GMC | Jotup

Auto Dealership Buy/Sell Market Begins 2023 with Robust Growth, Outperforming All First Quarter Results on Record

Retrieved on:

Monday, June 26, 2023

Another significant characteristic of the first quarter was the record 29 multi-dealership transactions, representing 28% of the buy/sell market.

Key Points:

Another significant characteristic of the first quarter was the record 29 multi-dealership transactions, representing 28% of the buy/sell market.
A record 29 multi-dealership transactions were completed in the first quarter of 2023, representing 28% of the buy/sell market.
The Top 144 Private Dealership Groups per Automotive News acquired a record 22% of franchises sold in the first quarter of 2023.
The Kerrigan Auto Retail Index is designed to track dealership valuation trends, while also providing key insights into factors influencing auto retail.

GM and Element 25 to Expand U.S. EV Supply Chain with Domestic Manganese Sulfate Production

Retrieved on:

Monday, June 26, 2023

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Element 25 to supply GM with manganese sulfate required to scale EV capacity in North America beyond 1 million units annually.

Key Points:

Element 25 to supply GM with manganese sulfate required to scale EV capacity in North America beyond 1 million units annually.
Element 25 plans to build its first manganese sulfate facility in the U.S. which will process manganese mined in Australia.
GM to invest US$85 million (~A$128 million1) as a loan to Element 25 to build the facility in Louisiana.
Element 25 will produce manganese sulfate at the facility by processing manganese concentrate from its mining operations in Australia.

Territory Studio Joins Forces with Pop-Arts Management

Retrieved on:

Thursday, June 22, 2023

LOS ANGELES, June 22, 2023 /PRNewswire/ -- Territory Studio is excited to announce a collaboration and US representation partnership in the West Coast region with commercial production and post production veteran Kevin Batten and Pop-Arts Management.

Key Points:

LOS ANGELES, June 22, 2023 /PRNewswire/ -- Territory Studio is excited to announce a collaboration and US representation partnership in the West Coast region with commercial production and post production veteran Kevin Batten and Pop-Arts Management.
The news comes as Territory Group launches Terra Firma Pictures , a director-led global creative production and animation studio with a fresh approach to content creation.
"We are thrilled to partner with Kevin and the Pop-Arts Management team," explains Andrew Popplestone, Global Executive Creative Director at Territory Group.
"We're excited to represent Territory," adds Kevin Batten, Commercial Arts Manager at Pop-Arts Management.

Territory Studio Joins Forces with Pop-Arts Management

Retrieved on:

Thursday, June 22, 2023

LOS ANGELES, June 22, 2023 /PRNewswire/ -- Territory Studio is excited to announce a collaboration and US representation partnership in the West Coast region with commercial production and post production veteran Kevin Batten and Pop-Arts Management.

Key Points:

LOS ANGELES, June 22, 2023 /PRNewswire/ -- Territory Studio is excited to announce a collaboration and US representation partnership in the West Coast region with commercial production and post production veteran Kevin Batten and Pop-Arts Management.
The news comes as Territory Group launches Terra Firma Pictures , a director-led global creative production and animation studio with a fresh approach to content creation.
"We are thrilled to partner with Kevin and the Pop-Arts Management team," explains Andrew Popplestone, Global Executive Creative Director at Territory Group.
"We're excited to represent Territory," adds Kevin Batten, Commercial Arts Manager at Pop-Arts Management.

The Carbon to Value Initiative Announces Year Three Startup Cohort for Carbontech Accelerator Program

Retrieved on:

Wednesday, June 21, 2023

SOMERVILLE, Mass. and NEW YORK, June 21, 2023 /PRNewswire/ -- The Carbon to Value Initiative (C2V Initiative)—a multi-year collaboration of the Urban Future Lab at NYU Tandon School of Engineering (UFL), Greentown Labs, and Fraunhofer USA, which is supported by the New York State Energy Research and Development Authority (NYSERDA)—has selected eight startups for the third year of its carbontech accelerator program.

Key Points:

Capture6 (Oakland, California, U.S.) removes carbon from the atmosphere while producing clean water and other industrial products from seawater or other saltwater inputs.
Carbon To Stone (Ithaca, New York, U.S.) is developing a carbon mineralization technology coupled with high-value minerals and metals recovery.
Dioxycle (Paris, France / Menlo Park, U.S.) is building an electrolysis platform to convert carbon emissions into chemicals and fuel building blocks.
We look forward to helping this exceptional startup cohort engage with the CLC and make meaningful progress toward commercializing their carbon capture and conversion technologies."

Business and regulators to meet at Global Mobility Call, making it the global epicentre for sustainable mobility

Retrieved on:

Tuesday, June 20, 2023

MADRID, June 20, 2023 /PRNewswire/ -- The second edition of Global Mobility Call, a key Congress-Expo on the international sustainable mobility agenda, will be held in Madrid from 24 to 26 October. In its second edition, GMC2023 will be the meeting point for companies and regulators to drive the transformation of sectors involved in the decarbonised, safe and inclusive mobility of the future. Key business and institutional players in the mobility ecosystem across the value chain will participate, together with international experts who will present trends and cutting-edge projects.

