Magna to buy Veoneer Active Safety for US$1.53 billion

Deal expected to add to Magna's sensor and full systems capabilities, including radar, camera and driver monitoring, and add 2,200 engineers for systems, software and sensor development

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Tuesday, December 20, 2022 Magna to buy Veoneer Active Safety for US$1.53 billion Read More > Subscribe An Automotive News Canada subscription includes 12 monthly issues – delivered in print to your doorstep, and digitally to your inbox – plus unlimited, 24/7 access to our website. Subscribe Connect With Us Our Mission “The Automotive News Canada mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in Canada.” Click here to unsubscribe from this newsletter. Manage your email preferences. Automotive News Canada PO Box 243, Station A Windsor, Ontario, N9A 6K7 customerservicecanada@autonews.com