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 and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies
STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ -- The automotive technology company Veoneer, Inc.(NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity. The parties have agreed in principl...
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 Publishes 2019 Annual Report on Form 10-K
STOCKHOLM, Feb. 22, 2020 /PRNewswire/ -- Veoneer, a world-wide leader in
autotech, has filed its 2019 Annual Report on Form 10-K with the Securities and
Exchange Commission (SEC).
The 2019 Annual Report on Form 10-K is available at the SEC Edgar website:
www.sec.gov
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...
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...
Veoneer Demonstrates Latest Active Safety Products and Solutions at North American Event
DETROIT, MI, June 20, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driving Assistance Systems, Collaborative and Automated Driving showcases the company's newest Active Safety products during a Ride and Drive event for ...
Veoneer Acquires Nissin Kogyo's Interests in US VNBS Operations
STOCKHOLM, June 17, 2019 /PRNewswire/ -- Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), the world's largest pure-play company focused on Advanced Driver Assistance Systems (ADAS) and Automated Driving (AD), has signed a binding agreement with Nissin Kogyo, its joint venture partner in Veoneer Nissin ...