Autoliv withdraws 2020 guidance and cancels its dividend until COVID-19 pandemic effects can be better assessed
Autoliv is well-positioned to navigate auto industry downturn (Stockholm, Sweden, April 2, 2020) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today announces additional actions to manage the auto industry downturn caused by the COVID-19 pandemic. Since Autoliv’s March 19[th] press release, additional actions include: · Withdrawing the full year 2020 guidance until the effects of the COVID-19 pandemic can be better assessed; · Cancelling the dividend scheduled for June 4, 2020 and suspending future dividends although the Board of