Veoneer Sensors and ADAS ECU in the Mercedes GLE, winner of Euro NCAP 2020 AD Grading
STOCKHOLM, Oct. 5, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), is proud supplier to the Mercedes GLE, test winner among nine competitors in the Euro NCAP 2020 AD Grading. In parallel with its safety testing, Euro NCAP has introduced ...
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 Supplies Advanced Driver Assistance Technology to Global Premium Automaker
STOCKHOLM, Sept. 10, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), will equip a world-class premium automaker with the most advanced stereo vision camera system, perception software and 77 GHz front and rear radar system available in the market. ...
Veoneer and Qualcomm to power Next Generation ADAS and Autonomous Driving Systems
STOCKHOLM, Aug. 27, 2020 /PRNewswire/ -- Automotive technology company, Veoneer, Inc. and Qualcomm Technologies, Inc., have decided to collaborate on the delivery of scalable Advanced Driver Assistance Systems (ADAS), Collaborative and Autonomous Driving (AD) solutions powered by Veoneer's next...
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 and Volvo Cars Finalize Split of Software Joint Venture Zenuity
STOCKHOLM, July 2, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and syst...
Veoneer Recognized by General Motors as a 2019 Supplier of the Year Winner
STOCKHOLM, June 30, 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year awards on Wednesday, June ...
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 Provides Update to First Quarter 2020 and Current Market Situation
STOCKHOLM, March 20, 2020 /PRNewswire/ -- Given the rapid changes in the market caused by the effects of the coronavirus outbreak, Veoneer Inc. (NYSE: VNE and SSE: VNE SDB), updates indications of its first quarter 2020, current business situation and short term response actions. * Health and ...
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...
Veoneer to Divest Japan and China Operations of Brake System Joint Venture
STOCKHOLM, Oct. 30, 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, has signed agreements (the "Definitive Agreements") to sell its 51% ownership in the Japanese (VNBJ) and...
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...
