Autoliv says to buy rest of India joint venture

Newswire

STOCKHOLM, Oct 29 (Reuters) - Autoliv , the world's biggest seatbelt and airbag maker, said on Monday it had agreed to buy the remaining 50.01 percent of shares it did not already own in an Indian joint venture. Terms were not disclosed. The firm said in a statement the joint venture, which with sales of about $45 million last year has more than 50 percent of the Indian seatbelt market, would now become a fully owned subsidiary of the Autoliv group.

Premium Content (PAID Subscription Required)

"Autoliv says to buy rest of India joint venture" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642
 

Current subscribers, please login or CLICK for support information.

Already registered? here.
Insights

Feb 12, 2016
Video
WardsAuto

Subaru 2.0L Turbo-4 Boxer -- 2016 Award Acceptance

Subaru accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×