Autoliv Inc. (NYSE:ALV), the worldwide leader in automotive safety systems, announced today that it has completed the sale of its U.S. leadwire business to Tyco Electronics Corporation, a unit of Tyco International Ltd. This divestiture follows upon the sale and closure over the last two years of seven other non-core units with a total of 1,000 employees. In addition to reducing operating costs, these transactions and the sales of two properties have released close to $60 million that was tied up in these assets. The sale of the leadwire business will not have a material effect on Autoliv's earnings.