Autoliv
Industry: Automotive/Transportation/Auto Parts/Services
Autoliv Inc. was started in 1997 as a merger of Europe's leading automotive safety company, Autoliv AB of Sweden, and Morton ASP (Automotive Safety Products), the leading airbag manufacturer in North America and Asia. Autoliv AB pioneered seat belt technology in 1956, while Morton ASP had been a leader in airbag development and was involved in the launch in 1980 of the first airbag system that became a commercial success. In 1992 Autoliv began manufacturing textile cushions for driver airbags using its new one-piece-weaving (OPW) technology. This patented technology has turned out to be instrumental for the Inflatable Curtain, which was introduced in 1998.
Business Summary
Autoliv, Inc. operates as a holding company that supplies automotive safety systems to the automotive manufacturers worldwide. The company, through Autoliv AB, develops, manufactures, and supplies car occupant restraint systems to the automotive industry. In addition, Autoliv, through Autoliv ASP, Inc., designs, develops, and manufactures airbag inflators, modules and airbag cushions, seat belts, and steering wheels. The company sells inflators and modules for use in driver, passenger, side-impact, and knee bolster airbag systems for automotive markets worldwide. Autoliv is headquartered in Stockholm, Sweden.
Financial Summary
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