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Autoliv Inc (ALV.N)

ALV.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Autoliv declares dividend of 60 cents/share for Q1 2018​
Tuesday, 12 Dec 2017 03:00am EST 

Dec 12 (Reuters) - Autoliv Inc , ALIVsdb.ST::AUTOLIV DECLARES DIVIDEND AND SETS DATE FOR SHAREHOLDER AGM.SAYS ‍TODAY DECLARED A QUARTERLY DIVIDEND OF 60 CENTS PER SHARE FOR Q1 2018​.  Full Article

Autoliv decides on spin-off of Electronics business, expects Q3 listing
Tuesday, 12 Dec 2017 02:30am EST 

Dec 12 (Reuters) - Autoliv Inc ::AUTOLIV CONCLUDES STRATEGIC REVIEW AND PREPARES FOR SPIN-OFF OF ITS ELECTRONICS SEGMENT.SAYS ‍DECIDED TO PREPARE FOR A SPIN-OFF OF ITS ELECTRONICS BUSINESS SEGMENT, CREATING A NEW, INDEPENDENT PUBLICLY TRADED COMPANY DURING Q3 OF 2018​.SAYS ‍AS PART OF PREPARATION FOR SPIN-OFF, ELECTRONICS BUSINESS IS EXPECTED TO RECEIVE A CASH INJECTION FROM AUTOLIV, WITH UNDERLYING OBJECTIVE OF AUTOLIV TO REMAIN STRONG INVESTMENT GRADE​.SAYS ‍INTENT IS FOR SPIN-OFF TO BE TAX FREE TO STOCKHOLDERS BOTH IN US AND SWEDEN​.SAYS ‍ELECTRONICS BUSINESS WILL ASSUME A NEW COMPANY NAME TO BE ANNOUNCED AT A LATER STAGE.​.SAYS ‍IT IS ALSO EXPECTED TO BE LISTED IN UNITED STATES AND SWEDEN​.SAYS ‍BOTH COMPANIES ARE TO BE HEADQUARTERED IN STOCKHOLM, SWEDEN.​.  Full Article

Autoliv confirms conclusion of specific part of ongoing investigation with the European Commission
Wednesday, 22 Nov 2017 06:27am EST 

Nov 22 (Reuters) - Autoliv Inc ::Confirms conclusion of specific part of ongoing investigation with the European Commission.Confirmed that a specific part of an ongoing investigation by European Commission had been concluded for EUR 8.1 million​.Company accrued for amount in Q3 of 2017​.Recorded amount relates to discrete portion of EC investigation relating to two specific car manufacturers.  Full Article

Autoliv confirms conclusion of part of ongoing EU cartel probe
Wednesday, 22 Nov 2017 06:06am EST 

Nov 22 (Reuters) - Autoliv Inc , ALIVsdb.ST:AUTOLIV CONFIRMS CONCLUSION OF SPECIFIC PART OF ONGOING INVESTIGATION WITH THE EUROPEAN COMMISSION nB5N1JD00P.SAYS ‍A SPECIFIC PART OF AN ONGOING INVESTIGATION BY EUROPEAN COMMISSION HAD BEEN CONCLUDED FOR EUR 8.1 MILLION​.SAYS ‍MORE SIGNIFICANT PORTION OF ITS INVESTIGATION CONTINUES​.SAYS ‍MANAGEMENT DOES NOT BELIEVE OUTCOME OF THIS DISCRETE PORTION OF EC'S INVESTIGATION PROVIDES AN INDICATION OF TOTAL PROBABLE LOSS​.  Full Article

South Africa's Competition Commission fines Autoliv near 150 mln rand
Monday, 9 Oct 2017 08:45am EDT 

Oct 9 (Reuters) - South Africa's Competition Commission ::SOUTH AFRICA'S COMPETITION COMMISSION - AUTOLIV HAS AGREED TO PAY AN ADMINISTRATIVE PENALTY OF ALMOST 150 MILLION RAND FOLLOWING ITS ADMISSION OF HAVING CONTRAVENED THE COMPETITION ACT.SOUTH AFRICA'S COMPETITION COMMISSION - AUTOLIV CONCLUDED A SETTLEMENT WITH COMMISSION FOR INVOLVEMENT IN PRICE FIXING, MARKET DIVISION ‍​.SOUTH AFRICA'S COMPETITION COMMISSION - AUTOLIV ALSO INVOLVED IN COLLUSIVE TENDERING WITH TRW INC, TAKATA GROUP, TOYODA GOSEI CO LTD AND TOKAI RIKA CO LTD‍​.SOUTH AFRICA'S COMPETITION COMMISSION - COMMISSION HAS FILED THE SETTLEMENT AGREEMENT WITH THE TRIBUNAL FOR CONFIRMATION AS AN ORDER‍​‍​.  Full Article

