Autoliv, Inc. (NYSE:ALV) Files An 8-K Other Events
Item8.01
| Other Events. |
On April18, 2017, Autoliv, Inc. (the Company) announced the
completion of its joint venture with Volvo Cars, creating a new
company called Zenuity that will develop the next generation of
autonomous driving and driver assistance programs. As previously
announced, the Company entered into a definitive agreement for
the joint venture with Volvo Cars in January 2017. A copy of the
Companys press release announcing the completion of the joint
venture and start of operations of Zenuity is attached hereto as
Exhibit99.1 to this Current Report on Form 8-K and is
incorporated herein by reference.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | EXHIBITS |
| 99.1 | Press Release dated April18, 2017 |
About Autoliv, Inc. (NYSE:ALV)
Autoliv, Inc. is a developer, manufacturer and supplier to the automotive industry of automotive safety systems. The Company operates through two segments: Passive Safety and Electronics. Passive Safety segment includes airbags, seatbelts and steering wheels. Electronics segment includes active safety products, such as camera-based vision systems, night driving assist, automotive radars, brake controls and other active safety systems, and passive safety electronic products, such as restraint electronics and crash sensors. Passive safety systems manage vehicle safety and include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems passive safety electronic products, such as restraint electronics and crash sensors. Active safety systems intervene before a collision to make accidents avoidable or to reduce impact. Autoliv, Inc. (NYSE:ALV) Recent Trading Information
Autoliv, Inc. (NYSE:ALV) closed its last trading session 00.00 at 97.64 with 269,063 shares trading hands.