Autoliv reported record first quarter sales of US$2.18bn, an increase of 3%, and an operating margin of 7%, including a $14.5m provision for estimated fines to resolve the US antitrust investigation the supplier is facing.
Autoliv reported record first quarter sales of US$2.18bn, an increase of 3%, and an operating margin of 7%, including a $14.5m provision for estimated fines to resolve the US antitrust investigation the supplier is facing.
Operating income fell $102m to $153m, due mainly to higher costs for capacity changes, raw materials and R&D expenses. Income before taxes was $141m, net income $101m and earnings per share $1.07.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Neonode has won the Innovation Award for Driver Monitoring Softwarefor its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.
