Autoliv Invests in India

Autoliv Invests in India

Makes Joint Venture a fully-owned Subsidiary

(Stockholm, October 29, 2007) - - - Autoliv Inc. (NYSE: ALV and SSE:ALIV), the
world­wide leader in automotive safety, has agreed to buy the remaining 50.01%
of the shares in its Indian joint venture Autoliv IFB Private Limited. The joint
venture will after the acquisition become a wholly-owned subsidiary of Autoliv
Inc.

Autoliv IFB Private Limited was formed in 1991 as a joint venture between
Autoliv AB, at the time, and IFB Seating Systems Limited in India. Autoliv's
shareholding in the company has remained unchanged just below 50% since the
formation of the company. 

The company has its main facility for seatbelt assembly, including a test
facility with a sled test, in Bangalore. Autoliv India has since the start of
the company experienced a steady growth of business. The company's is today the
clear leader in the Indian seatbelt market with a market share of more than 50%.
Major customers include Suzuki, Telco and Hyundai and sales totaled
approximately $45 millions in 2006.

The Indian production of light vehicles during 2006 was approximately 1.6
million units and it is expected to reach 3.7 million units by 2010. There is an
increased interest from the major worldwide OEMs, such as Nissan, General
Motors, Toyota and Volkswagen, to locate production to India. Not only to serve
the expected increase in the domestic market but also to use India as an export
base for global manufacturing. During 2006, non-Indian OEMs produced 0.5 million
units (or 31% of total Indian passenger car production) in India, which is
expected to increase to 1.7 million units (45% of total production volume) by
2010. Due to the higher export volumes for Europe and other developed markets,
the safety market is expected to grow much faster than the underlying vehicle
production as these vehicle will have too fulfill the same safety standards and
regulations as other cars sold in Europe, North America and Japan.       

Inquiries: 
Jan Carlson, President and CEO, Autoliv Inc. 		+46-8-587 20 600
Gunnar Dahlén, President Autoliv Asia Pacific.  	+66-2659-8510


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 42,000 employees in 28 vehicle-producing countries. In addition,
the Company has technical centers in twelve countries around the world,
including 21 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 OMX
Nordic Exchange in Stockholm (ALIV).