AutolivAutoliv targets revenue gains of 5% on China, U.S. demandMay 14, 2013 10:19 CET Swedish supplier Autoliv is targeting annual revenue growth of 5 percent or more in the next five years based on an increase in Chinese and U.S. car sales.... Read More »
Autoliv sticks to 2013 profit goal after robust Q1 earningsApril 26, 2013 14:11 CET Swedish supplier Autoliv stuck to its core 2013 profit goal after China sales helped offset a European downturn in the first quarter and pretax profit at the company rose to $170 million from $141 million compared with the year before.... Read More »
SUPPLIERS Autoliv seeks acquisitions to expand in high-tech car safetyMarch 27, 2013 13:54 CET Swedish supplier Autoliv says it is keen to expand its car-safety business through the acquisition of high-tech active technology that help vehicles avoid accidents.... Read More »
Autoliv says weak European car market will dent first-quarter salesJan. 31, 2013 13:19 CET Autoliv said its sales in the first quarter of 2013 were likely to fall 4 percent due to weak European car markets.... Read More »
Autoliv to build airbag component plant in U.S.Dec. 11, 2012 06:01 CET Swedish supplier Autoliv will spend $13 million to build a plant in Promontory, Utah, to produce gas propellant for airbags. The company also is spending $5 million to build production lines in its plant in Tremonton, Utah, which produces airbag initiators. The new lines eventually will add up to 30 percent more production capacity.... Read More »
Autoliv to build airbag component plant in Utah 12:01 am U.S. ET | Dec. 11, 2012 Autoliv Inc. will spend $13 million build a plant in Promontory, Utah, to produce gas propellant for airbags. The company also is spending $5 million to build production lines in its plant in Tremonton, Utah, which produces airbag initiators. The new lines eventually will add up to 30 percent more production capacity.... Read More »
FROM THE CURRENT ANE PRINT ISSUE Turkey counts on autos to drive economic growthNov. 19, 2012 06:01 CET Turkey's auto industry is one of the great growth stories of the past decade. The nation's government aims to triple vehicle production over the next decade. The plan is to make the nation one of the world's 10 largest economies by 2023, the 100th anniversary of the Turkish Republic.... Read More »
Autoliv shaves outlook due to Europe's weak car market 10:57 am U.S. ET | Oct. 23, 2012 Car safety equipment maker Autoliv trimmed its profit and sales forecasts today after a bigger-than-expected drop in third quarter earnings that showed the impact of Europe's weak car market and a slowdown in China.... Read More »
S&P sees U.S. suppliers’ growth slowing 11:11 am U.S. ET | Sept. 26, 2012 Standard & Poor’s expects earnings growth to slow at U.S. auto suppliers the rest of the year and into 2013, but most should not suffer credit quality downgrades because of it. The lag in earnings will be caused by overseas business risks, the ratings agency said.... Read More »
Europe troubles seen putting 500,000 auto jobs at riskAug. 2, 2012 08:34 CET Efforts by PSA and Fiat to end losses in Europe could cost more than 500,000 people their jobs as automakers and parts suppliers grapple with the effects of the European sovereign debt crisis. The region's auto industry is set to pare payrolls as auto demand contracts for the fifth straight year.... Read More »
AUTOMOTIVE NEWS EUROPE CONGRESS AND RISING STARS Talks and tributes 12:01 am U.S. ET | July 2, 2012 Automotive News Europe honored its 2012 Rising Stars during a gala dinner at the Monte Carlo Sporting Club in Monaco on June 20. The second annual Rising Stars awards recognized young, talented auto leaders in Europe who have driven change, fostered innovation and made courageous decisions.... Read More »
2012 AUTOMOTIVE NEWS EUROPE CONGRESS Autoliv develops automatic in-car breathalyzerJune 25, 2012 14:55 CET Automotive safety specialist Autoliv is developing an alcohol breath sensor that will operate automatically when the driver gets in the car, the company announced.... Read More »
2012 AUTOMOTIVE NEWS EUROPE CONGRESS BMW, Renault, Autoliv named 2012 L.E.A.D.E.R.S. for innovationJune 19, 2012 06:01 CET BMW, Renault and Autoliv have been chosen as the 2012 winners of the third annual Automotive News Europe/Automotive Intelligence Center L.E.A.D.E.R. awards. L.E.A.D.E.R. stands for Leaders in European Automotive Development, Excellence, and Research. The awards recognize one top achievement for innovation in product development and environmental technology, supplier technology and retailing.... Read More »
Autoliv agrees to guilty plea in price-fix probe 12:01 am U.S. ET | June 11, 2012 An expanding global price-fixing investigation of auto suppliers has ensnared a European seat-belt manufacturer and revealed the identity of at least one automaker victim: Honda Motor Co.... Read More »
Autoliv to plead guilty as U.S. price-fixing probe expands to safety suppliers 10:20 am U.S. ET | June 6, 2012 Swedish supplier Autoliv has agreed to plead guilty in a widening auto parts price-fixing investigation, the federal Department of Justice announced today. Autoliv also has agreed to pay a $14.5 million fine for allegedly conspiring to fix prices of seat belts, airbags and steering wheels installed in cars for one automaker, and allegedly conspiring to fix seat belt prices for another automaker, the department's antitrust division said.... Read More »
Autoliv to plead guilty as U.S. price-fixing probe expands to safety suppliersJune 6, 2012 16:20 CET Swedish supplier Autoliv has agreed to plead guilty in a widening auto parts price-fixing investigation, the federal Department of Justice. Autoliv also has agreed to pay a $14.5 million fine for allegedly conspiring to fix prices of seat belts, airbags and steering wheels installed in cars for one automaker, and allegedly conspiring to fix seat belt prices for another automaker, the department's antitrust division said.... Read More »
Q&A: STEVE FREDIN Autoliv exec: Small cars need smarter airbags and seat belts 12:01 am U.S. ET | May 21, 2012 Airbags and seat belts -- mature products for suppliers -- are getting a fresh look from automakers that are trying to secure five-star crash ratings for small cars. For example, automakers are equipping small cars with knee bolsters and even "pre-pre-tensioners" for seat belts to compensate for the vehicles' smaller "crush zones," says Steve Fredin, 50, president of Autoliv Americas.... Read More »
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