Autoliv Receives Volkswagen Award

Autoliv Receives Volkswagen Award

(Stockholm, June 11, 2007) --- Autoliv, Inc., the worldwide leader in automotive
safety, today announced that it has received a Volkswagen Group Award 2007. The
award was presented to Autoliv by Volkswagen's CEO, Professor Dr. Martin
Winterkorn and to 25 other suppliers that have “played a decisive role in
research & development, product quality, logistics, environ¬ment or
entrepreneurial performance”. Autoliv received its award in recognition of
entrepreneurial perform¬ance in product innovation, cost optimization and
process improvement.

“Our thanks go to all representatives of the award winner suppliers, but in
particular to all the associates in their plants that have made outstanding
efforts,” said Professor Winterkorn at the award ceremony. 

“We are honored and delighted to be recognized for our contributions to
Volkswagen,” said Franz Xaver Weiss, Vice President and responsible for
Autoliv's global Volkswagen business. “This achievement is possible because of
the hard work and dedication of all members of our Volkswagen team, as well as
Autoliv's other 42,000 associates globally who consistently strive to keep
Autoliv in the worldwide leading position in automotive safety.”

Autoliv has partnered with the Volkswagen Group (Audi, Seat, Skoda, Bentley and
Lamborghini) for more than 15 years, providing airbag and seatbelt products
across a variety of platforms. “Our relationship with Volkswagen is highly
valued,” continued Weiss. “This award recognizes our commitment to supporting
Volkswagen as a partner in quality, cost and development. I'm sure there will be
new challenges also in the years to come, but I'm convinced that we will be able
to manage them with success.”

So far, Autoliv has received a record number of 14 awards from customers for its
achievements during 2006. In addition to this award from Volkswagen, the Company
has received one award each from Honda and Hyundai-Kia, two awards from General
Motors, four awards from Ford and five awards from Toyota.


Inquiries: 
Franz Xaver Weiss,  Autoliv V.P. Global Business Volkswagen Group; +49 8131 295
1499


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 42,000 employees in 28 vehicle-producing countries. In addition,
the Company has technical centers in twelve countries around the world,
including 21 test tracks, more than any other automotive safety supplier. Sales
in 2006 amounted to US $6.2 billion. The Company's shares are listed on the New
York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the
Stockholm Stock Exchange (SSE: ALIV).