Autoliv Raises its Guidance

Autoliv Raises its Guidance

(Stockholm, March 22, 2010) --- Autoliv Inc. (NYSE: ALV and SSE: ALIV), the
worldwide leader in automotive safety, today announced that the Company is
raising its sales and margin guidance for the first quarter 2010. 

Autoliv now expects first quarter organic sales to grow by approximately 65%
over the same quarter 2009 and its operating margin to improve to at least 11%.
Consolidated net sales are expected to increase by approximately 85%, including
acquisitions and provided that current exchange rates prevail. 

At the beginning of the current quarter, Autoliv expected first quarter
consolidated net sales to increase by more than 70%, with the organic sales
portion growing by more than 50%, and an operating margin around 8.5%.

“The main reason for our revised guidance is better than expected sales,
primarily in North America and Asia due to higher light vehicle production
accompanied by a favorable mix and market share gains”, explained Autoliv's CEO
Jan Carlson.

Autoliv expects to update its indications for the full year 2010 on April 27, in
connection with its financial report for the first quarter. 

Inquiries: 
Jan Carlson, President and CEO, Autoliv Inc. Tel +46 8-587 20 600

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 employees in 29 vehicle-producing countries. In addition,
the Company has technical centers in ten countries around the world, with 21
test tracks, 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 company website at www.autoliv.com.


Safe Harbor Statement
This press-release contains statements that are not historical facts but rather
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are those that
address activities, events or developments that the Company or its management
believes or anticipates may occur in the future, including statements relating
to industry trends, business opportunities, sales contracts, sales backlog, and
on-going commercial arrangements and discussions, as well as any statements
about future operating performance or financial results. In some cases, you can
identify these statements by forward-looking words such as “estimates,”
“expects,” “anticipates,” “projects,” “plans,” “intends,” “believes,” “might,”
“will,” “should,” or the negative of these terms and other comparable
terminology, although not all forward-looking statements are so identified.

All such forward-looking statements, including without limitation, management's
examination of historical operating trends and data, are based upon our current
expectations and various assumptions, data available from third parties and
apply only as of the date of this report. Our expectations and beliefs are
expressed in good faith and we believe there is a reasonable basis for them.
However, there can be no assurance that such forward-looking statements will
materialize or prove to be correct as these assumptions are inherently subject
to significant uncertainties and contingencies which are difficult or impossible
to predict and are beyond our control.

Because these forward-looking statements involve risks and uncertainties, the
outcome could differ materially from those set out in the forward-looking
statements for a variety of reasons, including without limitation, changes in
and the successful execution of our restructuring and cost reduction initiatives
discussed herein and the market reaction thereto, changes in general industry
and market conditions, increased competition, higher raw material, fuel and
energy costs, changes in consumer preferences for end products, customer losses
and changes in regulatory conditions, customer bankruptcies, consolidations or
restructuring, divestiture of customer brands, the economic outlook for the
Company's markets, fluctuation of foreign currencies, fluctuation in vehicle
production schedules for which the Company is a supplier, market acceptance of
our new products, continued uncertainty in program awards and performance, the
financial results of companies in which Autoliv has made technology investments
or joint venture arrangements, pricing negotiations with customers, increased
costs, supply issues, product liability, warranty and recall claims and other
litigation, possible adverse results of pending or future litigation or
infringement claims, tax assessments by governmental authorities, legislative or
regulatory changes, political conditions, dependence on customers and suppliers,
as well the risks identified in Item 1A “Risk Factors” in our annual report on
Form 10-K for the year ended December 31, 2009.

Except for the Company's ongoing obligation to disclose information under the
U.S. federal securities laws, the Company undertakes no obligation to update
publicly or revise any forward-looking statements whether as a result of new
information or future events. For any forward-looking statements contained in
this or any other document, we claim the protection of the safe harbor for
forward-looking statements contained in the Private Securities Litigation Reform
Act of 1995 and we assume no obligation to update any such statements.