STOCKHOLM, Sept 12, 2017 /PRNewswire/ --Autoliv, Inc.
(NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive
safety systems, and Adient (NYSE: ADNT), the world's leading
automotive seating supplier, are collaborating to address vehicle
seating challenges presented by designs for the future car and the
incorporation of autonomous driving.
The interior of automated driving vehicles will play an
important role, as drivers and passengers will spend more time on
non-driving activities. Once vehicles have the capability to be
computer-driven, passengers will demand far more flexibility from a
vehicle's interior space than ever before, resulting in alternative
seating positions to relax, work and socialize. At the same time,
completely new safety and comfort challenges arise with these great
opportunities of future mobility. By looking beyond traditional
forward-facing seats, Autoliv and Adient feel strongly this
development agreement will create optimal integrated products and
solutions to address these challenges.
Even in automated vehicles, seatbelts, pretentioners and buckles
remain the primary restraint if an accident were to occur. The
cooperation between Autoliv and Adient will initially be focused on
optimal integration of Autoliv's safety components into the
non-traditional seating arrangements of the future car and on
enhancing existing seat-mounted airbag systems and new far-side
systems for Euro NCAP. Customer target offering for these solutions
will be the second half of 2018.
Future plans include the co-development of highly integrated
solutions for enhanced safety, comfort and convenience for future
mobility. Both companies are also interested in investigating the
potential value in expanding to non-automotive applications if
necessary to keep people safe however and wherever they travel or
commute.
"Our purpose is to provide the latest technology and the highest
quality to save more lives," said Mikael
Bratt, President, Autoliv Passive Safety. "Utilizing our
global engineering resources to reinforce occupant safety remains
our top priority, and working with Adient provides the ultimate
package upgrade to give consumers confidence and added assurance
that their vehicle is equipped with advanced interior
protection."
"This is a tremendously exciting time for the automotive
industry, with mobility on the cusp of a fundamental disruption.
With our world-class technologies and capabilities, we are more
than ready to provide the next generation of advanced vehicle
seating systems," said R. Bruce
McDonald, Adient Chairman and Chief Executive Officer.
"Working with Autoliv means combining the strengths of two leading
companies to improve safety, comfort and convenience in the
interior of future autonomous vehicles.
"As vehicular travel becomes increasingly electronics-based,
more social and highly collaborative, attention could be diverted
from key aspects of the driving experience, namely seating position
and the seat itself. The seat of the future is one that will be
re-imagined, given the added time people will spend on the road due
to developed efficiencies seating construction, materials and
transportation technology.
Inquiries:
Thomas Jönsson
Vice President Corporate Communications
Tel: +46-8-587-206-27
About Autoliv
Autoliv, Inc., the worldwide leader in automotive safety
systems, 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 and 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
the Nasdaq Stockholm (ALIV sdb). For more information about
Autoliv, please visit our company website at
www.autoliv.com.
About Adient
Adient is a global leader in automotive seating. With 75,000
employees operating 230 manufacturing/assembly plants in 33
countries worldwide, we produce and deliver automotive seating for
all vehicle classes and all major OEMs. From complete seating
systems to individual components, our expertise spans every step of
the automotive seat making process. Our integrated, in-house skills
allow us to take our products from research and design all the way
to engineering and manufacturing – and into more than 25 million
vehicles every year. For more information, please visit
adient.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, including statements regarding the
ability of the parties to successfully collaborate, 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 any such statement, except as required by
law.
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