Autoliv accelerates structural cost reductions; reiterates its full year 2023 indications

(Stockholm, Sweden, June 8, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces it is accelerating its global structural cost reductions, particularly within its European operations. These actions support Autoliv’s medium- and long-term financial targets and the company reiterates its full year 2023 indications. Autoliv continues to actively… Continue reading Autoliv accelerates structural cost reductions; reiterates its full year 2023 indications

Autoliv to launch its first motorcycle airbag in 2025

(Stockholm, Sweden, June 2, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), is pioneering improved safety for 200 million road users through its holistic approach to motorcycle and scooter safety. The first new motorcycle safety product to reach the market will be the bag-on-bike airbag, with production beginning in Q1 2025. The bag-on-bike airbag… Continue reading Autoliv to launch its first motorcycle airbag in 2025

Magnus Jarlegren named the next President of Autoliv Europe

Stockholm, Sweden, May 30, 2023 – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has appointed Magnus Jarlegren, currently Executive Vice President, Operations, as the next President Autoliv Europe effective June 1, 2023. Magnus Jarlegren succeeds Frithjof Oldorff who will leave Autoliv to pursue new opportunities. Magnus Jarlegren brings… Continue reading Magnus Jarlegren named the next President of Autoliv Europe

Petra Albuschus named as next Executive Vice President, Human Resources and Sustainability for Autoliv

(Stockholm, Sweden, May 24, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces that Petra Albuschus will join the company as Executive Vice President, Human Resources and Sustainability and will become a member of the Autoliv Executive Management Team. She will succeed Per Ericson who will retire.… Continue reading Petra Albuschus named as next Executive Vice President, Human Resources and Sustainability for Autoliv

Autoliv and NIO to develop safety technology for future electric vehicles

(Shanghai, China, May 19, 2023) – Autoliv China, a subsidiary of the worldwide leader in automotive safety systems, Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), and NIO Inc., a leading electric vehicle company based in China, have signed a strategic cooperation framework agreement. The collaboration includes several new safety technologies for electric vehicles with an… Continue reading Autoliv and NIO to develop safety technology for future electric vehicles

Autoliv Announces Results of 2023 Annual Stockholders Meeting

(Stockholm, Sweden, May 11, 2023) – Autoliv, Inc., (NYSE: ALV and SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced the results of its annual general meeting of stockholders held on May 11, 2023. Annual General Meeting of Stockholders The Company’s 2023 Annual General Meeting of Stockholders (AGM) voted for approval of the… Continue reading Autoliv Announces Results of 2023 Annual Stockholders Meeting

Autoliv Declares Quarterly Dividend

(Auburn Hills, Michigan, USA, May 10, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIV.sdb), the worldwide leader in automotive safety systems, today announced that its Board of Directors has declared a quarterly dividend of 66 cents for the second quarter of 2023. The dividend will be payable on Tuesday, June 13, 2023 to Autoliv shareholders… Continue reading Autoliv Declares Quarterly Dividend

Autoliv presents new safety innovations at Auto Shanghai 2023

(Shanghai, China, May 2, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, presented several new safety solutions at the Shanghai Automobile Industry Exhibition 2023. The new safety solutions include an integrated cockpit, a zero-gravity seat, and the Star steering wheel. The new products are designed to provide… Continue reading Autoliv presents new safety innovations at Auto Shanghai 2023

Financial Report January – March 2023

Stockholm, Sweden, April 21, 2023(NYSE: ALV and SSE: ALIV.sdb) Q1 2023: Strong sales growth Financial highlights Q1 2023$2,493 million net sales17% net sales increase21% organic sales increase*5.1% operating margin5.3% adjusted operating margin*$0.86 EPS – 9% decrease$0.90 adjusted EPS* – 99% increase  Full year 2023 indicationsAround 15% organic sales growthAround 1% negative FX effect on net… Continue reading Financial Report January – March 2023

Autoliv expands to Vietnam and invests in new airbag cushion plant

(Stockholm, Sweden, April 20, 2023) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced its plan to build a new state of the art airbag cushion and fabric plant in Vietnam, serving Asia. The investment in the new textile facility is in response to customer demands and… Continue reading Autoliv expands to Vietnam and invests in new airbag cushion plant