Autoliv Honored with GM Award

STOCKHOLM, Sweden--Jan. 18, 2006--Autoliv, the worldwide leader in automotive safety systems, was last week among ten companies to be honored at the North American International Auto Show in Detroit by General Motors for "Outstanding Performance". The award recognizes "a supplier's performance in quality, cost, launch and delivery, as well as contributions to production and concept vehicles".

As examples of Autoliv's outstanding performance GM listed "Zero spills, Zero downtimes, Zero stock outs, Zero launch issues, and achieving material savings targets. Autoliv is an example of a company that is in total business alignment with General Motors."

"Recognizing suppliers performance and contributions is important," said Bo Andersson, GM Vice President, Global Purchasing and Supply Chain. "While it is essential to drive performance, it is critical that suppliers who meet and exceed GM's expectations be honored as role models for the automotive industry."

"We are proud and delighted to be selected to this elite group of suppliers," said Arthur Blanchford, Autoliv's Vice President Global GM Business. "This recognition of our efforts and achievements over many years will motivate us to focus even harder and continue to strive for an even closer relationship with GM globally".

The other honored suppliers are: Denso Corp.; FedEx Supply Chain Services; Hitachi Automotive Systems; Ideal Contracting LLC; Kwang Jin Sang Gong Co. Ltd.; Lear Corp.; Rieter Automotive Systems; U.S. Farathane; and Vitro S.A. de C.V.

Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures Autoliv has 80 facilities with 40,000 employees in 30 vehicle-producing countries. In addition, the company has development and engineering centers in six countries around the world, including 20 test tracks, more than any other automotive safety supplier. Sales in 2004 amounted to US $6.1 billion. The Company's shares are listed on the New York Stock Exchange and its Swedish Depository Receipts on the OM Stockholm Stock Ex-change (SSE:ALIV).

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