Autoliv reaches additional antitrust settlements

(Stockholm, Sweden, March 25, 2015) – – – Autoliv, Inc. (NYSE: ALV and SSE:
ALIVsdb) today announced that it has reached agreements regarding additional
settlements to resolve certain direct purchasers’ global (including U.S.) or non
-U.S. antitrust claims which were not covered by its earlier U.S. direct
purchaser antitrust class action settlement. The total amount of these
additional settlements is $81 million. The effect on Autoliv’s first quarter
2015 reported operating income is expected to be around $77 million.

In entering into these settlements, Autoliv does not admit any liability and is
settling for the purpose of avoiding the uncertainty, risk, expense and
distraction of potential litigation or other adversarial proceedings and in the
interest of maintaining positive relationships with its customers.

As noted in its Annual Report filed with the SEC, Autoliv is still subject to
ongoing antitrust investigations and civil litigation. For additional
information see Note 16 Contingent Liabilities to the consolidated financial
statements included in our Annual Report for the year ended December 31, 2014.

Inquiries:

Thomas Jönsson, Vice President Communications      Tel +46 (8) 58 72 06 27
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 60,000 employees in 28 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 2014 amounted to US
$9.2 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 (ALIVsdb). For more information about Autoliv, please visit our
company website at www.autoliv.com.

Safe Harbor Statement

This report contains statements that are not historical facts but rather forward
-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements include those that address
activities, events or developments that Autoliv, Inc. or its management believes
or anticipates may occur in the future. All forward-looking statements,
including without limitation, management’s examination of historical operating
trends and data, as well as estimates of future sales, operating margin, cash
flow, effective tax rate or other future operating performance or financial
results, are based upon our current expectations, various assumptions and data
available from third parties. Our expectations and assumptions are expressed in
good faith and we believe there is a reasonable basis for them. However, there
can be no assurance that such forward-looking statements will materialize or
prove to be correct as forward-looking statements are inherently subject to
known and unknown risks, uncertainties and other factors which may cause actual
future results, performance or achievements to differ materially from the future
results, performance or achievements expressed in or implied by such forward
-looking statements. Because these forward-looking statements involve risks and
uncertainties, the outcome could differ materially from those set out in the
forward-looking statements for a variety of reasons, including without
limitation, changes in global light vehicle production; fluctuation in vehicle
production schedules for which the Company is a supplier, changes in general
industry and market conditions, changes in and the successful execution of our
capacity alignment, restructuring and cost reduction initiatives discussed
herein and the market reaction thereto; loss of business from increased
competition; higher raw material, fuel and energy costs; changes in consumer and
customer preferences for end products; customer losses; changes in regulatory
conditions; customer bankruptcies or divestiture of customer brands; unfavorable
fluctuations in currencies or interest rates among the various jurisdictions in
which we operate; component shortages; market acceptance of our new products;
costs or difficulties related to the integration of any new or acquired
businesses and technologies; continued uncertainty in pricing negotiations with
customers, our ability to be awarded new business; product liability, warranty
and recall claims and other litigation and customer reactions thereto; higher
expenses for our pension and other postretirement benefits; work stoppages or
other labor issues; possible adverse results of pending or future litigation or
infringement claims; negative impacts of antitrust investigations or other
governmental investigations and associated litigation (including securities
litigation) relating to the conduct of our business; tax assessments by
governmental authorities and changes in our effective tax rate; dependence on
key personnel; legislative or regulatory changes limiting our business;
political conditions; dependence on and relationships with customers and
suppliers; and other risks and uncertainties identified under the headings “Risk
Factors” and “Management’s Discussion and Analysis of Financial Condition and
Results of Operations” in our Annual Reports and Quarterly Reports on Forms 10-K
and 10-Q and any amendments thereto. The Company undertakes no obligation to
update publicly or revise any forward-looking statements in light of new
information or future events. For any forward-looking statements contained in
this or any other document, we claim the protection of the safe harbor for
forward-looking statements contained in the Private Securities Litigation Reform
Act of 1995, and we assume no obligation to update any such statement.