Autoliv to build textile center in China to support growth

(Stockholm, June 28, 2013) – Autoliv Inc. (NYSE: ALV and SSE: ALIVsdb), the
global leader in automotive safety systems, will invest around $50 million in a
textile center in China. The new center is needed to meet the strong demand for
airbags in China and other Asian markets. The center will also make Autoliv even
more competitive by reducing supplier costs through vertical integration.
The textile center will consist of a weaving plant, an airbag cushion plant and
a development center for airbag cushions and textiles.

The weaving plant will focus on manufacturing textiles for airbags using
Autoliv’s patented “one-piece-woven” (OPW) technology. By using this efficient
technology, the airbag cushions can be almost ready-made on the weaving loom.
This plant will have a floor space of more than 8,000 square meters (almost
100,000 sq. feet) and have around 150 employees.

In addition a separate building of similar size will be constructed at the same
site for airbag cushion manufacturing. This is a relocation from an existing
site in the Shanghai area, allowing the current site to expand its airbag module
manufacturing capacity. This airbag cushion operation will have around 1000
employees.

In line with its strategy of globalizing products and processes Autoliv will,
when the project is completed have in house manufacturing of OPW in all of its
three regions, (Europe, Americas, Asia), produced according to the same process.
The plant will also produce woven fabric for traditional “cut and sewn”
cushions.

In addition a co-located development center for airbag cushion and textile will
be created. It will focus on standardized designs for the Asia region.

Globally, in 2012, Autoliv produced 70 million airbag cushions in-house and
purchased 40 million from external suppliers for its total production of 110
million complete airbags.

“The textile center is very important to meet the increasing demand for airbags
in China and other Asian markets,” said Jan Carlson, President and CEO of
Autoliv Inc. “In addition, the textile center will increase our level of in
-house component sourcing and enable standardized designs in Asia region and
globally, while shortening and streamlining our supply chain,” Jan Carlson
added.

Inquiries:
Jan Carlson, President & CEO, Autoliv Inc                        Tel: +46-8-587
20 600
Leif Berntsson, Vice President Global Textiles                   Tel: +46 70 590
1106
Arthur Blanchford, President, Autoliv China                        Tel: +86-21
-69928554

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 approximately 80
facilities with more than 50,000 employees in 29 countries. In addition, the
Company has ten technical centers in nine countries around the world, with 21
test tracks, more than any other automotive safety supplier. Sales in 2012
amounted to US $8.3 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.

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