Autoliv recognized by General Motors as a 2007 Supplier of the Year


Autoliv recognized by General Motors as a 2007 Supplier of the Year

(Stockholm, April 30, 2008) - - - Autoliv (NYSE: ALV and SSE: ALIV), the
worldwide leader in automotive safety systems, received the General Motors 2007
Supplier of the Year award for its significant contributions to GM's global
product and performance achievements.  The 16th annual award - themed the “Best
of the Best” -- was given during ceremonies Saturday, April 26 at the Sawgrass
Marriott Hotel in Jacksonville, Fla. 

This was the third consecutive year Autoliv was recognized with by GM as
Supplier of the Year, and it was the first time Autoliv received the award in
all technologies they supply, airbags & steering wheels, seatbelts, and safety
electronics. 


“We are proud to honor Autoliv as one of our Supplier of the Year winners in
2007,” said Bo Andersson, GM group vice president, Global Purchasing and Supply
Chain. "Autoliv received this honor for its outstanding performance and making a
significant contribution to the manufacturing of our world-class vehicles.”  

 “It is a great honor for us to be recognized with such a prestigious award”,
said Jan Carlson, Autoliv's President and CEO, after the award-winning
ceremonies in Florida. “It acknowledges the hard work and sustained commitment
of our 42,000 employees around the globe who, like the employees of General
Motors, are committed to manufacturing excellence”.

The GM Supplier of the Year award began as a global program in 1992.  Winners
are selected by a global team of executives from purchasing, engineering,
manufacturing and logistics who base their decisions on supplier performance in
quality, service, technology and price.  This year, General Motors honored 92
suppliers for their outstanding performance throughout 2007.

Inquiries: 
Arthur Blanchford, VP Global GM Business, Autoliv Inc., Tel +1-248-375-6597
Mats Ödman, VP Corporate Communications, Autoliv Inc., Tel +46-(8) 587 20 623


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 42,000 employees in 29 vehicle-producing countries. In addition,
the Company has technical centers in twelve countries around the world, with 21
test tracks, more than any other automotive safety supplier. Sales in 2007
amounted to US $6.8 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).

Attachments

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