GMC | Jotup

Hagens Berman: Judge Allows Class-Action Lawsuit to Continue for Owners of Defective GMC and Chevy Diesel Trucks

Retrieved on:

Monday, April 3, 2023

Professional Services, Class Action Lawsuit, Savana, GMC, Failure, Action Replay, Marketing, Catastrophic failure, Chevrolet Express, CP4, Silverado, Hagens Berman, GM, Risk, GMC Sierra, Safety, General Motors, Gasoline, Automotive industry

If you own an affected GMC or Chevy vehicle from a GM-authorized dealership, find out your rights.

Key Points:

If you own an affected GMC or Chevy vehicle from a GM-authorized dealership, find out your rights.
According to experts, the affected vehicles’ CP4 pump design is fragile and fundamentally flawed in several respects, and incompatible with diesel fuel sold in America.
Repair costs range from $8,000-$20,000 and, since the “repair” consists of installing an identical replacement CP4 pump, still leaves owners with defective vehicles.
Owners are therefore subject to the inconvenience of an unreliable vehicle, repair costs, and the potential safety hazard of unexpected engine failure.

Kerrigan Advisors Represents Estero Bay Chevrolet in Sale to Group 1 Automotive

Retrieved on:

Monday, April 3, 2023

Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented the Winton and Denson families in the sale of Estero Bay Chevrolet to Group 1 Automotive (NYSE: GPI).

Key Points:

Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented the Winton and Denson families in the sale of Estero Bay Chevrolet to Group 1 Automotive (NYSE: GPI).
Estero Bay Chevrolet is the top volume Chevrolet dealership in Southwest Florida, Florida’s second fastest growing region by population growth.
In addition to being the dominant Chevrolet dealership in Southwest Florida, Estero Bay Chevrolet ranks sixth in the state and 44th in the nation (top 1.5%) by Chevrolet new unit sales.
“The Estero Bay Chevrolet transaction follows a volume trend we began to track in our Third Quarter 2022 Blue Sky Report®,” said Ryan Kerrigan, Managing Director of Kerrigan Advisors.

MGC Pharma's CannEpil® Now Accessible to UK Patients on Named Patient Request Basis

Retrieved on:

Tuesday, April 11, 2023

LONDON, April 11, 2023 /PRNewswire/ -- MGC Pharmaceuticals Ltd. (LSE: MXC), (ASX: MXC), (OTC: MGCLF), a European based pharmaceutical company specializing in the development and supply of affordable, ethically produced plant-inspired medicines, announces that its proprietary product CannEpil® is now available to patients in the UK by Named Patient Request.

Key Points:

This underlines the potential of CannEpil®, an investigational medicinal product for patients suffering from refractory epilepsy, to make a significant impact in the UK market.
LONDON, April 11, 2023 /PRNewswire/ -- MGC Pharmaceuticals Ltd. (LSE: MXC), (ASX: MXC), (OTC: MGCLF), a European based pharmaceutical company specializing in the development and supply of affordable, ethically produced plant-inspired medicines, announces that its proprietary product CannEpil® is now available to patients in the UK by Named Patient Request.
MGC Pharma's CannEpil® is an investigational medicinal product (IMP) designed for patients suffering from refractory epilepsy, also known as drug-resistant epilepsy.
Roby Zomer, Managing Director and CEO of MGC Pharmaceuticals, commented: "The availability of CannEpil® by Named Patient Request marks a momentous breakthrough for MGC Pharma.

MGC Pharma's CannEpil® Now Accessible to UK Patients on Named Patient Request Basis

Retrieved on:

Tuesday, April 11, 2023

LONDON, April 11, 2023 /PRNewswire/ -- MGC Pharmaceuticals Ltd. (LSE: MXC), (ASX: MXC), (OTC: MGCLF), a European based pharmaceutical company specializing in the development and supply of affordable, ethically produced plant-inspired medicines, announces that its proprietary product CannEpil® is now available to patients in the UK by Named Patient Request.

Key Points:

This underlines the potential of CannEpil®, an investigational medicinal product for patients suffering from refractory epilepsy, to make a significant impact in the UK market.
LONDON, April 11, 2023 /PRNewswire/ -- MGC Pharmaceuticals Ltd. (LSE: MXC), (ASX: MXC), (OTC: MGCLF), a European based pharmaceutical company specializing in the development and supply of affordable, ethically produced plant-inspired medicines, announces that its proprietary product CannEpil® is now available to patients in the UK by Named Patient Request.
MGC Pharma's CannEpil® is an investigational medicinal product (IMP) designed for patients suffering from refractory epilepsy, also known as drug-resistant epilepsy.
Roby Zomer, Managing Director and CEO of MGC Pharmaceuticals, commented: "The availability of CannEpil® by Named Patient Request marks a momentous breakthrough for MGC Pharma.

Ford & Skydeo Launch TruckSegment.com - Auto Maker Marketing for Paid Social, TV & Programmatic

Retrieved on:

Friday, April 7, 2023

GMC, Marketing, Buick, Ford, Dodge, Lexus, Toyota, DSPS, BMW, Ram, Demand-side platform, Chrysler, Land Rover, Behavior, Data science, Automotive industry, Nissan, Cadillac, Datsun

NEW YORK, April 7, 2023 /PRNewswire-PRWeb/ -- TruckSegment.com offers comprehensive audience data on truck purchasing behavior, allowing brands to understand what drives buyers in the segment, who is buying trucks and what influences buying decisions. With this knowledge, companies can develop effective marketing campaigns that better resonate with their target audience.

