Autoliv Inc.

Company Profile



Klarabergsviadukten 70, Section B7, SE-111 64, Stockholm, Sweden

Business Overview

-Autoliv is leading automotive supplier which develops and manufactures safety systems for the automotive industry, focusing specifically on passive safety systems. Its products include airbag systems, seatbelts, steering wheels, inflators and pedestrian protection systems and child seats.

-Autoliv was created from a merger in 1997 between the Swedish company Autoliv AB and the American company Morton ASP.

-As of December 2021, its share of the passive safety products market was approximately 43%. By product, the Company’s airbags accounted for about 43% of the market, seatbelts about 44%, and steering wheels about 36%. By region, the Company increased its market shares in the Americas, Europe, China and Japan in FY2021 to 46%, 45%, 36% and 39%, respectively. The company’s sales of products for electrified vehicles (plug-in hybrids and battery electric vehicles) increased by more than 60% to more than USD 1.2 billion.


Business Strategy

-Autoliv had reduced its headcount by 11% in 2021 and its strict cost control would continue into 2022.

-As part of its footprint optimization, Autoliv announced the establishment of a new state-of-the-art production facility in central Japan and the phasing out of two existing plants. The new plant will support the Company in achieving its sustainability goals through efficient operations and reduced delivery miles to its customers.


Growth Targets

-In the three-year period 2022-2024, Autoliv expects to grow organically by around 4% more than light vehicle production (LVP) growth per year, on average. In addition, the Company has also introduced a long-term growth target beyond 2024, where it aims to grow its sales organically by 4-6% per year, over time.


R&D Key Focus Areas

Autonomous Delivery Vehicles
-Autoliv and Nuro, a leading autonomous vehicle company, announced that they are collaborating to ensure a high safety standard for Nuro's new third-generation, production-grade autonomous delivery vehicle. As the most advanced zero-occupant vehicle designed by Nuro to date, the new flagship model features an exterior airbag by Autoliv which covers the front of the vehicle when inflated to protect other road users. (From a press release on February 18, 2022)

Pyrotechnical Safety Switch
-Autoliv and Mersen announced a joint collaboration to develop devices that will help make electric vehicles safer. They will produce disconnect devices that utilizes Autoliv’s proven pyrotechnical safety switch (“Pyroswitch”) technology and Mersen’s fuse hybridization concepts, to create affordable devices that can disconnect up to 1000-volt power source in milliseconds, before dangerous arcing can occur. (From a press release on April 20, 2021)

Carbon Neutrality Goals

-In June 2021, Autoliv became the first automotive safety supplier to commit to becoming carbon neutral in its own operations by 2030 and is aiming for net-zero emissions across its supply chain by 2040.



-Ashimori Industry
-Hyundai Mobis
-Joyson Safety Systems
-Nihon Plast
-Tokai Rika
-Toyoda Gosei
-Chris Cintos de Seguranca


-The Company is listed on the New York Stock Exchange and Stockholm Stock Exchange. (As of Dec. 31, 2021)
Major Shareholders Shareholding (%)
Cevian Capital AB 10.0
AMF Tjänstepension AB 8.0
Alecta Pension Insurance Mutual 7.0
Swedbank Robur Fonder AB 7.0
Nordea Investment Management AB 3.0
Others 65.0
Total 100.0


Airbag systems
-Driver airbags
-Passenger airbags
-Knee airbags
-Anti-sliding airbags
-Side-curtain airbags
-Side airbags
-Rear passenger airbags
-Front center airbags
-Thorax bags
-Head-thorax bags
-Door mounted inflatable curtains
-Pelvis and thorax bags
-Far-side airbags
-Bag-in-belt airbags
-Life cell airbag

Child restraints
-Integrated child booster cushions

-Pyrotechnic airbag inflators
-Stored gas airbag inflators
-Electrical initiators
-Micro gas generators
-Hybrid inflators

Steering wheels
-Fixed-hub steering wheels with optimized airbags
-Steering wheels with electrical motor for vibration
-Steering wheels with heated rim
-Steering wheels with leather or wood trim

Seatbelt systems
-Belt grabbers
-Height adjusters
-Load limiters
-Mechanical pretensioners
-Electronic pretensioners
-Smart belts
-Trunk belts
-Supplemental belts

Pedestrian protection
-Pyrotechnic active hood-lifters
-PPA: Pedestrian Protection Airbag

AWS: Anti-whiplash systems

Additional safety features
-Battery disconnect safety switches
-Pyro safety switches
-Automatic bolt release systems
-Integrated child booster seats


