Welcome to our dedicated page for Autoliv news (Ticker: ALIV), a resource for investors and traders seeking the latest updates and insights on Autoliv stock.
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.
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