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

8.715 -0.165 (-1.86%)
Streaming Delayed Price Updated: 2:52 PM EST, Nov 21, 2024 Add to My Watchlist
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Tesla Analysts Brace For Q3 Sales Beat, Rivian Loses A Bull, Canoo Drives Across The Atlantic And More: Biggest EV Stories Of The Week
Tesla stock's resurgence and China stimulus that perked up startups from the country, added to the buoyancy imparted by the broader market strength. 
Via Benzinga
Topics Earnings
Exposures Financial
Volkswagen Cuts Profit Forecast Again Amid Sliding Car Demand
Volkswagen AG (VLKAF​​​​​​​) lowered its profitability forecast for the second time this year due to sliding passenger vehicle demand, highlighting the bumpy transition to electric vehicles. 
Via Talk Markets
European Automakers Don't Have A Response To China's EV Offensive
It’s been almost two years that China’s biggest EV maker and Tesla Inc (NASDAQ: TSLA) rival, BYD (OTC: BYDDY) entered the EU and the UK. 
Via Benzinga
AINewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) Partners with Volkswagen to Integrate AI Assistant in Vehicles
Via Investor Brand Network
Topics Artificial Intelligence
Exposures Artificial Intelligence
Google And Volkswagen Team Up To Launch AI Assistant That Can Even Change A Flat Tire
The AI assistant is currently free for approximately 120,000 owners of Volkswagen's Atlas and Atlas Cross Sport models. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Tesla And Chinese EV Startups Outpace Toyota, Volkswagen In Critical Software Race: Report
Legacy automakers struggle to catch up in EV software race, with only 3 in top 10 digital automaker index. Chinese competition also faces challenges. 
Via Benzinga
Google X Sparks a New Era of AI-Powered Robotics
The robotics industry has undergone rapid advancements, especially with AI integration, but the path forward is still filled with challenges. In 2016, Google X’s Everyday Robots project sought to... 
Via PressReach
Topics Artificial Intelligence Supply Chain
Exposures Artificial Intelligence Supply Chain
Chinese Vehicle Tech Faces Biden Administration Ban Over National Security Concerns: China EV Stocks Fall
US Commerce Department plans to ban Chinese-made vehicles with key communications and automated driving systems due to security concerns. 
Via Benzinga
Is It Too Late to Buy QuantumScape Stock?
The short answer is no, but the more important question is how long will it be before investing in QuantumScape pays off? 
Via The Motley Fool
Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old history. 
Via Benzinga
NIO Denies Audi Plant Takeover Rumors: Report
NIO reportedly denies rumors of a takeover of the Audi Brussels plant, clarifying its cautious approach to investments amidst speculation of a bid. 
Via Benzinga
Pro-Tech Transmissions Expands Service Offerings to Include All Domestic and European Makes and Models at Phoenix Location
Via GetFeatured
Xingbang Group: US market charging standards
Via AB Newswire
Topics Electric Vehicles
Exposures Electric Vehicles
Chinese EV Maker Nio Eyes Audi's Brussels Plant Amid European Expansion: Report
Chinese EV maker Nio is reportedly eyeing taking over Volkswagen brand Audi's car plant in the Brussels city of Vorst. 
Via Benzinga
Tesla Registrations In EU Take A Hit In 2024 As EV Demand Slows: Volkswagen, Volvo, And Toyota Continue To Gain Speed
New Tesla vehicle registrations in the European Union in the first eight months of 2024 dropped 15% due to slowing EV demand. 
Via Benzinga
GM And Hyundai Join Forces To Boost Competitiveness And Improve Efficiency
On Thursday, General Motors (NYSE: GM) and Hyundai Motor Company (OTC: HYMTF) announced that they signed a memorandum to explore joint product development, manufacturing, and clean energy... 
Via Benzinga
InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces ASR Contract Renewals by Three Existing Clients
Via Investor Brand Network
Topics Artificial Intelligence Supply Chain
Exposures Artificial Intelligence Supply Chain
PayPal Is A Buy, Jim Cramer Says: As For Rivian? 'Let It Percolate'
PayPal will become an additional credit and debit card processor for Shopify Payments through its PayPal Complete Payments solution. 
Via Benzinga
An EV OEM Shakeout Is Underway: Who Will Win?
There is an EV shakeout underway, and no start-up is risk-free. The big OEMs bide their time, waiting to buy or develop technology, ready for the next boom 
Via MarketBeat
Topics Bankruptcy
Exposures Financial Legal
Volkswagen Declares War On Unions, Scraps Three-Decade-Old Job Protections
Via Talk Markets
VW Announces Project to Replace Leather Car Interior Materials with Hemp Alternatives
Via Investor Brand Network
Topics Cannabis
Exposures Cannabis
Volkswagen Recalls Every ID.4 SUV in U.S. for Door Malfunction Concerns
German automaker Volkswagen is recalling 98,806 of its ID.4 electric SUVs in the U.S. citing concerns about the door handles opening unexpectedly, the U.S. National Highway Traffic Safety... 
Via Benzinga
Topics Product Recall
Exposures Legal Product Safety
Volkswagen's $5B Deal With Rivian Leaves Software Arm Cariad Workers Frustrated, CEO Left Out: Report
The recent $5 billion deal between Volkswagen and US electric vehicle start-up Rivian Automotive has reportedly stirred up discontent among employees at the German automaker's software division... 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
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
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