Autoliv to buy assets of Swedish LiDar specialist
Thursday, 28 Sep 2017 02:30am EDT 

Sept 28 (Reuters) - Autoliv Inc , ALIVsdb.ST:AUTOLIV TO ACQUIRE LIDAR AND TIME OF FLIGHT CAMERA EXPERTISE.SAYS HAS SIGNED AN AGREEMENT TO ACQUIRE CERTAIN ASSETS OF SWEDISH BASED LIDAR SPECIALIST COMPANY FOTONIC I NORDEN AB.SAYS ACQUISITION REPRESENTS A TRANSFER OF CERTAIN INTELLECTUAL PROPERTY RIGHTS, DEVELOPMENT AND PROTOTYPING ASSETS AND DEVELOPMENT RESOURCES, INCLUDING ABOUT 35 ENGINEERING EXPERTS.  Full Article

Autoliv wins order from Geeely for autonomous driving radar systems
Thursday, 14 Sep 2017 03:00am EDT 

Sept 14 (Reuters) - Autoliv Inc :Autoliv to supply geely radar systems for autonomous driving.Autoliv has been selected by Geely to develop a77GHz high-resolution radar systems for autonomous driving.  Full Article

Autoliv CEO says 2019 sales target largely based on already booked orders
Thursday, 14 Sep 2017 01:56am EDT 

Sept 14 (Reuters) - Autoliv Inc CEO Jan Carlson to Reuters::Says has not been asked to become Ericsson <<>> chairman.Carlson mentioned as possible candidate for Ericsson chairmanship by Swedish business daily Dagens Industri.Says "my focus is to work with this strategic review, and I am fully committed to do this".Says 2019 sales target is "absolutely for the most part already booked business".  Full Article

Autoliv sets financial targets for 2020
Thursday, 14 Sep 2017 01:00am EDT 

Sept 14 (Reuters) - Autoliv Inc :Autoliv - will outline its strategy for shareholder value creation and sets 2020 targets for passive safety and electronics as standalone entities.Says sets 2020 targets for passive safety and electronics as standalone entities..Says 2020 targets for passive safety as a standalone entity are as follows:.Says to surpass $10 billion in sales, indicating an annual growth rate of around 8% from 2017.Says to increase its current passive safety market share from 39% to 45% or more..Says to reach an adjusted* operating margin of around 13%..Says in addition, passive safety's 2022 target and ambition for 2025 is to maintain its market share and to grow sales at least in line with passive safety market.Says 2020 targets for electronics as a standalone entity are as follows:.Says to reach $3 billion in sales, indicating an annual growth rate of 10% from 2017.Says this target includes that active safety surpasses $1 billion in sales..Says electronics targets an adjusted* operating margin of 0-5% in 2020..Says in addition, for 2022, electronics' targets sales of around $4 billion.Says for 2022, active safety targets sales of around $2 billion.Says for 2025, electronics' ambition is to surpass $6 billion in sales, with active safety sales of around $4 billion.Says if separation takes place, process is estimated to take around one year under most separation scenarios.Says updates some of its end of decade (2019) targets, under current corporate structure.  Full Article

Autoliv to make strategic review to split business
Thursday, 14 Sep 2017 01:00am EDT 

Sept 14 (Reuters) - Autoliv Inc , ALIVsdb.ST:Autoliv initiates strategic review of separating its business segments, passive safety and electronics.Says intent is to create two publicly traded companies capable of addressing two distinct, growing markets.Says although strategic review has been initiated there is no guarantee that review will result in any transaction.Says if separation takes place, process is estimated to take around one year under most separation scenarios.  Full Article

Autoliv plans to move ahead with listing of electronics business

STOCKHOLM, Dec 12 Sweden's Autoliv said on Tuesday it plans to move ahead with a listing of its electronics business, which makes radars, visions systems and driver assistance software.