Autoliv, Inc. (NYSE:ALV) Files An 8-K Other Events
Item8.01
| Other Events. |
On January3, 2017, Autoliv, Inc. (the Company) announced that it
has entered into a final agreement with Volvo Cars to form a
joint venture to develop the next generation of autonomous
driving and driver assistance programs. The final agreement is
based upon a letter of intent that was entered into by the
parties in the fall of 2016. A copy of the Companys press release
announcing entry into a final agreement for the joint venture is
attached hereto as Exhibit 99.1 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 January3, 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 down -0.14 at 113.76 with 972,221 shares trading hands.