|Bid||29.36 x 800|
|Ask||29.26 x 900|
|Day's Range||28.27 - 29.42|
|52 Week Range||22.63 - 8,300.00|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Apr 26, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.53|
In December 2018, Veoneer, Inc. (NYSE:VNE) released its most recent earnings announcement, which signalled company earnings became less negative compared to the previous year's level - great news for...
Sweden's 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 become a commercial reality have been receding, with most analysts now expecting broad-based adoption to take another decade as accidents in early testing have raised fresh concerns about regulation, technology and cost. Weak car markets, delayed 2020 targets and cash concerns also contributed to a 36 percent drop in Veoneer's stock over the past six months.
STOCKHOLM , March 27, 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), ...
With the notable exception of Elon Musk’s Tesla Inc, most automakers have said their self-driving cars will rely on a detection system known as lidar. Pressure to launch self-driving cars is already pushing many players to place bets on the technology. General Motors Co, Ford Motor Co and BMW are expected to deploy sensors from well-funded lidar startups Velodyne and Innoviz on their initial self-driving cars over the next two years.
STOCKHOLM, March 5, 2019 /PRNewswire/ -- Veoneer, Inc.'s (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 2020, Polestar 2 will be the first car model on the market with an ADAS software system, e.g. In Polestar 2, Zenuity's ADAS software stack has been integrated with Veoneer's sensors and the active safety products ADAS ECU, front radar, and monovision cameras version 4 with algorithms using deep learning technologies developed by Veoneer.
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), ...
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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* ...
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 of Sweden, the new national center for accelerating research and innovation within Artificial Intelligence (AI). AI Innovation of Sweden is a national and neutral initiative which is intended to function as an engine in the Swedish AI ecosystem. The focus is on accelerating implementation of AI by means of sharing knowledge and data, co-location and collaboration projects, all with a strong focus on ethics, transparency and security.
Autoliv on Tuesday forecast lower-than-expected organic sales growth this year and pushed back 2020 sales and margin targets, blaming a slowdown in car production and sales and an increase in raw material prices. The world's largest maker of airbags and seat-belts said it was maintaining its targets of reaching more than $10 billion in sales and around 13 percent in adjusted operating margin, but no longer expected to reach them in 2020. "Compared to when we put these targets out in 2017 ... there has been a big (drop) in underlying light vehicle production that requires us to push out the targets somewhat," CEO Mikael Bratt told Reuters.
A Volvo Cars joint venture has won approval to begin hands-free testing of its software for self-driving cars on Swedish highways, partner Veoneer said on Monday. Veoneer said the Zenuity joint venture's software for Level 4 autonomous driving - the second highest level - would be tested in a Volvo car by trained drivers with their hands off the steering wheel at a maximum speed of 80 kilometres per hour (50 miles per hour). U.S. companies are leading the pack, with Google's Waymo last year winning the first approval to test cars without safety drivers on Californian public roads.
Transportstyrelsen, the Swedish Transport Agency, has approved that Zenuity, the joint venture between Veoneer and Volvo Cars, to do tests with self-driving cars on Swedish highways. The routes that have been approved are E4 between Stockholm and Malmö, road 40 between Jönköping and Gothenburg, and E6 between Gothenburg and Malmö. "The approval to do real-life tests is essential for gathering important data and test functions. It is a strong proof-point for the progress of Zenuity's self-driving capabilities," says Nishant Batra, Veoneer's Chief Technology Officer.