Autoliv: Difference between revisions
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'''Autoliv Inc.''' is the world's largest [[automotive safety]] supplier with sales to all leading car manufacturers worldwide. Together with its joint ventures, Autoliv has over |
'''Autoliv Inc.''' is the world's largest [[automotive safety]] supplier with sales to all leading car manufacturers worldwide. Together with its joint ventures, Autoliv has over 66,000 employees in 27 countries, of whom 5300 are involved in [[research and development|research, development and engineering]]. In addition, the company has 12 technical centers around the world, including 19 test tracks, more than any other automotive safety supplier. The group is among the biggest Tier 1 automotive suppliers in the world, with annual revenues exceeding USD 8 billion, and is part of the [[Fortune 500]], ranking #289 in 2018.<ref>{{Cite web|url=http://fortune.com/fortune500/autoliv/|title=Autoliv|website=Fortune|language=en-US|access-date=2018-11-27}}</ref> Autoliv Inc. is incorporated in [[Delaware]], USA and headquartered in Stockholm, Sweden. The company's shares are listed on the [[New York Stock Exchange]] and its Swedish Depository Receipts on the [[Velodyne LiDAR|OMX]] [[Stockholm Stock Exchange]].<ref>{{Cite web|url=http://www.nasdaq.com/symbol/alv|title=Autoliv, Inc. Common Stock (ALV)|website=NASDAQ.com|language=en-us|access-date=2017-10-31}}</ref> |
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==History== |
==History== |
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Autoliv was founded in [[Vårgårda]], Sweden in the form of Auto Service AB in 1953 by Lennart Lindblad. In 1956, the company became a pioneer in [[seat belt]] technology when it began production of two-point seat belts. The name of the company was changed to Autoliv AB in 1968. It was bought in 1974 by Granges Weda AB, inventors of the retractable seat belt. Granges Weda was acquired in turn in 1989 by Electrolux and changed its name to Electrolux Autoliv AB. During the 1980s and 1990s, the company grew through acquisitions, mainly in Europe. Between 1994 and 1997 the company was listed on the [[Stockholm Stock Exchange]] under the name of Autoliv AB and in 1997 it merged with the American firm Morton ASP Inc to form Autoliv Inc. In |
Autoliv was founded in [[Vårgårda]], Sweden in the form of Auto Service AB in 1953 by Lennart Lindblad. In 1956, the company became a pioneer in [[seat belt]] technology when it began production of two-point seat belts. The name of the company was changed to Autoliv AB in 1968. It was bought in 1974 by Granges Weda AB, inventors of the retractable seat belt. Granges Weda was acquired in turn in 1989 by Electrolux and changed its name to Electrolux Autoliv AB. During the 1980s and 1990s, the company grew through acquisitions, mainly in Europe. Between 1994 and 1997 the company was listed on the [[Stockholm Stock Exchange]] under the name of Autoliv AB and in 1997 it merged with the American firm Morton ASP Inc to form Autoliv Inc. In June 2018, the company spun off its Electronics business into a separate cmpany Veoneer Inc |
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==Products== |
==Products== |
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The company develops, manufactures and markets |
The company develops, manufactures and markets safety systems (estimated market share of approximately 38% in 2017) such as airbags, seatbelts, steering wheels, passive safety electronics a. It also produces pedestrian protection systems. |
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==Autonomous Driving== |
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Since 2014, Autoliv's active safety products have increasingly sought to gain market share in the fast moving sector of automated driving. The company is today among the most active automotive suppliers in the autonomous vehicles industry. The company has lately escalated efforts to collaborate with and acquire companies with expertise in LiDAR, vision, GPS and mapping technologies. In 2015, the company announced the acquisition of [[M/A-COM Technology Solutions|M/A-COM's]] automotive equipment business which will expand Autoliv's capabilities in active safety and augment its GPS and Mapping division.<ref name="autoliv_macom">{{cite web|url=http://www.businesswire.com/news/home/20150817006284/en/Autoliv-Completes-Acquisition-MACOM-Automotive-Solutions-Business |
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|title=Autoliv Completes Acquisition of MACOM Automotive Solutions Business}}</ref> The same year, Autoliv commenced the "Drive Me" partnership venture with [[Volvo]] to offer semi-autonomous features in vehicles in [[Gothenburg]], Sweden.<ref name="drive_me">{{cite web|url=http://www.businesswire.com/news/home/20150929007074/en/Autoliv-joins-Drive-project |
