- - -

JOBS

EXECUTIVE JOBS

INVEST IN STOCKHOLM NEWSLETTER

SWEDISH WIRE NEWSLETTER

EMBASSIES/
CONSULATES
IN SWEDEN

RSS FEEDS

STOCKS

FLIGHTS, HOTELS AND HOLIDAYS

- - -
Investment opportunities

Tips from an insider: Five innovative tech startups

Tips from an insider: Stockholm tech start-ups

5 hot life science firms in Stockholm

Stockholm's top five infrastructure projects

Four Stockholm-based ICT firms to watch

Stockholm pioneers life science research

ICT startups offer investment opportunity

Swedish companies ready for exit

Five med-tech investment opportunities

Six cleantech investment opportunities

- - -
Rankings and surveys

Sweden tops English-language skills ranking

Sweden ranked world's best country to grow old

Swedish passport world's best for travellers

Sweden second best country for mothers

Stockholm climbs in competitiveness rankings

Sweden among best countries to be born

Fortune: 'Stockholm top place for startups'

Sweden tops first global Web Index

Sweden world's second most innovative country

Stockholm world's 6th 'best city'

'Cool Stockholm' most competitive Nordic capital

Sweden has (second) best reputation in the world

Sweden among top in Internet download speed

Sweden scores highest in 'Rule of law index'

Stockholm world's No1 in intellectual capital

Sweden the world's most ICT-competitive country

Sweden great place for moms – but Norway better

Swedes place 4th in English skills ranking

Sweden among top ICT countries

Sweden’s 10 greenest brands

‘Sweden needs to sell itself more’

Sweden overtakes the US in competitiveness

Sweden 10th ‘most admired country globally’

Sweden climbs in 'doing business' ranking

Sweden among world's least corrupt nations

Sweden's mortality rates world's second lowest

Sweden a good place to die – but Britain is best

Children in Sweden have best lives

Sweden the most competitive EU nation

Safe to do business with Swedes

How Sweden became an innovation frontrunner

Nordic countries world's most food-secure

Sweden the world’s best country – politically

Swedish firms among world's top brands

Swedish brands climb in global ranking

Sweden tops government ranking - while US lags 

'Swedish model' outranks 'American dream'  

Sweden among world's least corrupt nations

The Swedish Wire is a media production company that provides high-quality text, image and video content for international clients.

Autoliv: Strong Growth for Automatic Battery Disconnects in new Vehicles

Press release published at The Swedish Wire
(Stockholm, September 15, 2011) - - - At the Frankfurt Auto Show, Autoliv Inc. (NYSE: ALV, and SSE: ALIV sdb) - the global leader in automotive safety systems - announced that it is seeing high interest for its Pyrotechnic Safety Switch (PSS) from numerous OEMs for their electric vehicle models as well as for gasoline-powered cars and trucks.

The PSS is an automatic safety switch which utilizes a pyrotechnic initiator to cut the electrical power to a designated portion of the vehicle in a crash. The safety switch is activated by the same crash sensors as the airbags. Cutting the vehicle's electrical power minimizes the potential for a fire caused by a damaged electrical system exposed to flammable liquids or gases.

"Our customers see the Pyrotechnic Safety Switch as a necessary technology for their electric vehicles to automatically and safely cut off the immense stored electrical power to the powertrain and other systems that could be damaged in an accident", stated Jan Carlson, Autoliv's President and CEO.

"For traditional light vehicles and commercial trucks, our customers are utilizing the PSS as an effective, low cost way to minimize the potential for a vehicle fire caused by an accident, thereby preventing people from being injured by the flames - especially if the car occupants are unconscious. This is another example which demonstrates how our products continue to enhance a vehicle's overall safety for the general public" added Carlson.

This year Autoliv expects to produce 1.6 million units of the PSS, mainly on luxury models. Production volumes are expected to more than double over the next three years as more vehicle manufacturers integrate this new safety technology into mid-scale higher volume platforms.

For more information on Autoliv's Pyrotechnic Safety Switch go to http://www.pyroswitch.com (http://www.pyroswitch.com/)

Inquiries:

Christian Cavell, Director - Special Products (Europe)          Tel: +49 151 5805 8022 or

Doug Werth, Director - Special Products (U.S./Asia)             Tel: +1 248 475 0419

 

About Autoliv
Autoliv Inc., with its joint ventures, has 80 facilities with 46,000 employees in 29 countries. In addition, the Company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2010 grew to by 40% to nearly US $7.2 billion. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm (ALIV sdb). For more information about Autoliv, please visit our company website at www.autoliv.com (http://www.autoliv.com/ (http://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 (PSLRA). All such statements are based upon our current expectations, various assumptions, and data available from third parties and apply only as of the date of this report. 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 forward-looking statements will materialize or prove to be correct as these assumptions are inherently subject to risks and uncertainties such as without limitation, changes in general industry and market conditions, changes in and the successful execution of cost reduction initiatives and market reaction thereto, increased competition, changes in consumer preferences for end products, customer losses, bankruptcies, consolidations or restructuring, divestiture of customer brands, fluctuation in vehicle production schedules for which the Company is a supplier, continued uncertainty in program awards and performance, costs or difficulties related to the integration of any new or acquired businesses or technologies, pricing negotiations with customers, our ability to be awarded new business, product liability, warranty and recall claims and other litigation and customer reaction thereto, possible adverse results of pending or future litigation or infringement claims, negative impacts of governmental investigations and litigation related to the conduct of our business, legislative or regulatory changes, dependence on customers and suppliers, as well the risks identified in Item 1A "Risk Factors" in our Annual Report and Quarterly Report on Forms 10-K and 10-Q. Except for the Company's ongoing obligation to disclose information under the U.S. federal securities laws, the Company undertakes no obligation to update publicly any forward-looking statements whether as a result of new information or future events. 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 PSLRA.
This information was distributed by Cision
 

Latest Jobs for English speakers in Sweden

Banner

Jobs for English speakers in Sweden

Banner
Banner
Most Read Searched  
Banner
Banner
Banner