Autoliv Expands in China Extends its assembly plant in Southern China
(Stockholm, April 13, 2011) --- Autoliv Inc. (NYSE: ALV and SSE: ALIV) – the worldwide leader in automotive safety systems – has started an extension of its airbag and seatbelt assembly plant in Guangzhou in Southern China. The extension will increase the floor space by nearly 70%, both for booked new business and future sales growth. The cost for the new building amounts to slightly less than $4 million.The existing Autoliv plant in Southern China was brought into operations three years ago, replacing a leased plant that was started in 2005. Now the Guangzhou plant has 800 employees, which