Autoliv Receives Honda Productivity Award

Autoliv Receives Honda Productivity Award

(Stockholm, May 15, 2007) --- Autoliv, Inc. (NYSE:ALV and SSE:ALIVsdb), the
worldwide leader in automotive safety, today announced that Autoliv's North
American division has received Honda's prestigious Productivity Award for
superior performance. The award was presented during Honda's 2007 Annual
Supplier Conference in Toronto, Canada.

“We are honored to be recognized by Honda for our accomplishments,” said Kurt
Kottke, Autoliv's Director of North American Business for Honda, who accepted
the award. “This represents the collective efforts of a talented, dedicated team
of Autoliv employees committed to providing Honda with the highest quality,
highest value products.”

Autoliv has been a partner with Honda for more than 15 years, providing airbag
and seatbelt products across a variety of platforms. “Our relationship with
Honda is highly valued,” continued Kottke. “This award recognizes our commitment
to supporting Honda as a partner in Quality, Cost, Delivery, Development and
Management.”

So far, Autoliv has received a record number of 13 awards from customers for its
achievements during 2006. In addition to this award from Honda, the Company has
received a Supplier of the Year Award from Hyundai-Kia, two awards from General
Motors, four awards from Ford and five awards from Toyota.

Inquiries: 
Kurt Kottke, Director of North American Business for Honda; +1 801 625 8624

Autoliv Inc. 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 42,000 employees in 28 vehicle-producing
countries. In addition, the Company has technical centers in twelve countries
around the world, including 20 test tracks, more than any other automotive
safety supplier. Sales in 2006 amounted to US $6.2 billion. The Company's shares
are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository
Receipts on the Stockholm Stock Exchange (SSE: ALIV).