On Wednesday, Shares of Fiat Chrysler Automobiles NV (NYSE:FCAU), lost -0.07% to $13.44.
As the first of a new generation of vehicles built on an all-new platform, the 2017 Giulia Quadrifoglio embodies Alfa Romeo’s La meccanica delle emozioni (the mechanics of emotion), delivering race-inspired performance, advanced technologies, seductive Italian style and an exhilarating driving experience to the premium mid-size sedan segment.
“The all-new Giulia is not just a new car, but an entirely new benchmark that represents the next chapter in Alfa Romeo’s rich 105-year heritage,” said Reid Bigland, Head of Alfa Romeo Brand, FCA - North America. “With an all-new lightweight platform and class-leading power and handling, the all-new Giulia delivers on the pedigree of incredible technology, race-inspired performance and Italian design and style.”
Crafted by Alfa Romeo artisans at the Cassino plant in Italy, the all-new 2017 Giulia Quadrifoglio is the ultra-high-performance model in the lineup and a testament to Alfa Romeo’s perfect balance of engineering and emotion, creating a premium sport sedan for driving enthusiasts that stands out in the segment.
Fiat Chrysler Automobiles N.V., an automotive group, designs, engineers, manufactures, distributes, and sells vehicles and components. It offers passenger cars, light trucks, and light commercial vehicles under the Abarth, Alfa Romeo, Chrysler, Dodge, Fiat, Fiat Professional, Jeep, Lancia, and Ram brand names, in addition to after-sales services and parts under the Mopar brand name.
Shares of Liberty Interactive Corp (NASDAQ:QVCA), inclined 1.88% to $26.02, during its last trading session.
Liberty Interactive Corp, declared the appointment of Paolo Penati to market leader of QVC Italy. Penati will be responsible for overseeing QVC’s operations and growth in Italy, succeeding Gregg Bertoni, who has led QVC Italy since January 2014. This role will leverage Penati’s experience and leadership in the Italian market. He will report to Steve Hofmann, EVP of International for QVC. Bertoni will become the president and CEO of CNR Mall, QVC’s joint venture with China National Radio, where he will continue to build the business’s growth in China.
“Since its launch in 2010, QVC Italy has become the market’s leader in video and ecommerce retail and generated compriseent revenue growth,” said Hofmann. “During this time, Paolo has compriseently demonstrated his ability to lead and inspire teams, has strengthened the QVC brand and has the right experience to build our brand awareness, drive growth of our customer base and contribute to and execute our enterprise strategy.”
Penati formerly served as CFO and vice president of merchandising, planning and programming for QVC Italy. He joined QVC Italy in 2010 to lead finance and subsequently added responsibilities for distribution, customer service and merchandising, programming and planning. Priority to joining QVC, Penati was the CEO of La Gardenia, a chain of perfumeries, and before that, the CEO of Blockbuster Italia.
Liberty Interactive Corporation, through its auxiliaries, engages in the video and on-line commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications.
Finally, Shares of Chemtura Corp (NYSE:CHMT), ended its last trade with 2.16% gain, and closed at $30.29.
Anderol Specialty Lubricants, a division of Chemtura Corporation, is happy to declare that the ANDEROL 5000 PLUS EP Synthetic Gear Oil product series, which is designed for gear applications requiring high micro pitting resistance and protection under extreme conditions, is the first product to receive approval from General Electric (GE) for use in Off-Highway Vehicle motorized wheel gearbox applications under GE’s new gear oil specification D50E35. The approvals are for ISO VG 220, 320, 460, and 680. The new specification goes into effect on January 1, 2016 and requires high micro pitting resistance and superior performance in other demanding bench tests. The off-highway vehicle industry is a growing market that comprises heavy-duty equipment such as construction vehicles and mining haul trucks. These gearboxes are subjected to high loads and low speeds, which highly stress the lubricant. These operating conditions can result in micro pitting damage, a precursor to pitting and gear failure.
“On January 1, the current GE OHV Gearbox oil specification D50E27 will become obsolete, and any future maintenance for existing and new equipment under warranty must use the lubricants approved under the new specification D50E35,” says Salvatore Rea, Chemtura OEM Liaison. “We’re proud that ANDEROL 5000 PLUS EP meets the new, rigorous standards set by GE and the growing performance demands of all industrial gearbox manufacturers.”
The PAO/ester-based ANDEROL 5000 PLUS EP gear oils are formulated using a specific balance of advanced synthetic base stocks and additives to provide performance greatly superior to conventional petroleum oils, counting significantly improved load carrying ability, excellent wear and rust protection, higher viscosity indices, higher flash points, low pour points, cleaner running systems and improved thermal and oxidative stability. This assists promote higher gearbox reliability, extended lubricant life and reduced maintenance costs for the end user.
Chemtura Corporation, together with its auxiliaries, develops, manufactures, and markets performance-driven engineered specialty chemicals for industrial manufacturing customers in the United States and internationally.