Autoliv Named a Top-performing Supplier for Ford
(Stockholm, June 14, 2012) --- Autoliv, Inc. (NYSE:ALV and SSE:ALIVsdb), the worldwide leader in automotive safety, today announced that its airbag plant in Spain was presented the Ford World Excellence Award during the automaker’s annual supplier event. Autoliv was one of just 12 suppliers to achieve the “gold” distinction for demonstrating superior quality, delivery and cost performance.
Ford president and CEO Alan Mulally thanked all of Ford’s suppliers for continuing to embrace the ONE Ford mindset while Tony Brown, Ford’s group vice president, Global Purchasing, recognized the hard work and dedication of suppliers such as Autoliv. “In 2011, our suppliers stepped up to the challenge of building vehicles that improve commonality and efficiency in more ways than ever before, and we are grateful for their unwavering commitment”, said Brown.
Accepting the award for Autoliv, Stefan Krönung, Global Vice President, Ford Business Unit, acknowledged Autoliv’s strong emphasis on customer-centered performance. “Ford is a highly valued customer,” said Krönung. “This award represents the collective efforts of a talented, dedicated team of Autoliv employees committed to supporting Ford as a partner in delivering excellence.”
This is Autoliv’s eleventh award from customers for its performance achievements during 2011. In addition to this award from Ford, the Company has been recognized by BMW, Daimler, Toyota, Subaru, Great Wall, First Automotive Works and Volkswagen of China. For a complete list of the 2011 customer accomplishments please visit our corporate website at www.autoliv.com.
Inquiries:
Stefan Kroenung, VP Global Ford Business, Autoliv Inc., Tel. +1 - 248 475 0422
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 more than 80 facilities with nearly 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 2011 grew by 15% to US $8.2 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.