Subaru Levorg with Veoneer technologies wins prestigious Best 5-Star Award in Japan NCAP
STOCKHOLM, May 28, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), is proud active safety supplier to Subaru Levorg, awarded top results in the Japan NCAP (JNCAP). In Japan NCAP's latest annual safety testing, Subaru Levorg outperformed the 1...
Top Safety Pick+ to Volvo XC40 Recharge with Veoneer technologies
STOCKHOLM, May 20, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), is proud active safety supplier to Volvo XC40 Recharge, appointed 2021 Top Safety Pick+ by IIHS. IIHS (Insurance Institute for Highway Safety) in the U.S. has successfully tested...
Veoneer, emotion3D and AVL develop personalized restraint control technology - a new level of automotive safety
STOCKHOLM, April 22, 2021 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), emotion3D, a leading pioneer in camera-based in-cabin monitoring software solutions, and AVL, a global leader in automotive development, testing and simulation, today announced ...
Veoneer's Chief Technology Officer will leave the Company to pursue new career opportunity
STOCKHOLM, Dec. 17, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), today announced that the Company's Chief Technology Officer,Nishant Batra, has decided to leave the Company to pursue a new career opportunity. Mr. Batra joined Veoneer in Novem...
Subaru Selects Veoneer to Manufacture New Generation Eyesight
STOCKHOLM, Oct. 2, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has partnered with Subaru to introduce the new generation EyeSight on the all-new Subaru Levorg. Veoneer will begin producing systems for theJapan market starting later this year...
Veoneer completes divestiture of US brake control business
STOCKHOLM, Aug. 11, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has completed the divestiture of its US brake control business to ZF Friedrichshafen AG. The parties will collaborate on a transition plan for a limited period as part of the d...
Veoneer Begins Production of Technology Suite for Polestar 2
STOCKHOLM, May 6, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), launches its state-of-the-art suite of collision mitigation technology on the new fully electric Polestar 2. Veoneer begins production of its advanced sensing technology and sof...
Veoneer: Financial Report January - March 2020
STOCKHOLM, April 24, 2020 /PRNewswire/ -- Financial Summary - Q1'20 * Underlying financial results better than expected, due to our Market Adjustment Initiatives (MAI) * Net Sales $362 million * Net Sales decline 27% including Organic Sales1 decline 15%, 9pp better than the global LVP * A...
Veoneer to Focus on Core Electronics Business
STOCKHOLM, April 24, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc.(NYSE: VNE) and (SSE: VNE SDB), has, following a strategic review, decided to exit the brake control business and has signed a non-binding agreement with a well-established automotive supplier to divest Veon...
Veoneer: Financial Report October - December 2019
STOCKHOLM, Feb. 5, 2020 /PRNewswire/ -- Financial Summary - Q4'19 * Financial results in-line with or better than our expectations * Net Sales $456 million * Net Sales decline 15%, Organic Sales1) decline 14% * Active Safety Net Sales decline 2...
Veoneer Selected to Supply System Based on Next Generation Vision and Radar System
STOCKHOLM, Feb. 5, 2020 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, and its software joint venture Zenuity, have been selected by a global,Asia-based, automaker to supply an...
Veoneer Completes Divestiture of Japan and China Operations of Brake System Joint Venture
STOCKHOLM, Feb. 3, 2020 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB) , the world's largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has completed the sale of its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that compris...
Veoneer Order Book, New Order Intake and Sales Estimate Update
STOCKHOLM, Jan. 3, 2020 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), estimates its current total order book value to be approximately$19 billion, in line with the estimate of more than $19 billion from the end of 2018, pointing to strong sales growth ahead. Lifetime value of the new...
Veoneer at CES 2020: Showcasing the Products That Will Change how Everyone Drives in the Future
STOCKHOLM, Dec. 5, 2019 /PRNewswire/ -- At CES 2020, Veoneer, a world-wide leader in autotech, will reveal how it believes daily driving in the future will change, showcasing a range of new driver support, collaborative driving and self-driving solutions that are set to become mainstream in the c...
Veoneer Joins Autonomous Vehicle Computing Consortium to Accelerate Development of Autonomous Vehicles
STOCKHOLM, Nov. 19, 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 joined the Autonomous Vehicle Computing Consortium (AVCC) to speed autonomous driving ve...
Financial Report July - September 2019
STOCKHOLM, Oct. 23, 2019 /PRNewswire/ -- Financial Summary - Q3'19 * Results better than our expectations with the exception of sales * Net Sales $462 million * Net Sales decline 12%, Organic Sales1 decline 10% * Active Safety Net Sales decline 11%, Organic Sales1 decline 8% * Operat...
Veoneer Receives Thermal Cameras Award for Autonomous Vehicles
STOCKHOLM, Sept. 17, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems, Collaborative and Automated Driving, has been awarded a production contract to manufacture the world's first thermal camera fo...
Veoneer Supports First Guidelines for Safe Introduction of Automated Driving Systems
STOCKHOLM, Sept. 11, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS), Collaborative and Automated Driving (AD), announced its support to Thatcham Research, the motor insurers' automotive ...
Veoneer Nominated to Supply Global Automaker With Next Generation Vision System
STOCKHOLM, Sept. 10, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, and its software joint venture Zenuity, have been nominated by a global automaker to supply its next g...
Veoneer: Financial Report April - June 2019
STOCKHOLM, July 26, 2019 /PRNewswire/ -- Financial Summary - Q2'19 * Results slightly better than our internal expectation * Net Sales $489 million * Net Sales decline 14%, Organic Sales[1] decline 10% * Active Safety Net Sales decline 14%, Organic Sales[1] decline 9% * Operating cash f...