AUBURN HILLS, Mich.--(BUSINESS WIRE)--Regulatory News:
Autoliv AB (NYSE:ALV) (STO:ALIVSDB)
Autoliv, the worldwide leader in automotive safety systems, has earned Ford Motor Company's 2014 Safety Supplier of the Year and 2014 Gold Supplier of the Year for its facility in La Pobla de Vallbona, Spain.
Ford's 17th Annual World Excellence Awards recognize suppliers that exceed the company's expectations and distinguish themselves from their peers by achieving the highest levels of global excellence in quality, cost, performance, and delivery.
Autoliv’s facility in Spain conducts deployments tests and manufactures products that save lives, including driver and passenger airbags, side airbags and inflatable curtain airbags. The honor is the second for the facility, which also won the Ford World Excellence Gold Award in 2013.
“The foundation of our success is our passion for saving lives, our continuous innovation of new technologies and strong focus on quality,” said Jan Carlson, Autoliv Chairman, CEO and President. “Ford continues to be a valued customer of ours and it is with great pride and appreciation that we accept this recognition.”
“Ford's World Excellence Awards allow us to recognize and thank our partners who support us in all we do," said Hau Thai-Tang, group vice president, Global Purchasing Ford Motor Company. "In a year with a record number of global product introductions, Autoliv demonstrated a strong commitment to both quality and performance, and we're honored that they are a part of our ONE Ford team."
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 21 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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