Autoliv (ALIV-SDB.ST) Stock Analysis & Winston Score

Autoliv makes safety parts for cars. Its main products are airbags and seatbelts, which it sells to nearly every major automaker in the world, including Toyota, Volkswagen, and General Motors. Autoliv is the largest maker of automotive safety systems in the world, supplying parts that go into hundreds of millions of vehicles each year. The company earns money by selling its safety components directly to car manufacturers, who install them before the vehicle reaches a dealership. Autoliv operates in more than 25 countries, with major production in Europe, Asia, and the Americas, and generates roughly $9–10 billion in annual revenue. Its deep relationships with automakers and the strict safety regulations that require its products in every new car give it a strong competitive position. The biggest risk it faces is a slowdown in global vehicle production, since fewer cars being built means fewer airbags and seatbelts being ordered.