Radar and driver-assistance software specialist Veoneer expects to achieve a key financial milestone. In the final three months of 2020 the Swedish company is on track to have organic sales growth for the first time since it was spun off from Autoliv in 2018. CEO Jan Carlson shared the company's outlook for the rest of 2020 and for 2021. He also explained why the move to full autonomous cars is taking longer than expected and outlined the big potential Veoneer sees from its collaboration with U.S. tech giant Qualcomm. He spoke with Automotive News Europe Managing Editor Douglas A. Bolduc earlier this month via video chat.
What is your outlook for the fourth quarter? Are you still expecting to achieve organic sales growth in the period?
Yes, things look good so far. The outcome should be organic growth for the first time [since the company became operational in 2018]. That is something we are really looking forward to. We also said our RD&E [research, development and engineering] would come down [by a net $100 million] and we are on track to do that too.