Autoliv closes acquisition of Delphi passive safety operations in Asia

Autoliv closes acquisition of Delphi passive safety operations in Asia

(Stockholm, April 1, 2010) --- Autoliv Inc. (NYSE: ALV), the worldwide leader in
automotive safety, acquired - as agreed upon in January - substantially all of
Delphi's Occupant Protection Systems (OPS) operations in Korea and China. These
operations are expected to contribute approximately $220 million to Autoliv
sales in 2010.

This transaction includes intellectual property, physical assets and a highly
skilled workforce of approximately 600 associates in Korea and China. Existing
customers include Hyundai, Kia, Daewoo (GM), Chery and Tata.

In 2009, Autoliv acquired assets relating to Delphi's OPS operations in Europe
and North America which are expected to add approximately $150 million to
Autoliv's sales during 2010.

“This is an important acquisition for Autoliv - giving us immediate sales growth
and bringing us closer to key customers in an important region” stated Jan
Carlson, President and CEO of Autoliv.

The Asian transaction closed as expected on March 31, 2010 and will be reflected
in Autoliv's revised full year and quarterly guidance on April 27, 2010. The OPS
businesses in North America and Europe are reflected in Autoliv's first quarter
guidance as of March 22nd, 2010.

Inquiries: 
Jan Carlson, President and CEO, Autoliv Inc., Tel +46 (0)8 587 20 600
Mike Hague, President Autoliv Korea, Tel + 82 10 5161 6503
Ray Pekar, Director IR and Business Development, Tel +1 519 973 3799

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 38,000 associates in 29 countries. In addition, the Company has
ten technical centers in nine countries around the world, with 21 test track -
more than any other automotive safety supplier. Sales in 2009 amounted to US
$5.1 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 sdb). For more information about Autoliv, please visit our
corporate website at www.autoliv.com.


About Delphi 
Delphi is a leading global supplier of electronics and technologies for autos,
commercial and other vehicles. Delphi has more than 100,000 employees at 270
locations and 24 engineering centers in 32 countries. More information regarding
the company may be found at www.delphi.com. 
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forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 (PSLRA). All such statements are based upon our
current expectations and various assumptions, and apply only as of the date of
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Company's markets, fluctuation in vehicle production schedules for which the
Company is a supplier, continued uncertainty in program awards and performance,
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