Autoliv
 | |
| Publicly traded corporation | |
| Traded as | Nasdaq Stockholm: 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 $9.17 billion (2015)[1] |
| US $727 million (2015)[1] | |
| Profit | US $457 million (2015)[1] |
| Total assets | US $7.526 billion (end 2015)[1] |
| Total equity | US $3.456 billion (end 2015)[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 is the world's largest airbag manufacturer with 41% of the global market share in 2015.[3] Aside from airbags, Autoliv develops and manufactures numerous systems in both the passive safety sector and the active safety sector for the automotive industry worldwide. Passive safety systems are primarily meant to improve vehicle safety. Such systems offered by Autoliv 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. Active safety systems are designed to make driving safer and more comfortable. Their objective is to intervene before an imminent accident in order to avoid it completely or reduce its impact. Active safety products in Autoliv's portfolio include automotive radars, night driving assist, camera-based vision systems, brake controls and other active safety systems. Autoliv's radar sensors were notably used by Uber in their self-driving taxi pilot project in Pittsburgh, Pennsylvania.
Autonomous driving
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.[4] The same year, Autoliv commenced the "Drive Me" partnership venture with Volvo to offer semi-autonomous features in vehicles in Gothenburg, Sweden.[5] In September 2016, Autoliv and Volvo announced the creation of a joint new company for autonomous driving.[6] The company, unnamed as of October 2016, will develop systems for use in Volvo vehicles and for sale exclusively by Autoliv.
References
- 1 2 3 4 5 "Annual Results 2015" (PDF). Autoliv. Retrieved 4 December 2015.
- ↑ Financial Report Q3 2014
- ↑ "The Company That Came Out on Top After Takata's Air Bag Mess".
- ↑ "Autoliv Completes Acquisition of MACOM Automotive Solutions Business".
- ↑ "Autoliv Joins the Drive Me Project".
- ↑ "Volvo Cars and Autoliv to create joint venture for autonomous driving".