.S.

ACROSS MISSISSIPPI — Wyoming is the most expensive state to operate a motor vehicle and Iowa is the cheapest, according to a new Bankrate.com report, but Mississippi is not too far behind. Bankrate factored in the annual costs of gasoline, insurance and repairs. In Wyoming, a typical driver spends $2,705 per year to operate his or her vehicle. In Iowa, ...

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Franchise Services gives update on bankruptcy proceedings

RIDGELAND — Franchise Services of North America Inc. has issued an update on the previously announced proposed sale of certain assets used in connection with the business of the company’s wholly-owned subsidiary, Simply Wheelz, LLC, which does business as Advantage Rent A Car. The Catalyst Capital Group Inc., on behalf of one or more funds managed by it, was selected ...

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First Corolla earmarked for export rolls off of Toyota's line

BLUE SPRINGS — Toyota officials at the car manufacturer’s Blue Springs facility are celebrating the production of the first Corolla built at the plant for export. Gov. Phil Bryant joined Toyota officials to mark the occasion. WLBT-TV reports that the plant will export more than 7,500 Corollas to 18 countries in Central and South America and the Caribbean this year. ...

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Franchise Services of North America gets cease trade order

RIDGELAND — The Alberta Securities Commission (ASC) has issued a cease trade order against Franchise Services of North America Inc. (FSNA). The order was issued due to FSNA failing to file its audited annual financial statements and its related management’s discussion and analysis and certification of annual filings for the year ended Sept. 30, 2013, and failing to file its ...

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GreenTech enters partnership with Saleen for sports cars

WM GreenTech Automotive (GreenTech) is looking to put a little muscle into its energy-efficient vehicles. WM GreenTech Automotive, a U.S. automotive manufacturer dedicated to developing and producing environmentally friendly, energy-efficient vehicles, has entered a strategic partnership with Saleen Automotive, an American specialty manufacturer of high-performance sports vehicles. The partnership will combine GreenTech’s automobile resources with Saleen’s decades of super sports ...

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Nissan sets another sales record despite winter weather

CANTON — Nissan Group saw total U.S. sales for February 2014 of 115,360 units, an increase of 15.8 percent compared to last year. Highlights of Mississippi-built products are: • Sales of the Frontier pickup rose 112 percent to 5,791 units • Altima sales totaled 30,849 units in February, an increase of 11 percent • Sales of the Xterra increased by ...

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Nissan exec high on January sales despite weather

CANTON — Nissan Group has released January U.S. sales number. Mississippi-built product highlights include: • Sales of the Nissan Frontier pickup rose 87.9 percent to 4,931 units • Nissan Altima sales totaled 22,515 units in January, an increase of 4.9 percent • Sales of Nissan Xterra rose 52.3 percent in January to 1,518 units • Nissan Sentra sales rose to ...

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City considering new used car dealership ordinances

HORN LAKE — As part of Horn Lake’s push to attract new business, city leaders are mulling changes to strict regulations governing used car dealerships. Aldermen discussed the issue recently and left it in the hands of City Planner Austin Cardosi, who said he will look at ordinances in surrounding cities and possibly draft something for the city’s Planning Commission ...

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Advantage Rent A Car files for federal bankruptcy

RIDGELAND — Franchise Services of North America Inc.’s (FSNA) wholly owned subsidiary, Simply Wheelz LLC, which does business as Advantage Rent A Car, has filed for U.S. federal bankruptcy protection in Mississippi. First-day motions with respect thereto have been scheduled for tomorrow. FSNA is a publicly traded company listed on the TSX Venture Exchange. The company and its subsidiaries own ...

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Prosecutors: Hospice owner bilked Medicare for millions

GREENWOOD — Newly released court records claim the owner of a Mississippi hospice ran a multimillion Medicare fraud and used some of the money to buy 20 cars since December 2009. The details about Angelic Hospice in Greenwood and its owner’s purchases were outlined in a 27-page document dated Feb. 19 but only made public Oct. 3 in U.S. District ...

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