Autoliv Provides Information on Antitrust Inquiries


Autoliv Provides Information on Antitrust Inquiries

(Stockholm, July 8, 2011) - - - Autoliv, Inc. (NYSE: ALV, and SSE: ALIV
sdb) today provided the following information about the antitrust
inquiries:

As previously disclosed, Autoliv ASP Inc., a Company subsidiary, on
February 8, 2011 received a grand jury subpoena from the Antitrust
Division of the United States Department of Justice (“DOJ”) requesting
documents and information as part of a long-running investigation into
possible anti-competitive behavior among certain suppliers to the
automotive vehicle industry, including Autoliv; and on June 7-9, 2011,
representatives of the antitrust authorities of the European Commission
(“EC”) visited two facilities of Autoliv BV & Co KG, a Company
subsidiary in Germany, to gather information for a similar inquiry.

The DOJ and EC investigations are still ongoing. It is likely that, for
the reporting periods in which the related liabilities become estimable
or the investigations are resolved, the Company's operating results and
cash flows will be materially impacted. However, as the Company cannot
predict the duration, future scope or final outcome of the
investigations, it is unable to estimate such impact or predict the
reporting periods in which it may be recorded.

No further information can be provided beyond the information in this
press release.

 

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