Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU) ended Tuesday session in red amid volatile trading. The shares closed down -0.11 points or -1.69% at $6.09 with 7.83 million shares getting traded. Post opening the session at $6.07, the shares hit an intraday low of $6.05 and an intraday high of $6.16 and the price vacillated in this range throughout the day. The company has a market cap of $7.98 billion and the numbers of outstanding shares have been calculated to be 1.29 billion shares.
On Sept. 26, 2016 FCA US LLC will roll into the 2016 State Fair of Texas Auto Show this week, Sept. 30, with a variety of displays and interactive experiences, featuring Chrysler, Jeep®, Dodge, Ram and FIAT brand vehicles.
“The State Fair of Texas provides a great opportunity to not only showcase our newest vehicles, but demonstrate how our brands uniquely meet the needs and preferences of Texans,” Mike Dragojevic, Director of the Southwest Business Center, FCA US, said. “We also provide a lot of fun experiences in our displays with a Dodge Viper driving simulator, huge rock climbing wall, entertaining photo ops, mechanical bull riding and a new 360-degree Virtual Reality Test Drive Experience in the Ram truck display.”
As the recent winner of the “Family Car of Texas” at the annual Texas Auto Roundup, a competitive car event hosted by the Texas Auto Writers Media Association (TAWA), the 2017 Chrysler Pacifica reinvents the minivan segment with an unprecedented level of functionality, versatility, technology and bold styling. Re-engineered from the ground up on an all-new platform, the Pacifica delivers class-leading gasoline and hybrid powertrains to the minivan segment. With more than 100 available safety and security features, the all-new Uconnect Theater rear seat entertainment system, tri-pane panoramic sunroof, and a full array of comfort, convenience and driver assistance technologies, the Chrysler Pacifica is a no-compromises minivan ideally suited for families. The Chrysler Pacifica Hybrid is expected to deliver up to 80 miles per gallon equivalent (MPGe) in city driving.
The FIAT brand display will feature the latest addition to the Fiat lineup, the all-new 2017 Fiat 124 Spider. The 2017 Fiat 124 Spider revives the storied nameplate, bringing its classic Italian styling and performance to a new generation. Paying homage to the original 124 Spider nearly 50 years after its introduction, the 2017 Fiat 124 Spider delivers the ultimate Italian roadster experience with driving excitement, technology and safety combined with iconic design. The 124 Spider is available in three trim levels: Classica, Lusso or, for performance enthusiasts, Abarth. The all-new Fiat 124 Spider is available at FIAT studios in North America now.
Shares of Johnson Controls Inc (NYSE:JCI) ended Tuesday session in green amid volatile trading. The shares closed up +0.69 points or 1.56% at $44.98 with 9.30 million shares getting traded. Post opening the session at $44.30, the shares hit an intraday low of $43.61 and an intraday high of $45.05 and the price vacillated in this range throughout the day. The company has a market cap of $29.04 billion and the numbers of outstanding shares have been calculated to be 637.75 million shares.
On Sept. 23, 2016 Johnson Controls, the global leader in buildings and energy solutions, has been selected by the Alliance to Save Energy to receive the Star of Energy Efficiency Chairman’s Award in recognition of its innovative start-stop battery technology.
“We are honored to receive this award and recognition for our start-stop battery technology, which significantly saves fuel, reduces environmental impact and ultimately saves consumers money over the life of their vehicle,” said Kim Metcalf-Kupres, vice president and chief marketing officer, Johnson Controls.
Start-stop technology enables a vehicle’s engine to shut off during stops, such as red lights or traffic jams. Accessories such as lights, air conditioning and other functions continue to operate off stored battery power. When the driver lifts the foot off the brake, the engine seamlessly restarts and is ready to move the vehicle.
Start-stop technology, which is simpler and lower-cost than hybrid or electric vehicles and can improve fuel efficiency by up to 5 percent, has already been implemented in 35 million vehicles around the world, saving around 660 million gallons of fuel while cutting greenhouse gas emissions by 5.9 million metric tons per year.
By 2020, Johnson Controls predicts 50 percent of all new vehicles in the U.S. will have start-stop technology.
“Over the next five years, as we see adoption numbers go up, we are committing more than $780 million in battery capacity across the globe to support that growth,” said Metcalf-Kupres.