Regulatory News:
Autoliv Inc. (NYSE:ALV) (STO:ALIV) (STO:ALIVSDB), worldwide leader in
automotive safety, today announced it has received two 2008 Ford Motor
Company World Excellence Gold Awards, Ford’s highest recognition for
suppliers. Ford World Excellence Awards are given to suppliers for
helping Ford achieve superior quality, delivery and cost performance, as
well as initiatives that improve customer satisfaction.
Ford Motor Company honored its top suppliers Monday evening at its 11th
World Excellence Awards ceremony. A total of thirty-six suppliers
representing operations in eight countries were recognized in three
categories: Gold, Silver and Recognition of Achievement. In the Gold
category, Autoliv was the only supplier receiving more than one award.
The two Autoliv facilities that were honored by Ford World Excellence
Awards were Autoliv BKI S.A in Spain and Autoliv B.V. Werk Süd in
Germany.
"We are proud to have received not just one but two of these prestigious
awards given by the Ford Motor Company,” said Stefan Krönung, vice
president, Autoliv Ford Global Business. ”It is a testament to the hard
work and dedication of our Ford team as well as our 34,000 global
associates."
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 34,000 employees in 31
countries. In addition, the Company has technical centers in eleven
countries around the world, with 21 test tracks, more than any other
automotive safety supplier. Sales in 2008 amounted to US $6.5 billion.
The Company's shares are listed on the New York Stock Exchange (NYSE:
ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in
Stockholm (ALIVsdb).
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Autoliv Inc.
Stefan Krönung, VP Autoliv Ford Global
Tel +1-248
475 0422
or
Henrik Kaar, Director Corporate Communications
Tel
+46-(8) 587 20 614