Autoliv adapts to new business conditions and reiterates full-year indications
(Stockholm, Sweden, June 20, 2022) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, is adapting to new business conditions and is beginning to see results from its price increase negotiations with customers to offset inflationary pressures.Market and business update Year-to-date, global LVP has been limited by supply side issues and COVID-19 related lockdowns in China, rather than by underlying market demand issues. The lockdowns in China have affected the LVP more negatively than expected. This led to more than 40% year-over-year Chinese