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Autoliv starts in-house textile cushions operation

10
Jun '10
Autoliv, Inc, the global leader in automotive safety systems has started an in-house textile cushions operation in its airbag module facility in Jiading, Shanghai.

“We needed to secure reliable supply to support our business in the booming Chinese market”, explained the Autoliv CEO Jan Carlson and added:

“By making a significant portion of textile cushions in our own plant and not relying on external suppliers, we will take even more advantage of the favourable cost structure in China to remain cost competitive in this important market”.

The new operations will have capacity to produce 4.5 million airbag cushions, when fully utilized, and 450 employees. The floor space is 3,000 square meters.

Autoliv has nine plants in China and is the leading automotive safety system supplier in China, both to the global vehicle manufacturers in the country and to the domestic Chinese vehicle manufacturers. Recently, Autoliv opened a test facility that can crash test complete cars to support its customers in China.

Last year, Autoliv's sales in China grew 67% and are this year expected to grow by 50% to exceed US $700 million. Chinese light vehicle production is expected to grow by 20%.

Autoliv Inc., the worldwide leader in automotive safety systems, develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has 80 facilities with approximately 40,000 employees in 29 countries. In addition, the Company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2010 are expected to amount to US $6.6 billion. The Company's shares are listed on the New York Stock Exchange and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm.

Autoliv Inc


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