STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Autoliv Inc. (NYSE:ALV) (STO:ALIVSDB) – the global leader in automotive safety systems – has been honored with Toyota's Global Contribution award. This is the automakers highest award for supplier, and is given in recognition of companies with outstanding performance during the past year.
This is the fourth time Autoliv has received the prestigious Global Contribution Award from Toyota. Continuous improvement activities and strong collaboration with Toyota on a global level in areas such as quality, cost optimization, communication and engineering support are the main reasons for Autoliv being named as a top supplier by Toyota.
Additionally, Autoliv was also selected as a winner of the Superior Value Improvement Award. The awards was presented as a part of Toyota’s annual Global Supplier Conference 2015, which took place in Nagoya, Japan. Jan Carlson, Chairman, President and CEO of Autoliv, accepted the awards from Mr.Uchiyamada, Chairman of Toyota Motor Corporation, on behalf of the Autoliv group.
“We are honored and delighted to have once again been recognized by Toyota, one of the most quality-minded vehicle manufacturers in the world”, said Autoliv’s CEO Jan Carlson at the Award Winning Ceremony in Nagoya. He added “We see these awards as a recognition for the dedication our associates have shown and our continuous strive towards saving more lives through innovations and high quality products”.
Today, Autoliv supplies Toyota in all regions with airbags, seatbelts and steering wheels. In addition, Autoliv’s tech centers in Japan, North America, Europe and China support Toyota with design engineering expertise in automotive safety and with crash testing capabilities.
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 more than 60,000 employees in 28 countries. In addition, the Company has ten technical centers in nine countries around the world, with 20 test tracks, more than any other automotive safety supplier.Sales in 2014 amounted to US $9.2 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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