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Autoliv Wins Daimler Award

(Stockholm, March 21, 2012) – – – At the Daimler Key Supplier Meeting in Sindelfingen near Stuttgart, Autoliv Inc. (NYSE: ALV and SSE: ALIV sdb) – the worldwide leader in automotive safety systems – was recognized for its contributions during 2011. Autoliv was selected the winner of the Supplier Award 2011 in the category Interior.
At the award ceremony the Vice President of Procurement Mercedes Benz Cars, Dr. Klaus Zehender, recognized the excellent cooperation between Daimler and Autoliv, which has resulted in several ground-breaking innovations. In his speech, Dr. Zehender specifically named the Collision Prevention Assists system in the new Mercedes B-Class and the “PreSafe” system in the Mercedes E-Class, B-Class and E-Class Coupe. Another successful cooperation according to Dr Zehender was the “BeltBag”, which is a seatbelt with an integrated airbag to reduce the load on the vehicle occupant in severe crashes.
“We are proud and humbled to have been recognized by Daimler as a winner of the prestigious award”, said Autoliv's CEO Jan Carlson who received the award from Dr. Wolfgang Bernhard, member of the Mercedes Benz Board.

This is the sixth award Autoliv has received so far for its contributions to customers during 2011. In November last year, Autoliv received a Supplier Innovation Award from BMW for Autoliv’s new camera-based driver assist system launched in the BMW 1- and 3-series. In February this year, Autoliv received Toyota’s most prestigious supplier recognition, The Global Contribution Award, “for superior quality, delivery, technology, innovation and cost improvement performance”. In China, Autoliv has recently received a Gold Award from Volkswagen Shanghai, an Excellent Supplier Award from Great Wall and an Excellent Development Supplier Award from First Automotive Works.
 From Press release

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