Torricelli brake


1956 Autoliv AB started its seat belt operations.
Oct. 1996 The Company, Autoliv Inc. was started as a merger of Europe's leading automotive safety company, Autoliv AV of Sweden, and Morton ASP (Automotive Safety Products), the leading airbag manufacturer in North America and Asia.
1997 Acquired one of its main suppliers, Marling Industries Plc and its subsidiary Van Oerle Alberton, the world leading producer of seat belt webbing.
1998 Acquired Nokia's 50% interest in Autoliv-Nokia and Nokia's automotive related business.
Acquired Sagem's 50% interest in Sagem-Autoliv, the other joint venture for electronics.
Acquired most of the assets of Sensor Technologies, a Japanese airbag and airbag sensor manufacturer.
Production of steering wheels began in the United States.
Oct. 1999 Purchased a 49.5% interest in the Estonian company Norma AS, the dominant seat belt supplier to the Russian car industry, and received an option to increase its Norma holding to 51%.
1999 New plants were completed in Argentina, Canada, Poland, Turkey and Tunisia.
Construction of a new technical center was completed in Japan.
Jan. 2000 Acquired from Izumi 99% of Japan's second largest steering wheel business.
Apr. 2000 Acquired the North American seat belt operations of NSK with a 40% interest in NSK's Asian seat belt operations.
May. 2000 Acquired OEA, the Company's main supplier of initiators for airbag inflators.
Oct. 2000 Announced that it has completed the sale of its U.S. leadwire business to Tyco Electronics Corporation, a unit of Tyco International Ltd.
Nov. 2000 Established a new venture, Autoliv Mando Corporation, with Mando Corporation, a leading Korean auto parts supplier. The Company holds 65% of the shares.
April 2002 Has acquired the Restraint Electronics Business of Visteon Corporation, a leading full-service supplier to the automotive manufacturers.
Sep. 2002 A new company will be formed as a joint venture between the Company (59%) and Maw Hung Industrial Corporation (41%) in the city of Changchun, China.
Apr. 2003 Has acquired the remaining 17% of the shares in Livbag, Europe's leading producer of inflators and initiators for airbag systems.
Jun 2004 Formed a new joint venture company with Maw Hung Industrial Corp.
Dec 2004 Completed an agreement to purchase the outstanding 40% stake in its Chinese airbag company, Autoliv (Shanghai) Vehicle Safety Systems.
Jul.2006 Acquired another 20% of the shares in Nanjing Honggouang-Autoliv Safety Systems Co., Ltd. (NHA)
Jan. 2007 Agreed to buy the remaining 35% of the shares in Autoliv-Mando in South Korea.
Oct. 2007 Agreed to buy 41% of the shares in its 59% held Chinese company Autoliv (Changchun) Maw Hung Vehicle Safety Systems.
Oct. 2007 Agreed to buy the remaining 50.01% of the shares in its Indian joint venture Autoliv IFB Private Limited.
Jul. 2008 Agreed to acquire the automotive radar sensors business of Tyco Electronics Ltd. for 42 million USD.
Nov.2009 Announced to acquire North American passive safety systems assets from Delphi.
Dec.2009 Announced to acquire assets of Delphi's European airbag and steering wheel operations.
Jan.2010 Agreed to buy the outstanding 40% of shares in its Japanese joint venture Autoliv Nichiyu Co., Ltd.
Jan.2010 Announced to acquire Delphi's Occupant Protection Systems (OPS) operations in Korea and China. Existing customers include Hyundai-Kia, Chery and Tata
Mar.2010 Announced that it has acquired Visteon's radar system business.
Apr. 2010 Acquired Delphi's Pyrotechnic Safety Switch (PSS) assets in Europe.
2011 Acquired license related to long-range radar from AXTYS.
2011 Acquired license related to Vehicle vision system from Hella.
Nov. 2011 Announced to acquire the airbag cushion cut & sewn assets from Milliken, a U.S.-based textile and chemical company.
Jun. 2012 Sold its subsidiary "Autoliv Mekan AB" to "Verktygs Allians i Hassleholm AB", a Sweden-based privately held company.
Aug. 2015 Acquired the Automotive Solutions business of M/A-COM Technology Solutions Holdings, Inc.
Apr. 2016 Finalized joint venture with Nissin Kogyo to form Autoliv-Nissin Brake Systems, a brake control systems manufacturer.
Sep. 2016 Signed final agreement with Volvo Cars to form Zenuity, a joint venture designed to develop ADAS and autonomous driving systems.
Apr. 2017 Began operations at Zenuity, a 50/50 joint venture between the Company and Volvo which develops software solutions for ADAS and autonomous driving systems.
Jul. 2018 Completed spin-off of electronics segment as Veoneer, Inc.

Supplemental Information 1