STOCKHOLM, Sweden–Veoneer expects to gain from a commercial delay in self-driving cars, betting that rising demand for its radar and camera-based systems as the industry ramps up to autonomy will boost its market position Forecasts on when autonomous vehicles will…
STOCKHOLM (Reuters) – Swedish autoparts maker Veoneer forecast organic sales would not grow this year as it expects a downturn in Chinese and European car production to persist, adding any further deterioration could force it to seek additional funding. Veoneer…
Stockholm, Sweden, January 8, 2019: 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…
Las Vegas, (CES), January 6, 2019 – 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…
The fourth quarter of 2018 was very, very bad for brake stocks. The biggest loser was Veoneer, an automated-driving start-up. The company’s stock lost more than half its value, shaving more than $2 billion of the company’s market cap. Many…
STOCKHOLM, Oct. 24, 2018 /PRNewswire/ — Veoneer, Inc., 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 Chief Technology Officer (CTO) and is…
Stockholm, Sweden, October 10, 2018: 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…