Autoliv Adds Another Asian Airbag Plant

(Stockholm – May 8, 2013)  – – –  To support the rapid growth in vehicle production and airbag fitment rates in Asia, Autoliv Inc. – the global leader in automotive safety systems – has begun the construction of an airbag manufacturing plant in Chonburi, 70 km East of Bangkok.

The new facility will be located adjacent to Autoliv’s current airbag facility in Thailand and will be set up as a campus concept with shared resources. The new facility will be 4,800sqm. The launch of the new facility is planned for September 2013. Investment in this plant is US $3 million.

Forecasted airbag module volume in 2013 is 1.5 million units with volume expected to increase to 3.5 million units by 2015. This represents a 10% increase in Autoliv’s Asian airbag manufacturing capacity of 32 million in 2012.

Autoliv expects further increase in airbag fitment rates as the new ASEAN NCAP program takes effect in the coming years.

Inquiries:

Colin Naughton, President Autoliv Thailand                                                                   Tel + 66 38 456099

Thomas Jönsson, Vice President, Corporate Communications                                   Tel + 46 8 587 20 614

About Autoliv
Autoliv Inc., the worldwide leader in automotive safety systems, develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has approximately 80 facilities with more than 50,000 employees in 29 countries. In addition, the Company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2012 amounted to US $8.3 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com.