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Autoliv

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Autoliv, Inc.
Company typePublic company
ISIN
IndustryAutomotive safety
Founded1997;27 years ago(1997)
HeadquartersKlarabergsviadukten 70,Stockholm,Sweden
Area served
Worldwide
Key people
Jan Carlson (Chairman), Mikael Bratt (President andCEO)
ProductsSeatbelts,Airbags,Steering Wheels,Pedestrian Protection Systems, Mobility Safety Solutions
RevenueDecreaseUS$7.45 billion(2020)[1]
DecreaseUS$382 million (2020)[2]
DecreaseUS$187 million(2020)[3]
Number of employees
68,000 (worldwide)
Websitewww.autoliv.com

Autoliv, Inc.is an American, Swedish-headquartered[4]automotive safetysupplier with sales to all leading car manufacturers worldwide. Together with its joint ventures, Autoliv has over 68,000 employees in 27 countries, of whom 5700 are involved inresearch, development and engineering.In addition, the company has 14 technical centers around the world, including 20 test tracks, more than any other automotive safety supplier.

The group is among the largest Tier 1 automotive suppliers in the world, with annualrevenuesexceeding US$8 billion, and is part of theFortune 500,ranking #289 in 2018.[5]

Autoliv is headquartered inStockholm,Sweden.In the United States, Autoliv, Inc. is incorporated inDelaware,USA. The company's shares are listed on theNew York Stock Exchangeand its Swedish Depository Receipts on theNasdaq Stockholm.[6][7]

History[edit]

Autoliv was founded inVårgårda,Sweden in the form of Auto Service AB in 1953 by Lennart Lindblad. In 1956, the company became a pioneer inseat belttechnology when it began production of two-point seat belts. The name of the company was changed to Autoliv AB in 1968. It was bought in 1974 by Granges Weda AB, inventors of the retractable seat belt. Granges Weda was acquired in turn in 1989 by Electrolux and changed its name to Electrolux Autoliv AB. During the 1980s and 1990s, the company grew through acquisitions, mainly in Europe. Between 1994 and 1997 the company was listed on theStockholm Stock Exchangeunder the name of Autoliv AB and in 1997 it merged with the American firmMorton ASPInc to form Autoliv Inc. In June 2018, the company spun off its Electronics business into a separate companyVeoneer Inc.[8]

In November 2019, Autoliv selected Fredrik Westin as Chief Financial Officer and Executive Vice President, succeeding Interim CFO Christian Hanke.[9]

Products[edit]

The company develops, manufactures and markets safety systems (estimated market share of approximately 42% in 2020) such as airbags, seatbelts, steering wheels, and passive safety electronics. It also produces pedestrian protection systems.

See also[edit]

References[edit]

  1. ^"Investors".
  2. ^"Investors".
  3. ^"Investors".
  4. ^"Autoliv | 2021 Fortune 500".
  5. ^"Autoliv".Fortune.Archived fromthe originalon 2019-05-05.Retrieved2018-11-27.
  6. ^"Autoliv, Inc. Common Stock (ALV)".NASDAQ.com.Retrieved2017-10-31.
  7. ^"ALIV SDB, Autoliv SDB, (SE0000382335)".Nasdaq.2019-03-28.Archivedfrom the original on 2024-01-14.Retrieved2024-01-14.
  8. ^"Veoneer spin-off".Archived fromthe originalon 2021-12-23.Retrieved2019-02-20.
  9. ^"Autoliv announces appointment of new CFO | Automotive World".www.automotiveworld.com.26 November 2019.Retrieved2020-04-17.

External links[edit]

  • Official website
  • Business data for Autoliv:
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