Autoliv Appoints New CFO

Autoliv Appoints New CFO

(Stockholm, Sweden, July 9, 2009) - - -  Autoliv, Inc. (NYSE:ALV and SSE:ALIV),
worldwide leader in automotive safety, today announced that its Board of
Directors has appointed Mats Wallin Vice President and Chief Financial Officer
of the Company. He is currently Head of Corporate Control of Autoliv Inc. 
Mats Wallin succeeds Marika Fredriksson who will be leaving Autoliv to become
CFO for Gambro AB, a global medical technology company and a leader in
developing products, therapies and services to treat patients with acute or
chronic renal failure.


Between 1985 and 2002, Mats Wallin held various positions of increasing
responsibility in ABB, a global leader in power and automation technologies,
where he acquired solid experience in both accounting and business operations.
He started in the accounting department of the Swedish predecessor to ABB, ASEA
AB. Between 1988-92, he was assistant manager Financial Report Consolidation at
ABB's global head quarters in Switzerland. He then held various positions for
seven years at ABB's plants and locations until he became Head of Corporate
Control of ABB's Swedish operations in 1999. During his time with ABB, one of
his duties was converting ABB's financial records to United States Generally
Accepted Accounting Principles. 

At Autoliv, which he joined in 2002, one of his responsibilities was the initial
implementa¬tion of the Sarbanes-Oxley Act (SOX). He was also acting CFO of the
Company for four months during 2008.

Mats Wallin, age 44, has a Bachelor of Science in Business Administration and
Economics from the Uppsala University, Sweden.
The change in the CFO position will become effective as of today, although
Marika Fred¬riksson will remain with Autoliv until the end of this month to
ensure a smooth transition. 

Inquiries: 
Mats Wallin, CFO, 			Tel +46-8-587 20 619
Jan Carlson,  President & CEO, 	Tel +46-8-587 20 600

About Autoliv
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 34,000 employees in 31 countries. In addition, the Company has
technical centers in eleven countries around the world, with 21 test tracks,
more than any other automotive safety supplier. Sales in 2008 amounted to US
$6.5 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 (ALIVsdb).

 
Safe Harbor Statement 
This press release 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 are those that
address activities, events or developments that the Company or its management
believes or anticipates may occur in the future, including statements relating
to industry trends, business opportunities, sales contracts, sales backlog, and
on-going commercial arrangements and discussions, as well as any statements
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All such forward-looking statements, including without limitation, management's
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statements will materialize or prove to be correct as these assumptions are
inherently subject to significant uncertainties and contingencies which are
difficult or impossible to predict and are beyond our control. 

Because these forward-looking statements involve risks and uncertainties, the
outcome could differ materially from those set out in the forward-looking
statements for a variety or reasons, including without limitation, changes in
and the successful execution of the action program discussed herein and the
market reaction thereto, changes in general industry and market conditions,
increased competition, higher raw material costs, particularly commodity and
energy costs, changes in consumer preferences for end products, customer losses
and changes in regulatory conditions, customer bankruptcies or consolidations,
divestiture of customer brands, the economic outlook for the Company's markets,
fluctuation of foreign currencies, fluctuation in vehicle production schedules
for which the Company is a supplier, market acceptance of our new products,
continued uncertainty in program awards and performance, the financial results
of companies in which Autoliv has made technology investments, pricing
negotiations with customers, fluctuating fuel and commodity prices and other
costs, supply issues, product liability, warranty and recall claims and other
litigation, possible adverse results of pending or future litigation or
infringement claims, legislative or regulatory changes, political conditions,
dependence on customers and suppliers, as well the risks identified in Item 1A
“Risk Factors” in our Form 10-K for the year ended December 31, 2008. 

Except for the Company's ongoing obligation to disclose information under the
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publicity or revise any forward-looking statements whether as a result of new
information or future events. 

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 any such statements.