Share Repurchase and Issued Shares - Autoliv retired 1,309,606 shares of common stock that had been repurchased during the quarter, resulting in a decrease in the issued shares [1] - The total number of issued shares of common stock is now 84,816,615, with 80,079,757 shares outstanding [1] - After the retirement of the repurchased shares, Autoliv holds 4,736,858 shares of common stock in treasury, which have no voting rights or rights to participate in distributions under Delaware law [1] Company Overview - Autoliv is the worldwide leader in automotive safety systems, developing, manufacturing, and marketing protective systems such as airbags, seatbelts, and steering wheels for major automotive manufacturers [2] - The company also provides mobility safety solutions, including pedestrian protection, connected safety services, and safety solutions for riders of powered two-wheelers [2] - In 2023, Autoliv's products saved 35,000 lives and reduced more than 450,000 injuries [2] Operational and Financial Highlights - Autoliv has 70,000 associates in 25 countries and operates 14 technical centers with 20 test tracks [3] - The company's sales in 2023 amounted to $10.5 billion [3] - Autoliv is committed to driving innovation, research, and development to sustainably deliver leading safety solutions [3]

The prospects of the Zacks Automotive - Original Equipment industry are subdued amid a potential slowdown in the vehicle growth rate. High borrowing costs and delays in the Fed rate cut have increased challenges for industry participants closely tied to auto sales. Additionally, rising operational expenses and evolving industry dynamics pose further headwinds. Balancing revenue generation appears to be difficult, with success depending on effective cost-management strategies. However, companies such as Auto ...

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STOCKHOLM, June 21, 2024 /PRNewswire/ -- On World Motorcycle Day, June 21, Autoliv, Inc. (NYSE: ALV) (SSE: ALIV-SDB), the worldwide leader in automotive safety systems, and the UN Road Safety Fund (UNRSF) announced the renewal of their collaboration to enhance motorcycle safety globally. The collaboration supports UN Sustainable Development Goal 3.6 which aims to reduce road traffic fatalities and injuries by 2030, and Autoliv's goal of saving 100,000 lives annually.Motorcycle safety will be the key focus f ...

STOCKHOLM, June 19, 2024 /PRNewswire/ -- Autoliv Inc., plans to publish its Financial Report for the second quarter 2024 on Friday, July 19, 2024 at 12:00 Central European Time (CET).The report will be available at www.autoliv.com  In addition, a teleconference will take place the same day. Q2 2024 Earnings Call: Date: July 19, 2024 Time: 14:00 – 15:00 CET Main speaker: Mikael Bratt, President & CEO Best regards,Anders TrappV.P. Investor Relations Email:[email protected] Phone: +46 (0)8 587 206 71This infor ...

STOCKHOLM, June 18, 2024 /PRNewswire/ -- Autoliv, (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety solutions, continues its journey to a sustainable future by introducing airbag cushions made of 100% recycled polyester which significantly reduce the greenhouse gas (GHG) footprint of airbags. In collaboration with key supply chain partners, Autoliv has developed yarns, fabrics, and cushions made from 100% recycled polyester for use in airbag production. The completed testing of the new m ...

STOCKHOLM, June 18, 2024 /PRNewswire/ -- Autoliv, (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety solutions, continues its journey to a sustainable future by introducing airbag cushions made of 100% recycled polyester which significantly reduce the greenhouse gas (GHG) footprint of airbags.In collaboration with key supply chain partners, Autoliv has developed yarns, fabrics, and cushions made from 100% recycled polyester for use in airbag production. The completed testing of the new ma ...

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STOCKHOLM, June 4, 2024 /PRNewswire/ -- Autoliv China, a division of Autoliv, Inc. (NYSE: ALV) (SSE: ALIV-SDB), the worldwide leader in automotive safety systems, and XPENG AEROHT, Asia's leading flying car innovator, have signed a strategic cooperation agreement to pioneer safety solutions for future mobility.Flying cars have long been a vision, but thanks to advanced technology, significant progress has been made within the field. Based on a shared commitment to future mobility safety, Autoliv and XPENG A ...