Autoliv Expanding in Passive Safety Market

Autoliv Expanding in Passive Safety Market

(Stockholm, April 9, 2010) --- Autoliv Inc. (NYSE: ALV), the worldwide leader in
automotive safety, has agreed to acquire Delphi's Pyrotechnic Safety Switch
(PSS) assets in Europe. These assets are expected to generate close to $10
million USD of annualized sales in 2010.

Under the terms of the agreement announced today, Autoliv will acquire certain
assets relating to the Delphi PSS business in Europe. The transaction includes
intellectual property and physical assets serving  customers such as Daimler,
Audi and Porsche.

In the event of an accident, the pyrotechnic safety switch (PSS) or “battery
dis-connect” is activated by the deployment of the airbag. The PSS cuts
(isolates) the battery from the vehicle starter and alternator, which helps
prevent short circuits and reduces the likelihood of a resulting fire.

The PSS technology is based on existing airbag technologies and provides a
reliable, fast and safe way to disconnect power in emergency situations.
Applications for electric and hybrid vehicles include crash protection of
vehicle wiring circuits and associated battery storage systems. This technology
can also be applied in most light vehicles and heavy commercial vehicles.

 “This acquisition supplements our efforts to grow in the passive safety market
and in particular supports our focus on improving safety in vehicles using not
only traditional combustable engines but alternative fuel technologies such as
hybrids or batteries,” stated Jan Carlson, President and CEO of Autoliv. “With
the trend towards smaller vehicles and alternative energies in many light
vehicles, the demand for products such as the PSS will likely become more
important in the future,” added Carlson.

This transaction is expected to close by April 30, 2010, subject to regulatory
approvals and customary closing conditions.

Inquiries: 
Jan Carlson, President and CEO, Autoliv Inc., Tel +46 (0)8 587 20 600
Gunter Brenner, President Autoliv Europe, Tel + 49 8131 295 1198
Ray Pekar, Director IR and Business Development, Tel +1 519 973 3799

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 80 facilities with
approximately 38,000 associates 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 2009 amounted to US
$5.1 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.

About Delphi 
Delphi is a leading global supplier of electronics and technologies for autos,
commercial and other vehicles.Delphi has more than 100,000 employees at 270
locations and 24 engineering centers in 32 countries. More information regarding
the company may be found at www.delphi.com. 

Safe Harbor Statement
This press release contains statements that are not historical facts but rather
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 (PSLRA). All such statements are based upon our
current expectations, various assumptions, and data available from third parties
and apply only as of the date of this report. Our expectations and assumptions
are express¬ed in good faith and we believe there is a reasonable basis for
them. However, there can be no assurance that forward-looking statements will
materialize or prove to be correct as these assumptions are inherently subject
to risks and uncertainties such as without limitation, changes in general
industry and market conditions, increased competition, changes in consumer
preferences for end products, customer losses, bankruptcies, consolidations or
restructuring, divestiture of customer brands, fluctuation in vehicle production
schedules for which the Company is a supplier, continued uncertainty in program
awards and performance, costs or difficulties related to the integration of any
new or acquired businesses or technologies, pricing negotiations with customers,
product liability, warranty and recall claims and other litigations, possible
adverse results of pending or future litigation or infringement claims,
legislative or regulatory changes, dependence on customers and suppliers, as
well the risks identified in Item 1A “Risk Factors” in our Annual Report on Form
10-K for the year ended December 31, 2009.  Except for the Company's ongoing
obligation to disclose information under the U.S. federal securities laws, the
Company undertakes no obligation to update publicly any forward-looking
statements whether as a result of new information or future events.. For any
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