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Stock impact report

Autoliv and JMC Form Strategic Partnership for Innovation and Expansion

Autoliv, Inc. (ALV) 
Last autoliv, inc. earnings: 4/24 06:00 am Check Earnings Report
US:NYSE Investor Relations: autoliv.com/investors
Company Research Source: PR Newswire
STOCKHOLM, Dec. 12, 2024 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) (SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that Jiangling Motors Co., Ltd (JMC), a renowned Chinese automotive manufacturer, and Autoliv (Shanghai) Management Co., Ltd, will start a new strategic cooperation to advance innovation and support global expansion.JMC is a leading company in China's commercial vehicle industry and a new force in the field of passenger vehicles. Autoliv has supplied seatbelts to JMC since 1997.The new strategic cooperation aims to leverage the companies' respective strengths and enhance global presence together. Efficient supply chain and modularization are expected to create new global market opportunities."This strategic partnership highlights Autoliv's commitment to building long-term relationships with key industry partners like JMC. Together, we will advance automotive safety technologies by bringing new innovations to market that redefine safety a Show less Read more
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