Autoliv sees sales drop after Q4 earnings fall less than expected

Newswire

STOCKHOLM, Jan 31 (Reuters) - Autoliv, the world's biggest maker of car safety equipment like seatbelts and airbags, said it expected a sharp sales fall in the first quarter of 2013 after reporting a smaller than expected drop in fourth quarter earnings. Pretax profit for the fourth quarter fell of 2012 to $170 million from $211 million in the same period of 2011, ahead of the average forecast in a Reuters poll of $157 million. It said in a statement that light ...

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