Autoliv to switch procurement to low-cost countries

Newswire

STOCKHOLM, May 26 (Reuters) - Sweden's Autoliv , the world's largest producer of seat belts and airbags, said on Wednesday it would switch more procurement to low-cost countries and said it saw big savings. "It is becoming increasingly important for us to buy material from low-cost countries and we are moving a bigger and bigger part of our procurement to them. The savings potential is enormous," Chief Executive Lars Westerberg told Reuters.

Premium Content (PAID Subscription Required)

"Autoliv to switch procurement to low-cost countries" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×