Key Points:

With this knowledge, companies can develop effective marketing campaigns that better resonate with their target audience.
Mike Ford , Skydeo CEO said "According to our customers, Skydeo's leadership position in automotive segments makes it easier and more cost effective for auto brands to reach their target audience".
The launch of TruckSegment.com at the New York Auto Show - Marketing Automotive is a great example of how Skydeo is innovating digital advertising for automobile brands.
Segments include truck and auto owners by make, model, vehicle type as well income, credit, net worth, and demographics.

Flex Recognized as a 2022 Supplier of the Year by General Motors

Retrieved on:

Monday, April 3, 2023

Heart, GMC, Partnership, Buick, FLEX, Supplier, Customer service, Baojun, GM, SAN, OnStar, Wuling, General Motors, Automotive industry, Flex, Cadillac, Ultium

SAN JOSE, Calif., April 3, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced it has been recognized by General Motors (GM) as a 2022 Supplier of the Year.

Key Points:

SAN JOSE, Calif., April 3, 2023 /PRNewswire/ -- Flex (NASDAQ: FLEX) today announced it has been recognized by General Motors (GM) as a 2022 Supplier of the Year.
The Supplier of the Year award was presented to Flex at GM's recent 31st annual Supplier of the Year in San Antonio, Texas.
General Motors is a global company focused on advancing an all-electric future that is inclusive and accessible to all.
General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac , Baojun and Wuling brands.

ZT Corporate Executes Major Liquidity Event for Investors in a Strategic Management Buyout

Retrieved on:

Thursday, March 30, 2023

ZT Corporate , a private equity firm that specializes in healthcare and automotive investments, today announced that it has completed a liquidity event for its investors through a strategic management buyout.

Key Points:

ZT Corporate , a private equity firm that specializes in healthcare and automotive investments, today announced that it has completed a liquidity event for its investors through a strategic management buyout.
The liquidity event generated multiple on invested capital (MOIC) for investors ranging from 2.33X-2.43X despite current adverse market conditions and recent industry challenges.
Taseer Badar, Chairman and Chief Executive Officer of ZT Corporate, said, “We have delivered a liquidity event for our investors in a time when the overall economy is in midst of a liquidity crunch.
We are seeing banks fail due to liquidity, businesses struggling with liquidity and the auto industry experiencing an unprecedented time.

Chemico Receives 2022 Overdrive Award from General Motors

Retrieved on:

Thursday, March 30, 2023

"What an honor it is to receive the 2022 Overdrive award from General Motors," said Leon C. Richardson, president and CEO, Chemico. "This recognition would not have been possible without the lasting collaborative relationship we've enjoyed with GM and the unwavering commitment to service, quality and excellence demonstrated by our team each day. This award also illustrates the mission we've maintained since 1989 -- to add value to our customer's supply chain, add value to the lives of our employees and add value to the communities in which we live and work."

Key Points:

General Motors (GM) recognized Chemico as an Overdrive award winner during their recent 31st annual Supplier of the Year awards event in San Antonio, Texas.
SOUTHFIELD, Mich., March 30, 2023 /PRNewswire-PRWeb/ -- General Motors (GM) recognized Chemico as an Overdrive award winner during GM's recent 31st annual Supplier of the Year awards event in San Antonio, Texas.
Chemico is one of 16 companies to earn an Overdrive award for 2022.
"What an honor it is to receive the 2022 Overdrive award from General Motors," said Leon C. Richardson, president and CEO, Chemico.

LMP Automotive Holdings, Inc. and its Affiliates Announces Certain Asset Sale Agreements and Provides a Corporate Update

Retrieved on:

Monday, March 20, 2023

Agreement, GMC, Kia, LMP, Chevrolet, Buick, Sale, Car dealership, Subaru

FORT LAUDERDALE, FL , March 20, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, announced it has entered into definitive dealership and real estate sale agreements (the “Agreements”) with respect to the sale of LMP’s Chevrolet, Buick GMC dealerships and their underlying real estate in Beckley, West Virginia.

Key Points:

FORT LAUDERDALE, FL , March 20, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, announced it has entered into definitive dealership and real estate sale agreements (the “Agreements”) with respect to the sale of LMP’s Chevrolet, Buick GMC dealerships and their underlying real estate in Beckley, West Virginia.
The Company anticipates that the expected closing of the transactions contemplated by the Agreements will occur in June 2023, subject to the satisfaction of the terms and numerous conditions precedent to closing of such Agreement, which include, but are not limited to, manufacturers’ approval.
In addition, LMP expects to close on the sale of its Kia and Subaru dealerships, located in West Virginia dealerships in the coming weeks.

The Presidio Group Advises on Sale of Anderson Autos Domestic Dealerships in Thousand Oaks

Retrieved on:

Wednesday, March 15, 2023

The second phase of the sale includes Buick GMC, Cadillac and Chevrolet dealerships in Thousand Oaks.

Key Points:

The second phase of the sale includes Buick GMC, Cadillac and Chevrolet dealerships in Thousand Oaks.
“We are excited to finalize the second part of this transaction with Swickard Auto Group,” said William S. Anderson, CEO of Anderson Holdings.
The three new domestic dealerships in the latest transaction doubles the number of domestic dealerships owned by Swickard.
The Presidio Group provided exclusive M&A advisory services to Anderson Autos through its wholly owned investment bank, Presidio Merchant Partners LLC.