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Alger Small Cap Focus Fund Class C
(OP:
VWAGY
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8.780
+0.040 (+0.46%)
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Updated: 3:59 PM EST, Nov 22, 2024
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Toyota Scales Back 2026 EV Production Plans By 30%, Trims Target To 1M Cars As Global Demand Weakens: Report
September 06, 2024
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
September 05, 2024
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
September 05, 2024
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
September 05, 2024
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
September 04, 2024
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
September 04, 2024
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
September 03, 2024
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?'
September 03, 2024
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
August 31, 2024
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?
August 27, 2024
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?
August 27, 2024
Rivian stock has cratered over 40% so far in 2024.
Via
The Motley Fool
Mobileye Global: CEO Makes $10 Million Bet on Future Strength
August 26, 2024
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
August 21, 2024
Via
GetFeatured
XPeng Q2 Earnings: 30.2% Deliveries Growth, Margin Boost From Volkswagen Partnership, Q3 Outlook And More
August 20, 2024
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
August 20, 2024
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
August 17, 2024
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
August 17, 2024
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
August 15, 2024
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
August 14, 2024
Via
Investor Brand Network
Topics
Economy
Supply Chain
Exposures
Supply Chain
Volkswagen Delays Trinity Launch Due To Software Issues: Report
August 13, 2024
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...'
August 12, 2024
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
August 12, 2024
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
August 08, 2024
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
August 08, 2024
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
August 08, 2024
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
August 08, 2024
QuantumScape could address several things hindering EV sales growth.
Via
The Motley Fool
Rivian Stock 'Powering Through Some Speed Bumps': Analysts Highlight Volkswagen JV, Amazon Partnership, R2 Launch After Q2 Earnings
August 07, 2024
Rivian stock is sized up by six analysts after reporting second-quarter financial results. A look at the long-term EV opportunity analysts see for the company.
Via
Benzinga
Rivian Expects To Achieve More Favorable Pricing From Suppliers And Future Revenue Opportunities Thanks To Volkswagen JV
August 07, 2024
Aston Martin Unaffected By Delays In British Carmaker's EV Timeline: 'We're Solidifying Our Plans'Rivian: The Good, The Bad And The Unknown From Its Q2 EarningsEV startup Rivian (NASDAQ: RIVN) expects...
Via
Benzinga
Topics
Supply Chain
Exposures
Supply Chain
Rivian Sees Another Second-Quarter Loss But Costs Per Vehicle Are Coming Down
August 06, 2024
Rivian stock has dropped 9% in August.
Via
Investor's Business Daily
Rivian Q2 Earnings Highlights: Revenue Beat, EPS Miss, Volkswagen JV To 'Speed Up The Transition Away From Fossil Fuels'
August 06, 2024
Rivian reported Q2 results after market close Tuesday. A look at the key highlights from the report and a look at what's next.
Via
Benzinga
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