autonomous-vehiclesAutonomous Vehicles

Autonomous Vehicles

Magna’s Acquisition of Veoneer Aims to Boost ADAS Business. What About the Autonomous Vehicle Future?

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Report Summary:

In a recent press release, Magna announced the acquisition of the Tier One supplier of automotive safety technologies, Veoneer, for $3.8 billion to enhance its ADAS presence in the automotive industry. What was not announced is how Magna will be positioning itself in the autonomous driving race. 

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