Autoliv saving more lives…delivers half a billion airbags for side protection

(Stockholm, December 14, 2012) --- Autoliv, Inc. (NYSE: ALV and SSE: ALIV SDB),
the worldwide leader in automotive safety, reports that the company has
delivered over half a billion  airbags for side protection since the company
invented these safety devices in 1994.
Side airbags were first introduced to the automotive market when Autoliv, in
cooperation with Volvo launched the world’s first side-impact airbag on the
Volvo 850. This airbag was designed to reduce injuries and fatalities to the
occupant’s chest in side-impact collisions. Subsequently, in 1998, Autoliv
introduced another “World’s First”. This was the Inflatable Curtain, which is an
airbag that covers the whole upper side of a vehicle in a side-impact collision
to protect the head of occupants sitting on the struck side of the vehicle. This
patented airbag was launched in cooperation with Volvo and Mercedes.

“These products continue to provide a very important benefit to society and
human life” commented Jan Olsson, Vice President of Autoliv Research. “We
estimate that our side airbags in the field will save at least 15,000 lives over
the years while in service. In addition, we believe there is significant savings
to society in medical and rehabilitation costs related to fewer injuries due to
our side airbags” added Mr. Olsson.

“Our company’s primary focus is to save more lives”, stated Jan Carlson CEO of
Autoliv while presenting his keynote address during a recent employee management
conference. “It gives us a real sense of pride and accomplishment when we hear
from people who have survived automobile crashes because of the products our
dedicated employees design and produce every day”.

Side airbags (both chest side airbags and head curtain side airbags) will become
mandatory on all new light vehicles sold as of September next year according to
federal law. Despite this improvement, only 50% of the passenger light vehicles
produced in the world are currently equipped with side airbags.

Read more about airbags
here (http://www.autoliv.com/ProductsAndInnovations/PassiveSafetySystems/Pages/A
i 
rbags/default.aspx).

Inquiries:

Jan Olsson, Vice President, Autoliv Research                          Tel +46
322 626 260

Henrik Kaar, Director Corporate Communications, Autoliv Inc. Tel +46 8 587 20600
About Autoliv
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 50,000 employees in 29 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 2011 grew by 15% to US
$8.2 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.