Key Points:

MADRID, June 20, 2023 /PRNewswire/ -- The second edition of Global Mobility Call , a key Congress-Expo on the international sustainable mobility agenda, will be held in Madrid from 24 to 26 October.
In its second edition, GMC2023 will be the meeting point for companies and regulators to drive the transformation of sectors involved in the decarbonised, safe and inclusive mobility of the future.
Key business and institutional players in the mobility ecosystem across the value chain will participate, together with international experts who will present trends and cutting-edge projects.
In its second edition, GMC becomes the essential international event for mobility stakeholders to join forces and achieve the Paris Agreement objectives and the Sustainable Development Goals.

Business and regulators to meet at Global Mobility Call, making it the global epicentre for sustainable mobility

Retrieved on:

Tuesday, June 20, 2023

MADRID, June 20, 2023 /PRNewswire/ -- The second edition of Global Mobility Call, a key Congress-Expo on the international sustainable mobility agenda, will be held in Madrid from 24 to 26 October. In its second edition, GMC2023 will be the meeting point for companies and regulators to drive the transformation of sectors involved in the decarbonised, safe and inclusive mobility of the future. Key business and institutional players in the mobility ecosystem across the value chain will participate, together with international experts who will present trends and cutting-edge projects.

Key Points:

MADRID, June 20, 2023 /PRNewswire/ -- The second edition of Global Mobility Call , a key Congress-Expo on the international sustainable mobility agenda, will be held in Madrid from 24 to 26 October.
In its second edition, GMC2023 will be the meeting point for companies and regulators to drive the transformation of sectors involved in the decarbonised, safe and inclusive mobility of the future.
Key business and institutional players in the mobility ecosystem across the value chain will participate, together with international experts who will present trends and cutting-edge projects.
In its second edition, GMC becomes the essential international event for mobility stakeholders to join forces and achieve the Paris Agreement objectives and the Sustainable Development Goals.

LMP Automotive Holdings, Inc. today announced it has closed on the sale of its Chevrolet, Buick GMC Dealerships in Beckley, WV

Retrieved on:

Wednesday, June 14, 2023

GMC, LMP, Buick, Sale, Car dealership, Property management

FORT LAUDERDALE, June 14, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its Chevrolet, Buick GMC dealerships and their underlying real estate in Beckley, West Virginia.

Key Points:

FORT LAUDERDALE, June 14, 2023 (GLOBE NEWSWIRE) -- LMP Automotive Holdings, Inc. (“LMP” or the “Company”), an e-commerce and facilities-based automotive retailer in the United States, today announced it has closed on the sale of its Chevrolet, Buick GMC dealerships and their underlying real estate in Beckley, West Virginia.

Kerrigan Advisors Represents Beck & Masten Auto Group in Sale of Houston Area Kia Dealership to Group 1 Automotive

Retrieved on:

Wednesday, June 7, 2023

Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Houston, Texas-based Beck & Masten Auto Group in the sale of Beck & Masten Kia to Houston, Texas-based Group 1 Automotive (NYSE: GPI).

Key Points:

Kerrigan Advisors, the premier sell-side advisor and thought partner to auto dealers nationwide, represented Houston, Texas-based Beck & Masten Auto Group in the sale of Beck & Masten Kia to Houston, Texas-based Group 1 Automotive (NYSE: GPI).
This marks the 187th dealership sale transaction led by Kerrigan Advisors since 2015, and 11th Kia dealership sold.
Beck & Masten Kia is ideally located in Tomball, a northwest Houston suburb adjacent to the fast-growing and affluent Woodlands area.
“The success of Kia in greater Houston shows how the area has grown, along with the value of the franchise,” said James Masten, co-owner of Beck & Masten Auto Group.

General Motors Doubles Down on Commitment to a Unified Charging Standard and Expands Charging Access to Tesla Supercharger Network

Retrieved on:

Thursday, June 8, 2023

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Additionally, the collaboration will expand access to charging for GM EV drivers at 12,000 Tesla Superchargers, and growing, throughout North America.

Key Points:

Additionally, the collaboration will expand access to charging for GM EV drivers at 12,000 Tesla Superchargers, and growing, throughout North America.
The Tesla Supercharger Network will be open to GM EV drivers starting in 2024 and will initially require the use of an adapter.
GM will also integrate the Tesla Supercharger Network into its vehicle and mobile apps, helping drivers quickly and easily locate, pay for, and initiate charging at available Tesla Superchargers.
We're excited to work with other industry leaders like General Motors to provide access to the Tesla Supercharger Network via the North American Charging Standard."