Autoliv, Inc., through its subsidiaries, operates as a developer, manufacturer, and supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems to the automotive industry. The company’s two principal subsidiaries include Autoliv AB and Autoliv ASP, Inc. Segments The company’s segments include Passive Safety and Electronics. Passive Safety includes airbag and seatbelt products and components. Passive safety systems are primarily meant to improve vehicle safety, and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems passive safety electronic products, such as restraint electronics and crash sensors. Active safety systems are designed to make driving easier and more comfortable and to intervene before a collision to make accidents avoidable or reduce the impact. Active safety products include camera-based vision systems, night driving assist, automotive radars, brake controls, positioning systems, electronic control units, and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors. Electronics combines all of the company’s electronics resources and expertise in both passive safety electronics and active safety. Markets The company’s geographical regions are Europe, the Americas, China, Japan and the Rest of Asia. Research, Development and Engineering The company’s expenses incurred for research, development and engineering activities, net were $524 million for the year ended December 31, 2015. Customers The company’s customers include General Motors; Ford; Renault/Nissan; Volkswagen; Toyota; BMW; Daimler; Volvo; Hyundai/Kia (HKMC); Honda; Fiat/Chrysler, PSA; and Great Wall Motors. Significant Events In April 2016, Autoliv, Inc., on March 31, 2016 finalized its joint venture with Nissin Kogyo to form Autoliv-Nissin Brake Systems (ANBS). Competitors In passive safety, the company’s major competitors are Takata and ZF-TRW. Other passive safety system competitors include Hong-Kong private equity owned KSS, Nihon Plast and Ashimori of Japan, Jinheng of China, Samsong in South Korea and Chris in South America. In the Electronics market, the company’s competitors include Continental, Bosch, Denso, TRW, Delphi, Mobis and Hella. Mobileye is both supplier and competitor to the company. History Autoliv, Inc., a Delaware corporation, was founded in 1953.
autoliv inc (ALV:New York)
Stockholm, 111 20
Phone: 46 8 58 72 06 00
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