Mexican Media Brands
Autoliv Electronics Spinoff to be Called Veoneer
Autoliv says the new company created when it spins off of its electronics business will be called Veoneer.
#electronics
Share
Autoliv says the new company created when it spins off of its electronics business will be called Veoneer.
The divestiture is expected to be completed in the third quarter of 2018. Veoneer will focus on safety electronics, sensors and software for active safety, advanced driver assistance systems and autonomous driving technologies.
The Swedish company’s remaining Passive Safety business, which includes airbags, seatbelts and steering wheels, will continue to operate under the Autoliv name. Both companies will be based in Stockholm.
Autoliv announced plans for the spin-off last September. The board of directors approved the proposal in December.
RELATED CONTENT
-
Internal Combustion Engines’ Continued Domination (?)
According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.
-
On Military Trucks, Euro Car Sales, Mazda Drops and More
Did you know Mack is making military dump trucks from commercial vehicles or that Ford tied with Daimler in Euro vehicle sales or the Mazda6 is soon to be a thing of the past or Alexa can be more readily integrated or about Honda’s new EV strategy? All that and more are found here.
-
2019 Volvo XC40 T5 AWD Momentum and R-Design
Back in 2004, Volvo introduced a concept vehicle, called “Your Concept Vehicle,” in which case the pronoun essentially referred to women because as the company pointed out, the YCC was “the first car designed and developed almost exclusively by women.” Some would say that Volvo was ahead of its time—way ahead—with this idea.