Business Services Industry
New Autoliv Technology Recognized by Toyota/Lexus
Business Wire, Oct 3, 2006
STOCKHOLM, Sweden -- Autoliv's (NYSE:ALV)(STO:ALIV) new Seat Cushion Airbag was recently recognized as a key technology for the newly launched Lexus LS460. Autoliv received a Toyota Technology Award for "the world's first frontal airbag for the rear-seat". The award was presented to Autoliv Japan by a Toyota management representative at Toyota's Tahara Plant in Japan.
The new airbag, designed specifically to work in conjunction with Lexus' new reclining relaxation seat system, was recognized for "its innovative space and weight saving features in addition to its contribution to vehicle safety".
Located in the seat cushion, the new airbag works together with the seatbelt system by helping to disperse the impact forces from a collision thereby mitigating potential injuries for rear seat passengers. Through new and innovative concepts, the airbag also achieved significant size and weight reductions over previous concepts.
Autoliv Inc. develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures Autoliv has 80 facilities with nearly 39,000 employees in 30 vehicle-producing countries. In addition, the company has development and engineering centers in six countries around the world, including 20 test tracks, more than any other automotive safety supplier. Sales in 2005 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 OM Stockholm Stock Ex-change (SSE:ALIV).
For high resolution pictures please contact pernilla.eklund@autoliv.com
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