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Autoliv Inc. (NYSE: ALV; Nasdaq Stockholm: ALIV.sdb) is the global leader in automotive safety systems, dedicated to protecting lives with state-of-the-art safety technologies. Headquartered in Stockholm, Sweden, and incorporated in Delaware, USA, Autoliv develops, manufactures, and markets a wide range of automotive safety products including airbags, seatbelts, steering wheels, and advanced safety systems such as radar, night vision, and camera vision systems.
With a workforce of over 70,000 associates spread across more than 27 countries, Autoliv operates 14 technical centers and 20 test tracks, driving innovation and setting new standards in automotive safety. The company holds a prominent market share globally, with approximately 37% in passive safety and 20-25% in active safety segments.
In recent years, Autoliv has focused on several strategic advancements and collaborations. Notable among its recent projects is a strategic partnership with XPENG AEROHT, a leading innovator in flying cars in Asia, to pioneer safety solutions for future mobility. This collaboration underscores Autoliv's commitment to exploring new frontiers in vehicle safety.
Financially, Autoliv reported sales of $10.5 billion in 2023. The company continues to optimize its global footprint and streamline operations to enhance its competitive position. This includes workforce reductions and the relocation of manufacturing facilities to adapt to market demands and ensure long-term sustainability.
Autoliv's commitment to product excellence and innovation enables it to save lives and reduce injuries on the road. In 2022 alone, Autoliv's products were credited with saving close to 35,000 lives and preventing 450,000 injuries.
For more detailed information on Autoliv’s latest achievements, developments, and financial updates, visit their official website at www.autoliv.com.
Autoliv (NYSE: ALV), the global leader in automotive safety systems, has announced a reduction in its total number of issued shares. As of September 30, 2024, the company's issued shares of common stock stand at 83,487,293, with 78,750,609 shares outstanding. This change resulted from the retirement of 1,329,322 repurchased shares during the quarter.
Autoliv now holds 4,736,684 shares of common stock in treasury, which have no voting rights or rights to participate in distributions under Delaware law. Each outstanding share of common stock is entitled to one vote. This information was disclosed in compliance with the Swedish Financial Instruments Trading Act.
Autoliv, Inc. (NYSE: ALV), the global leader in automotive safety systems, has appointed Fabien Dumont as Executive Vice President & Chief Technology Officer. Dumont, who has been with Autoliv since 1998, previously served as Vice President Engineering in Autoliv China. He has played a important role in developing innovations for the fast-moving Chinese market, including leading the design and technological transformation of the steering wheel business in China.
Dumont will continue to be based in China, bringing valuable knowledge from this rapidly developing market to the rest of Autoliv. He succeeds Jordi Lombarte, who will continue as Senior Technical Advisor. This strategic move aims to leverage China's growing importance as an innovation and growth hub for the global automotive industry, where technology development is intense and product timelines are faster.
Autoliv, Inc. (NYSE: ALV), the global leader in automotive safety systems, has appointed Adriana Karaboutis as a new independent director to its Board, effective September 16, 2024. This expands the Board from eleven to twelve members. Ms. Karaboutis brings extensive experience from her roles at National Grid PLC, Biogen Inc., Dell, Inc., General Motors, and Ford Motor Company. She has expertise in technology, business solutions, and corporate affairs.
Jan Carlson, Chairman of Autoliv's Board, welcomed Ms. Karaboutis, noting her industry experience and public company leadership as valuable additions during a dynamic time for Autoliv and the automotive industry. Ms. Karaboutis' term will expire at the 2025 Annual General Meeting of Stockholders, coinciding with the expected retirement of Mr. Hasse Johansson.
Autoliv Inc. (NYSE: ALV, SSE: ALIV.sdb), the global leader in automotive safety systems, has declared a quarterly dividend of 68 cents for Q3 2024. The dividend will be paid on September 23, 2024 to NYSE-listed common stock holders and September 24, 2024 to Nasdaq Stockholm-listed SDR holders. The record date is set for September 4, 2024. Autoliv, with a market presence in 25 countries, reported sales of $10.5 billion in 2023 and claims to have saved nearly 35,000 lives and reduced over 450,000 injuries with their products that year. The company focuses on developing and manufacturing automotive safety systems and mobility safety solutions.
Autoliv (NYSE: ALV), a global leader in automotive safety systems, announced that as of June 28, 2024, the total number of issued shares decreased to 84,816,615, with 80,079,757 shares outstanding. This reduction follows the retirement of 1,309,606 repurchased shares. Autoliv now holds 4,736,858 treasury shares, which carry no voting or distribution rights under Delaware law. The company, which reported $10.5 billion in sales for 2023, emphasizes its commitment to mobility safety, having saved 35,000 lives and reduced 450,000 injuries last year.
Autoliv (NYSE: ALV), a global leader in automotive safety solutions, has introduced airbag cushions made from 100% recycled polyester. The new material reduces greenhouse gas emissions by about 50% at the polymer level.
This initiative aligns with Autoliv's goal to achieve net-zero emissions across its supply chain by 2040. The company has collaborated with key supply chain partners to develop and test the recycled polyester, ensuring it meets safety standards. The technology is now available for global customers, marking a significant step toward sustainability.
Chief Technology Officer Jordi Lombarte emphasized Autoliv's commitment to climate action and circularity.
Autoliv, a global leader in automotive safety systems, has partnered with XPENG AEROHT, Asia's leading flying car innovator, to develop safety solutions for flying cars. This strategic agreement aims to combine Autoliv's expertise in safety with XPENG AEROHT's advanced flying car technology. The collaboration seeks to pioneer innovative safety measures, ensuring the highest safety standards for future mobility solutions.
Both companies are committed to revolutionizing the flying car industry, with Autoliv's President, Sng Yih, emphasizing the potential of this partnership to make flying cars a reality. XPENG AEROHT's President, Deli Zhao, highlighted that the collaboration represents a significant upgrade to their supply chain and aims to create the safest electric flying car for users.
The partnership underscores the companies' dedication to leveraging innovation and collaboration to capture new mobility opportunities and set high safety standards for the emerging flying car market.
Autoliv, Inc. announced the results of its 2024 Annual General Meeting of Stockholders, including the election of directors, approval of executive compensation, and appointment of an auditing firm. The company is a global leader in automotive safety systems, saving lives and reducing injuries through its products and solutions.
Autoliv, Inc. (NYSE: ALV) declared a quarterly dividend of 68 cents for the second quarter of 2024. The dividend will be payable to holders of record on May 23, with different payment dates for stockholders on NYSE and Nasdaq Stockholm. Autoliv is a global leader in automotive safety systems, focusing on saving lives through innovative safety solutions.
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