by Daniel Dickson
Autoliv will supply replacement airbag inflators to be used by Honda Motor Company in the United States, Autoliv said on Wednesday.
Tag Archives: Autoliv
Takata’s airbag crisis causing supplier shift to Autoliv, Daicel
The defect in Takata Corp. airbags linked to four deaths in Honda cars opens the supplier to risk of losing business to rivals including Autoliv and Daicel in a crucial portion of the market for the safety devices.
The market for airbag inflators — the component at the root of deadly defects — is likely to shift away from Takata to suppliers including Autoliv and Daicel, potentially allowing the two suppliers to control more than half the market by 2020 as Takata’s share shrinks, said Scott Upham, an analyst who has followed airbags since they were first going into cars a quarter-century ago.
Autoliv agrees to settle U.S. securities class action
Automotive safety products supplier Autoliv Inc. said it reached an agreement in principle to settle a class action securities lawsuit in the United States.
Autoliv to pay $65 million in U.S. antitrust probe
Autoliv has reached three separate settlements in U.S. antitrust class action lawsuits and expects to incur $65 million in costs in the second quarter, the supplier said today.
Autoliv sees slower growth in Q2 after strong first-quarter earnings
Swedish supplier Autoliv forecast slower sales growth and a flat operating margin in the second quarter after brisk vehicle production lifted its first-quarter earnings above expectations.
