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Alger Small Cap Focus Fund Class C (OP: VWAGY )

8.754 +0.084 (+0.96%)
Streaming Delayed Price Updated: 12:59 PM EST, Nov 29, 2024 Add to My Watchlist
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All News about Alger Small Cap Focus Fund Class C

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Volkswagen Slashes Production At EV Battery Plant, Employees Fear Broader Cost-Saving Plan
VW's subsidiary PowerCo cuts production due to financial strain, facing weak EV sales and possible plant closures amid emissions scandal. 
Via Benzinga
Topics Emissions
Poland Ministry Of Health Supports Decriminalizing Possession Of 25 Grams Of Cannabis, Cultivation Of 3 Plants
Via Benzinga
Topics Cannabis
Exposures Cannabis
Volkswagen's Battery Plant In Germany To Operate At Reduced Capacity Amid Financial Strains
Employees voiced their fears about the second line being permanently abandoned as part of a larger cost-saving strategy at Volkswagen 
Via Benzinga
Tesla Won Some Brownie Points By Not Doing Anything Wrong Like GM, Volkswagen, Says Industry Watcher, Calls FSD Elon Musk's 'Passion Project'
Tesla has weathered the EV downturn better than most others in the industry and it has strong brand appeal, says an industry watcher. 
Via Benzinga
Toyota Scales Back 2026 EV Production Plans By 30%, Trims Target To 1M Cars As Global Demand Weakens: Report
Toyota Motor plans to cut its electric vehicle production target for 2026 to 1 million cars, 30% below its earlier forecast. 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
5 Auto Giants Embracing Hemp For Sustainability, From Ford To BMW
Five major automakers, including Volkswagen and BMW, are incorporating hemp into vehicles for sustainability and performance. 
Via Benzinga
ZEEKR Is the Chinese EV Stock to Put on Your Watchlist
ZEEKR Intelligent Technology Holding Ltd. (NYSE: ZK) is a subsidiary of Geely Automotive Holdings Ltd. (OTCMKTS: GELYY) based out of China. luxury 
Via MarketBeat
Jeep Hits The Brakes On Wrangler And Grand Cherokee Production Due To Sluggish Sales, Rising Inventory: Report
Jeep has temporarily stopped producing its Wrangler and Grand Cherokee models due to high inventory levels. 
Via Benzinga
Volkswagen’s Choice: Fire Union Workers And Cut Costs, Or Go Bankrupt
The unions and government leaders are howling but what must be done will be done. 
Via Talk Markets
Topics Bankruptcy
Exposures Financial Legal
Volkswagen's CUPRA Faces Crisis: Massive Tariff Threatens Electric SUV Tavascan's Future
Volkswagen's CUPRA warns that proposed 21.3% import tariffs could "wipe out" the brand, risking financial stability and job losses. 
Via Benzinga
Topics World Trade
Exposures Tariff
Volkswagen Considers Hemp To Develop Sustainable Substitute For Imitation Leather
Via Benzinga
Tesla CEO Elon Musk Doubts Volkswagen's Proposed $5B Rivian Investment Amid Reports That It Is Considering Closing Its Factories In Germany: 'Where Will They Get The Money?'
Tesla CEO Elon Musk doubts whether Rivian Automotive will receive funding from Volkswagen due to potential factory closures and union resistance. 
Via Benzinga
The Battle In Thailand: Chinese EVs Break Through In Southeast Asia
Thailand has always been a battleground for global auto giants. In recent years, with the rapid development of China's automotive industry, more and more Chinese car companies have turned their... 
Via Talk Markets
QuantumScape Pulls Back After July Surge: Is It Ready to Rebound?
After 13 years, QuantumScape Co. (NYSE: QS) is getting closer to the launch of its first commercial solid-state lithium-metal (SSLM) battery. 
Via MarketBeat
Topics Electric Vehicles
Exposures Electric Vehicles
Is Rivian Stock a Buy Right Now?
Rivian stock has cratered over 40% so far in 2024. 
Via The Motley Fool
Mobileye Global: CEO Makes $10 Million Bet on Future Strength
Mobileye Global Inc. (NASDAQ: MBLY) is a leading developer of advanced driver assistance systems (ADAS) vehicle solutions. 
Via MarketBeat
Topics Supply Chain
Exposures Supply Chain
Unlock Extraordinary Offers: Discover the Best Deals at Hiley Volkswagen of Arlington Dealership
Via GetFeatured
XPeng Q2 Earnings: 30.2% Deliveries Growth, Margin Boost From Volkswagen Partnership, Q3 Outlook And More
Xpeng Inc (XPEV) reported Q2 sales growth of 60.2%, missing analyst estimates. Stock price fell. Q2 vehicle deliveries up 30.2%. Expecting 3Q revenue increase. XPEV stock closed higher by 3.75% at... 
Via Benzinga
Prediction: Rivian and Lucid Will Succeed Where Fisker Failed
While Fisker shares many similarities with Rivian and Lucid, it failed in one key area where the others have done better. 
Via The Motley Fool
Tesla's Eroding Market Share, Lucid's Rawlinson Claims Bragging Rights, Rivian's Production Woes And More: Biggest EV Stories Of The Week
The week brought to the fore the travails of the startup space in the EV industry, with Rivian facing supply chain issues and Canoo reporting only modest revenue. 
Via Benzinga
Topics Economy
Exposures Supply Chain
3 Things You Need to Know About QuantumScape Stock Right Now
It's made amazing progress. But it's still not making batteries to sell. 
Via The Motley Fool
Dip Buyers, Beware! Rivian Stock Could Stay in Reverse
As automotive sales, including EV sales, remain in a growth slump, the situation with Rivian stock could worsen before it improves. 
Via InvestorPlace
VW Deal Likely to Offer Rivian Supply Chain Benefits
Via Investor Brand Network
Topics Economy Supply Chain
Exposures Supply Chain
Volkswagen Delays Trinity Launch Due To Software Issues: Report
Volkswagen delays launch of new ID.4 models to early 2030s, A report noted that the project, originally scheduled for a 2026 launch, was postponed due to software issues at the Cariad subsidiary, which... 
Via Benzinga
China's Low Consumer Confidence Creates Panic Among Global Giants: 'We Don't Know How Long It Will Take...'
According to Fitch analysts, uncertainty surrounding disposable income prospects along with shrinking household wealth has led to Chinese consumers prioritizing "value-for-money" products over... 
Via Benzinga
South Korea Considers Mandatory EV Battery Brand Disclosure Amid Rising Safety Concerns And Fire Incidents
Transport ministry officials are scheduled to meet with automakers on Tuesday. 
Via Benzinga
Rivian And Lucid Show That Wealthy Backers Are The Only Chance For Survival Of EV-Only Companies
The latest earnings reports from Rivian Automotive (NASDAQ: RIVN) and Lucid Group Inc (NASDAQ: LCID) made two things clear. The first is that pure play EV makers are continuing to struggle, burning a... 
Via Benzinga
Stock Market Movers: These Two Industrial Stocks Rally Sharply On Earnings
Parker Hannifin and Aspen Aerogels both surged early Thursday after surprising analysts with quarterly results. 
Via Investor's Business Daily
Rivian is Heading Back to $10 or Lower: Here’s Why
Rivian struggled in Q2, producing wider losses than in the year-ago period, setting its stock up for a big fall and the $10 level may not be the bottom. 
Via MarketBeat
Prediction: QuantumScape Will Survive -- and Even Thrive
QuantumScape could address several things hindering EV sales growth. 
Via The Motley Fool
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