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0HJH Autoliv Inc

150.85
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Autoliv Inc LSE:0HJH London Ordinary Share AUTOLIV ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 150.85 195 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Motor Vehicle Part,accessory 10.48B 488M 5.9080 20.38 9.95B

Autoliv Introduces Airbag That Prevents Passengers From Colliding

18/11/2019 7:55am

PR Newswire (US)


Autoliv (LSE:0HJH)
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OGDEN, Utah, Nov. 18, 2019 /PRNewswire/ -- Autoliv Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today announced the development of a new front center airbag that is designed to save lives in side-impact crash situations. The airbag will be showcased at Autoliv's Capital Markets Day held on November 19 at its technical center in Ogden, Utah.

The head is one of the most frequently injured body regions in any road collision potentially resulting in devastating long-term consequences for the victim. For side collisions from the opposite side, the passenger may hit the vehicle interior or the other front seat passenger, sustaining injuries to the head and chest. To improve protection for these injuries, Euro NCAP has introduced the far-side load case in the rating program from January 1, 2020. 

The new Autoliv Front Center Airbag helps avoid driver-to-interior and driver-to-passenger impact. The inboard seat mounted airbag deploys in the space between the driver and the front-seat passenger, providing protection for them from colliding during a side impact and reduces risk of trauma to head, shoulder and chest.

"Research indicates that the new Front Center Airbag can reduce injuries caused by passengers colliding with each other by up to 80%. If there is no one in the front passenger seat, the airbag will offer enhanced driver protection from a far-side collision. It is a technology innovation that underlines Autoliv's commitment to saving lives and preventing injuries on the roads across the world," says Scott Dershem, Autoliv Vice President of Development.

The Autoliv Front Center Airbag will be introduced in 19 car models in 2020.

About Autoliv

Autoliv, Inc. is the worldwide leader in automotive safety systems, and through our subsidiaries we develop, manufacture and market protective systems, such as airbags, seatbelts, steering wheels and pedestrian protection systems for all major automotive manufacturers in the world. Our products save over 30,000 lives each year and prevent ten times as many severe injuries.

Our close to 67,000 employees in 27 countries are passionate about our vision of Saving More Lives and quality is at the heart of everything we do. We have 14 technical centers, with 19 test tracks. Sales in 2018 amounted to US $ 8,678 million. The shares are listed on the New York Stock Exchange (NYSE: ALV) and the Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). For more information go to www.autoliv.com.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Autoliv, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any such statements in light of new information or future events, except as required by law.

CONTACT:

Media:
Stina Thorman
Corporate Communications
Tel +46(0)8587-206-50

Investors & Analysts:
Anders Trapp,
Investor Relations
Tel +46(0)8587-206-71

Henrik Kaar
Investor Relations
Tel +46(0)8587-206-14

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/autoliv/r/autoliv-introduces-airbag-that-prevents-passengers-from-colliding,c2966673

The following files are available for download:

https://mb.cision.com/Main/751/2966673/1145899.pdf

Press release (PDF)

https://news.cision.com/autoliv/i/autoliv-front-center-airbag,c2717224

Autoliv Front Center AirBag

Copyright 2019 PR Newswire

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