Autoliv Expands in China Constructs new plant in Northern China

Autoliv Expands in China

Constructs new plant in Northern China

(Stockholm, March 29, 2011) --- In response to the rapid growth in China
vehicle production, Autoliv Inc. (NYSE: ALV and SSE: ALIV) - the
worldwide leader in automotive safety systems - has started construction
of a completely new factory building in Changchun that will replace the
Company's existing plant in this city in Northern China.

The new plant will more than double the existing floor space.  The cost
for the new plant will be $6 million.

Autoliv's Changchun plant manufactures seatbelts, frontal airbags and
side airbags for FAW-Volkswagen Automotive Co., FAW Car Co., Great Wall
Motor Co., Bejing Benz Automotive Co., BMW Brilliance Automotive Co.,
and Shanghai GM (Shenyang) Norsom Co. The plant has approximately 450
employees.

Recently, Autoliv also announced an extension of its electronics plant
in China. The Company has ten facilities in China, including a technical
center with a crash tests facility for complete vehicles. The Company
has 5,500 employees in China, and the Chinese market accounted, in 2010,
for 11% of the Company's sales.

Last year, light vehicle production in China grew by 29%. Autoliv's
sales grew by more than 60%.

Inquiries:
Jan Carlson, President & CEO, Autoliv Inc.                 Tel.
+46-8-587 20 600
George Chang, President Autoliv China.                       Tel.
+86-21-6992-8888