Autoliv
 | |
| Publicly traded corporation | |
| Traded as | OMX: ALIV SDB, NYSE: ALV |
| Industry | Automotive safety |
| Founded | 1997 |
| Headquarters | Stockholm, Sweden |
Key people | Jan Carlson (Chairman, President and CEO) |
| Products | Seatbelts, airbags, steering wheels, safety electronics, active safety products |
| Revenue | US $9.24 billion (2014)[1] |
| US $761 million (2013)[1] | |
| Profit | US $649 million (2013)[1] |
| Total assets | US $6.983 billion (end 2013)[1] |
| Total equity | US $4.004 billion (end 2013)[1] |
Number of employees | 59,023 (Q3 2014)[2] |
| Website | www.autoliv.com |
Autoliv is a Swedish-American company with headquarters in Stockholm, Sweden, and Auburn Hills, Michigan that in 1997 sprung from the merger of the Swedish company Autoliv AB and Morton Automotive Safety Products, Inc., a division of the American firm Morton International.
Autoliv develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures Autoliv has over 80 facilities with 60,000 employees in 29 countries. In addition, the company has 18 development and engineering centers in 9 countries around the world, including 20 test tracks, more than any other automotive safety supplier. The company's shares are listed on the New York Stock Exchange and its Swedish Depository Receipts on the OMX Stockholm Stock Exchange. As of December 2015, the company is valued at slightly upwards of 11 billion US Dollars in the NYSE.
Products
Autoliv, Inc., through its subsidiaries, develops, manufactures, and supplies automotive safety systems to the automotive industry worldwide. The Company's range of product offerings includes passive safety systems and active safety systems. Passive safety systems are primarily meant to improve vehicle safety, and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seat belts, steering wheels, passive safety electronics, whiplash protection systems and child seats, and components for such systems. Active safety systems are designed to make driving easier and more comfortable and to intervene before a collision in order to make accidents avoidable or reduce the impact. Active safety products include automotive radars, night driving assist, camera-based vision systems, brake controls and other active safety systems. Since 2014, Autoliv's active safety products have increasingly sought to gain market share in the fast moving sector of automated driving. For this purpose the company has lately escalated efforts to collaborate with and acquire companies with expertise in LiDAR, vision, GPS, and mapping technologies. In 2015, the company announced the acquisition of M/A-COM's automotive equipment business which will expand Autoliv's capabilities in active safety and augment its GPS and Mapping division. The same year, Autoliv commenced the "Drive Me" partnership venture with Volvo to offer semi-autonomous features in vehicles similar to Tesla's AutoPilot.
References
- 1 2 3 4 5 "Annual Results 2014" (PDF). Autoliv. Retrieved 4 December 2014.
- ↑ Financial Report Q3 2014