Autoliv accelerates structural cost reductions; reiterates its full year 2023 indications
(Stockholm, Sweden, June 8, 2023) - Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, announces it is accelerating its global structural cost reductions, particularly within its European operations. These actions support Autoliv’s medium- and long-term financial targets and the company reiterates its full year 2023 indications.Autoliv continues to actively address its cost base to accelerate its journey towards its medium-term targets. Adjusting geographic footprint and headcount The accelerated structural cost reduction initiatives include