Ford Honors Autoliv for Strong Performance in 2010


Ford Honors Autoliv for Strong Performance in 2010

(Stockholm, May  26, 2011) --- Autoliv Inc. (NYSE: ALV and SSE: ALIV) -
the global leader in automotive safety systems - was recognized at Ford
Motor Company's annual global supplier event as one of its 2010 top
performing global suppliers. For the fourth consecutive year, Autoliv
Spain received a gold award for outstanding quality. Addionally,
Autoliv's Canadian safety restraint electronics unit was honored with a
silver award. 

“On behalf of our 46 000 associates worldwide, we thank Ford Motor
Company for the recognition of our performance and we feel proud to be
the only restraint supplier that has been awarded with both a gold and a
silver world excellence award” said Stefan Kroenung, Autoliv's Vice
President Ford Business. He continued, “This is the first time for our
Electronics Division to be recognized as one of the best suppliers to
Ford world-wide, which is very encouraging in our strategy to become the
global leader in restraint electronics and active safety”.

Ford's World Excellence Awards honor production and non-production
suppliers that have aligned themselves with the values and operating
practices of Ford. This year, Ford honored 47 suppliers in three
different levels of World Excellence - Gold, Silver and Recognition of
Achievement. Gold and Silver awards are presented to suppliers
demonstrating superior quality, delivery and cost performance.

Inquiries:
Stefan Kroenung, VP Global Ford Business, Autoliv Inc.,    Tel. +1 -
248 475 0422

Henrik Kaar, Director Coperate Communication, Autoliv Inc.,         Tel.
+46 - 8 587 20 614

 

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