Autoliv Starts Airbag Production in China
Autoliv Starts Airbag Production in China (Stockholm, Sweden, June 27, 2002) - Autoliv, the worldwide leader in automotive safety systems, has commenced airbag production in Shanghai, establishing itself as the first producer of airbags in China. The company will supply driver and passenger airbag modules to several vehicle assembly plants such as Shanghai General Motors (SGM), Dongfeng Citroen Automotive Corporation (DCAC) and Shanghai Volkswagen (SVW). Deliveries for further contracts are due to commence during the next two years. This additional business will require a significant