What is "autoliv"

Autoliv is a Swedish-American company with headquarters in Stockholm, Sweden, and Auburn Hills, Michigan that in 1997 sprung from the merger of the Swedish company Autoliv AB and Morton Automotive Safety Products, Inc., a division of the American firm Morton International.

Autoliv develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures Autoliv has over 80 facilities with 60,000 employees in 29 countries. In addition, the company has 18 development and engineering centers in 9 countries around the world, including 20 test tracks, more than any other automotive safety supplier. The company's shares are listed on the New York Stock Exchange and its Swedish Depository Receipts on the OMX Stockholm Stock Exchange. As of December 2015, the company is valued at slightly upwards of 11 billion US Dollars in the NYSE.