STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
At SGMW’s 2013 supplier conference and award ceremony held on in Guilin China, Mr. Shen Yang President of SGMW presented Autoliv China with the “Excellent supplier award”. This is Autoliv China’s third consecutive year to be named by SGMW following “the best quality award” in 2011 and “the best platform award” in 2012.
Autoliv China was recognized for demonstrating best-in-class performance in all areas, including engineering, quality, technical innovation, logistic and service.
For Autoliv this is the third Supplier of the Year award acknowledging our performance in 2013.
SGMW was established 2002 as a joint venture between the two domestic manufactures SAIC Motor Corporation Limited and Liuzhou Wuling Motors Co Limited together with General Motors. SGMW produced 1.6 million vehicles in 2013, which made them the second largest automotive manufacturer in China after Volkswagen. Autoliv currently supplies airbags, seatbelts, steering wheels, safety electronics and sensors to SGMW.
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 more than 80 facilities with 55,000 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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