Autoliv Targets Active Safety Growth
(Stockholm, November 15, 2011) --- The global leader in Automotive Safety, Autoliv Inc, confirms its sales target for active safety products (radars and vision systems) and its market share. The target for 2015 is $500 million with a global market share of approximately 30%.
Using radar or vision technologies to monitor the environment around the vehicle, the active safety system can intervene before a crash by adjusting engine output, steering and braking, in addition to making driving easier and more comfortable. Autoliv has during 2011 made two technology acquisitions and can now offer a full range of active safety products based on radars, vision and night vision sensors.
For additional information, please contact
Mats Ödman, Vice President Corporate Communications +46 8 587 20 623
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 80 facilities with 48,000 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 2010 grew to by 40% to nearly US $7.2 billion. The Company's shares are listed on the New YorkStock 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
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