Autoliv and Nissin Kogyo form Autoliv-Nissin Brake Systems
(Stockholm, Sweden, April 1, 2016) – – – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, on March 31, 2016 finalized its joint venture with Nissin Kogyo (TSE: 7230.T) to form Autoliv-Nissin Brake Systems (ANBS). The joint venture is an important milestone in Autoliv’s strategy to be the leader in safety systems for the future car, well integrated with autonomous driving.ANBS combines the current brake control business of Autoliv with a “carve-out” of Nissin Kogyo’s automotive braking business. ANBS joins Nissin Kogyo’s world leading expertise