Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Autoliv Inc.    ALV

Delayed Quote. Delayed  - 09/22 10:02:02 pm
125.21 USD   +0.63%
09/15 AUTOLIV : It takes two
09/14 GKN CEO to retire, aerospace head to lead UK engineering firm
09/14 AUTOLIV, INC. ( : ALV) Files An 8-K Regulation FD Disclosure
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Autoliv : to supply Geely radar systems for autonomous driving

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/14/2017 | 09:01am CEST

(Stockholm, Sweden, 14 September, 2017) - Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, has been selected by Geely to develop an industry leading 77GHz high-resolution radar systems for autonomous driving.

Geely, a leading Chinese car manufacturer, awarded Autoliv a 77GHz high-resolution radar contract for its commitment and unique strength in technology development, innovation and manufacturing of high quality products. Earlier this year, Geely awarded Autoliv a mono-vision camera system contract. Radar and vision systems are essential to the advancement of autonomous driving.

Autoliv's high-resolution radars allow for increased detection points, leading to improved ability to understand free space, better object separation in multiple target environments, and more precise detections in blind spot warning and rear cross traffic alert. Autoliv's 77GHz radar systems see oncoming vehicles and autonomously manage lane changes during highway driving.

Autoliv's mono-vision systems are comprised of advanced image-processing algorithms that identify objects such as vehicles, road markings and road signs. Autoliv's mono-vision cameras can detect children and bicyclists, enable the vehicle to brake automatically and classify objects in the front and rear of the vehicle. Autoliv's mono-vision systems achieve 5-Star NCAP safety in North America, Europe and China.

"Autoliv and Geely believe in safety, sustainability and staying at the forefront of technology," says Johan Löfvenholm, President, Autoliv Electronics. "Winning this business with Geely puts Autoliv on the map for supplying vision and radar systems in North America, Europe and now China, driving our vision of saving more lives globally."
[image]

Inquiries:

Thomas Jönsson, Vice President Corporate Communications. Tel: +46 8 587 206 27

About Autoliv

Autoliv, Inc. is the worldwide leader in automotive safety systems, and through its subsidiaries 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 70,000 employees in 27 countries. In addition, the Company has 22 technical centers in ten countries around the world, with 19 test tracks, more than any other automotive safety supplier. Sales in 2016 amounted to about US $10.1 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on Nasdaq Stockholm (ALIV sdb). 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 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. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements. 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 publicly or revise any such statements in light of new information or future events, except as required by law.

http://news.cision.com/autoliv/r/autoliv-to-supply-geely-radar-systems-for-autonomous-driving,c2346332

http://mb.cision.com/Main/751/2346332/722410.pdf

http://news.cision.com/autoliv/i/alv-cars-ot-track,c2220787

(c) 2017 Cision. All rights reserved., source Press Releases - English

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AUTOLIV INC.
09/15 AUTOLIV : It takes two
09/15 AUTOLIV : to supply Geely Radar Systems for autonomous driving
09/14 GKN CEO to retire, aerospace head to lead UK engineering firm
09/14 AUTOLIV, INC. (NYSE : ALV) Files An 8-K Regulation FD Disclosure
09/14 AUTOLIV INC : Regulation FD Disclosure, Financial Statements and Exhibits (form ..
09/14 AUTOLIV : to supply Geely radar systems for autonomous driving
09/14 Autoliv eyes split into two listed companies
09/14 AUTOLIV : Holds Capital Markets Day - Sets 2020 Targets
09/14 AUTOLIV : Initiates Strategic Review of Separating its Business Segments, Passiv..
09/14 AUTOLIV : holds Capital Markets Day – sets 2020 targets
More news
News from SeekingAlpha
09/14 Autoliv (ALV) Investor Presentation - Slideshow
09/14 Autoliv (ALV) Investor Presentation - Slideshow
09/14 CONSUMER - TOP GAINERS / LOSERS AS O : 00 pm
09/14 A splitting trend in the auto supplier sector
09/14 PREMARKET GAINERS AS OF 9 : 05 am
Financials ($)
Sales 2017 10 387 M
EBIT 2017 876 M
Net income 2017 535 M
Debt 2017 514 M
Yield 2017 1,91%
P/E ratio 2017 20,29
P/E ratio 2018 17,63
EV / Sales 2017 1,09x
EV / Sales 2018 1,01x
Capitalization 10 815 M
Chart AUTOLIV INC.
Duration : Period :
Autoliv Inc. Technical Analysis Chart | ALV | US0528001094 | 4-Traders
Technical analysis trends AUTOLIV INC.
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 117 $
Spread / Average Target -5,9%
EPS Revisions
Managers
NameTitle
Jan Carlson Chairman, President & Chief Executive Officer
Mats Backman Chief Financial Officer & Group VP-Finance
Steven R. Fredin CTO & Group VP-Business Development
Jim M. Ringler Lead Independent Director
Robert W. Alspaugh Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
AUTOLIV INC.8.34%10 815
CONTINENTAL15.38%50 706
DENSO CORP11.20%39 927
JOHNSON CONTROLS INTERNATIONAL PLC-2.94%37 277
DELPHI AUTOMOTIVE PLC50.02%26 962
MAGNA INTERNATIONAL INC.10.90%19 430