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Autoliv Streamlines Airbag Production

11 March 1998

Autoliv Streamlines Airbag Production

    STOCKHOLM, Sweden, March 11 -- Autoliv Inc.
, a worldwide leader in automotive safety, has proposed
to the local works council that the assembly of airbag modules in Amsterdam
should be transferred to other Autoliv plants in Europe located closer to the
customers.  The work force at the Amsterdam plant will be reduced by
approximately 170 people from its current level of 460 (Most of the affected
persons are temporary employees, but some 30 people will be required to
leave).  The remaining operations in Amsterdam, with almost 300 employees,
will continue to manufacture inflators and textile cushions for airbag
systems.
    The Amsterdam plant was originally intended by Morton Automotive Safety
Products (ASP) to be its stepping stone to the European market.  Following the
merger last year with Autoliv AB, Europe's leading airbag supplier, an even
more efficient manufacturing structure can be formed, which optimizes customer
support and lower costs for the larger Autoliv Inc. organization.

    Autoliv Inc. develops and manufactures automotive safety systems for all
major automotive manufacturers in the world.  The company has more than
60 wholly owned subsidiaries and joint ventures with close to 20,000 employees
in 27 vehicle-producing countries.  Autoliv has 19 test tracks, more than any
other automotive safety supplier.  Sales in 1997 totaled US $3.3 billion.  The
company's shares are listed on the New York Stock Exchange, its Swedish
Depositary Receipts on the Stockholm Stock Exchange, and its stock options on
the Chicago Board Options Exchange (CBOE: ALV).

SOURCE  Autoliv Inc.