Veoneer Announces Closing of its Capital Raise
STOCKHOLM, May 29, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB),a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), today announced that the Capital Raise initiated on May 20 closed on May 28. The total proceeds from the capital rai...
Veoneer Recognized by General Motors as a 2018 Supplier of the Year Winner
STOCKHOLM, May 24, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB),the world's largest pure-play company focused on Advanced Driving Assistance Systems, Collaborative and Automated Driving was named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the ...
Veoneer Announces Upsizing and Pricing of Concurrent Common Stock and Convertible Senior Notes Offerings
STOCKHOLM, May 23, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), a pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), announced today the pricing of its concurrent underwritten public offerings of 24 million shares of common stock...
Veoneer Holds Annual General Meeting of Stockholders
STOCKHOLM, May 8, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), today held its Annual General Meeting of Stockholders (AGM) inChicago, Il, USA. At the AGM, su...
Veoneer: Financial Report January - March 2019
STOCKHOLM, April 29, 2019 /PRNewswire/ -- Financial Summary - Q1'19 * Consolidated Net Sales $494 million * Net Sales growth (17)%, Organic Sales1 growth (12)% * Active Safety Net Sales growth (10)%, Organic Sales1 growth (3)% 2019 Outlook * Light vehicle production decline low to mid ...
Veoneer's JV Zenuity Reached a Milestone With Polestar 2
STOCKHOLM, March 5, 2019 /PRNewswire/ -- Veoneer, Inc.'s (NYSE: VNE) and (SSE: VNE SDB), joint-venture for advanced driver assistance systems (ADAS) and autonomous driving software, Zenuity, reached an important milestone when the all-electric luxury car Polestar 2 was revealed recently. Early 2...
Veoneer Publishes 2018 Annual Report on Form 10-K
STOCKHOLM, Feb. 26, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), has filed its 2018 Annual Report on Form 10-K with the Securities and Exchange Commission (S...
Veoneer: Financial Report October - December 2018
STOCKHOLM, Feb. 13, 2019 /PRNewswire/ -- Financial Summary - Q4'18 • Consolidated Net Sales $535 million • Net Sales growth (10)%, Organic Sales* growth (9)% • Active Safety Sales growth 1%, Organic Sales* growth 3% • Operating Margin (14)% 2019 Outlook • Light vehicle production slightly do...
Veoneer Partner in AI Innovation of Sweden
STOCKHOLM, Feb. 7, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), is one of the founding partners in AI Innovation ofSweden, the new national center for accele...
Veoneer's JV Zenuity Gets Approval for Hands-off Self-driving Tests on Public Roads in Sweden
STOCKHOLM, Jan. 28, 2019 /PRNewswire/ -- Veoneer, Inc.'s (NYSE: VNE) (SSE: VNE SDB) joint-venture for advanced driver assistance systems (ADAS) and autonomous driving software, Zenuity, gets approval for self-driving tests on public roads inSweden. Transportstyrelsen, the Swedish Transport Agenc...
Veoneer Appoints Mats Backman as Chief Financial Officer
STOCKHOLM, Jan. 8, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), has appointed Mr.Mats Backman as Chief Financial Officer. He joins from Autoliv where he ha...
Veoneer Achieves Record Full Year Order Intake
STOCKHOLM, Jan. 8, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), achieved record order intake for the full year 2018. The total lifetime value of the 2018 orders is estimated at$5.9 billion, corresponding to an average annual order value of more than$1.2 billion. This represent...
Veoneer Receives Award from Global Automaker to Develop Next Generation Lidar Systems
STOCKHOLM, Jan 8, 2018 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving, has been awarded a contract by a global automaker to design and manufacture a mass production lidar ...
Veoneer Showcases Collaborative Driving at CES 2019
LAS VEGAS, (CES), Jan. 7, 2019 /PRNewswire/ -- At the annual Consumer Electronics Show in Las Vegas, Veoneer (NYSE: VNE and SSE: VNE SDB) will showcase technologies, solutions and research that will support the evolution of cars well into the 2030s. It is predicted that in 2030 the vast majorit...
Veoneer's Chief Financial Officer has Decided to Leave the Company
STOCKHOLM, Dec. 20, 2018 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), today announced thatMathias Hermansson, Chief Financial Officer has decided to leave the com...
Veoneer to Demonstrate New Driver-vehicle-infrastructure Technology at CES 2019
STOCKHOLM, Nov. 23, 2018 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), will demonstrate automotive safety tech at CES 2019 inLas Vegas. A lot of new autonomous ...
Veoneer Appoints Chief Technology Officer, Refines Organization
STOCKHOLM, Oct. 24, 2018 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), has appointed Mr.Nishant Batra to the new position as Executive Vice President (EVP) and...
Veoneer Introduces Autonomous Driving Supercomputer Based on Zenuity Software and NVIDIA Processing Power
STOCKHOLM, Oct. 10, 2018 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), has developed the "Zeus" supercomputer - designed to meet the requirements for level 4 Auton...
CEO Buys Shares in Veoneer
STOCKHOLM, Sept. 5, 2018 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNEsdb)today announced that Jan Carlson, Chairman, President and CEO, purchased Swedish Depository Receipts representing 50,000 shares of Veoneer common stock onAugust 30, 2018. Mr. Carlson made the purchase as part of a...
Veoneer: Financial Report April - June 2018
STOCKHOLM, July 27, 2018 /PRNewswire/ -- Financial Summary * Consolidated Net Sales $572M * Net Sales growth (1)% * Organic Sales* growth (4.5)% * Operating margin (8.4)% Full Year Outlook 2018 * Consolidated Net Sales similar level as 2017 * Organic Sales* growth around (3)% * Oper...