Autoliv recognized by General Motors as a 2016 Supplier of the Year Winner
(Stockholm, Sweden, April 5, 2017) – – – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, was honored with a 2016 General Motors Supplier of the Year award for its Sensing Diagnostic Module.
GM recognized 118 of its best suppliers from 15 countries that have consistently exceeded GM’s expectations, created outstanding value or brought new innovations to the company. This is the sixth time Autoliv has received the award.
“We are focused on building positive supplier relationships, bringing new, customer-centric innovations to GM and being the OEM of choice among suppliers,” said Steve Kiefer, GM Vice President, Global Purchasing and Supply Chain. “The companies we recognize not only have brought innovation, they delivered it with the quality our customers deserve.”
Autoliv was honored for its Sensing and Diagnostic Modules used to control the vehicle passive safety restraints system by sensing impact events. Proprietary algorithms deploy the appropriate vehicle restraint devices to protect the occupants. “We are honored and delighted for being recognized by GM. Our success is built on our passion for saving lives and our relentless focus on delivering robust, high quality solutions at the technological forefront,” said Art Blanchford, Autoliv VP Sales and Marketing Electronics, who accepted the prize on behalf of Autoliv at General Motors’ 25th annual Supplier of the Year awards ceremony on March 31st, 2017, in Orlando, Florida.
Winning suppliers were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives and selected based on performance criteria in Product Purchasing, Indirect Purchasing, Customer Care and Aftersales, and Logistics.
In 2016, General Motors accounted for 10% of Autoliv’s sales. Annually, approximately 4 million GM vehicles are equipped with the awarded Sensing Diagnostic Module.
Cathrine Stjärnekull, Director Corporate Communications, Tel: +46 8 58 72 06 81
Autoliv, Inc. is the worldwide leader in automotive safety systems, and through its subsidiaries develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has more than 80 facilities with 70,000 employees in 27 countries. In addition, the Company has 22 technical centers in ten countries around the world, with 19 test tracks, more than any other automotive safety supplier. Sales in 2016 amounted to about US $10.1 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com.
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