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|title=Autoliv Joins the Drive Me Project}}</ref> In September 2016, Autoliv and Volvo announced the creation of a joint new company for autonomous driving.<ref name ="new_company">{{cite web|url=https://www.media.volvocars.com/global/en-gb/media/pressreleases/195888/volvo-cars-and-autoliv-to-create-joint-venture-for-autonomous-driving |
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|title=Volvo Cars and Autoliv to create joint venture for autonomous driving}}</ref> The company, named [[Zenuity]], formally began operations in January 2017. It will develop systems for use in Volvo vehicles and for sale exclusively by Autoliv.<ref name ="zenuity">{{cite web|url=http://www.motorauthority.com/news/1108100_volvo-autoliv-establish-zenuity-joint-venture-dedicated-to-self-driving-cars |
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|title=Volvo Cars and Autoliv announce the launch of Zenuity}}</ref> In June 2017, it was also announced that Autoliv would use its extensive expertise in manufacturing and validation to collaborate with [[Velodyne]], the worldwide leader in [[Lidar|LiDAR]] technology, to produce Velodyne's various LiDAR sensors.<ref>{{Cite news|url=https://finance.yahoo.com/news/velodyne-lidar-expands-global-capacity-073000579.html|title=Velodyne LiDAR Expands Global Capacity with Autoliv|access-date=2017-07-25|language=en-US}}</ref> Collaboration with Velodyne is expected to be complimented by Autoliv's subsequent acquisition of Fotonic, a Swedish company with expertise in LiDAR and Time of Flight (ToF) cameras.<ref name ="fotonic">{{cite web|url=http://www.prnewswire.com/news-releases/autoliv-to-acquire-lidar-and-time-of-flight-camera-expertise-300527331.html |
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|title=Autoliv to Acquire LiDAR and Time of Flight Camera Expertise}}</ref> |
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==See also== |
==See also== |
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*[[List of Swedish companies]] |
*[[List of Swedish companies]] |
Revision as of 17:30, 23 January 2019
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Company type | Public |
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Nasdaq Stockholm: ALIV SDB NYSE: ALV | |
Industry | Automotive safety |
Founded | 1997 |
Headquarters | Stockholm, Sweden, |
Key people | Jan Carlson (Chairman, President and CEO) |
Products | Radar Sensors, Stereo Vision Cameras, Night Vision Cameras, Seatbelts, Airbags, Steering Wheels, Safety Electronics, Active Safety Products |
Revenue | US$10.074 billion (2016)[1] |
US$848 million (2016)[1] | |
US$567 million (2016)[1] | |
Number of employees | 70,300 (AR2016)[1] |
Website | www.autoliv.com |
Autoliv Inc. is the world's largest automotive safety supplier with sales to all leading car manufacturers worldwide. Together with its joint ventures, Autoliv has over 66,000 employees in 27 countries, of whom 5300 are involved in research, development and engineering. In addition, the company has 12 technical centers around the world, including 19 test tracks, more than any other automotive safety supplier. The group is among the biggest Tier 1 automotive suppliers in the world, with annual revenues exceeding USD 8 billion, and is part of the Fortune 500, ranking #289 in 2018.[2] Autoliv Inc. is incorporated in Delaware, USA and headquartered in Stockholm, Sweden. The company's shares are listed on the New York Stock Exchange and its Swedish Depository Receipts on the OMX Stockholm Stock Exchange.[3]
History
Autoliv was founded in Vårgårda, Sweden in the form of Auto Service AB in 1953 by Lennart Lindblad. In 1956, the company became a pioneer in seat belt technology when it began production of two-point seat belts. The name of the company was changed to Autoliv AB in 1968. It was bought in 1974 by Granges Weda AB, inventors of the retractable seat belt. Granges Weda was acquired in turn in 1989 by Electrolux and changed its name to Electrolux Autoliv AB. During the 1980s and 1990s, the company grew through acquisitions, mainly in Europe. Between 1994 and 1997 the company was listed on the Stockholm Stock Exchange under the name of Autoliv AB and in 1997 it merged with the American firm Morton ASP Inc to form Autoliv Inc. In June 2018, the company spun off its Electronics business into a separate cmpany Veoneer Inc
Products
The company develops, manufactures and markets safety systems (estimated market share of approximately 38% in 2017) such as airbags, seatbelts, steering wheels, passive safety electronics a. It also produces pedestrian protection systems.
See also
References
- ^ a b c d "Annual Results 2016" (PDF).
- ^ "Autoliv". Fortune. Retrieved 2018-11-27.
- ^ "Autoliv, Inc. Common Stock (ALV)". NASDAQ.com. Retrieved 2017-10-31.
External links
- Companies listed on the New York Stock Exchange
- Electronics companies of Sweden
- Multinational companies headquartered in Sweden
- Science and technology in Sweden
- Science and technology in the United States
- Swedish brands
- 1997 establishments in Sweden
- Companies established in 1997
- Companies listed on the Stockholm Stock Exchange
- Companies based in Stockholm