News: Automotive equipment

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2000

 

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Scania offensive: 160 buses for Nordic customers

Scania offensive:
160 buses for Nordic customers

In the last week, Scania has received orders for a total of 160 city and
intercity buses from a number of the biggest bus operators in the Nordic
region. Most of the orders also include Scania's total service package.

"The orders illustrate the success of the Scania total concept, which
includes a service and repair contract,"...

Volvo Truck deliveries

VOLVO TRUCKS DELIVERIES, JANUARY-NOVEMBER 2000

Deliveries from Volvo Trucks between January and November 2000 totalled
74,432 trucks, distributed as follows:

1999 2000
Europe, total 37,939 41,714 +10
of which
Western 35,366 37,939 +7
Europe
Eastern 2,573 3,775 +47
Europe
North...

US competition authorities give clearance

U.S. COMPETITION AUTHORITY GIVES CLEARANCE TO AB VOLVO'S ACQUISITION OF
RENAULT V.I. /MACK

Volvo and Department of Justice have entered into a consent decree which
is awaiting approval by U.S. district court in Washington D.C. Thereby AB
Volvo has now received clearance from the U.S. Department of Justice for
the acquisition of Renault V.I. /Mack. AB Volvo and Renault SA expect to

Changed outlook for the full year 2000

The Group's result for October-November has been affected by increased
costs related to the development and introduction of new products in the
Brake Systems division, as well as by lower business volumes for the Group
in North America.

Therefore, the 4th quarter's result is expected to be substantially
weaker, and the full year result and profit margin are estimated to be
lower...

Autoliv Awarded New Strategic Contract - Contributes to a doubling of electroni...

Autoliv Awarded New Strategic Contract
- Contributes to a doubling of electronics sales

(Stockholm, December 11, 2000) -- Autoliv Inc. (NYSE: ALV and SSE: ALIV),
the worldwide leader in automotive safety systems, has received a contract
for its new occupant sensing system for advanced airbags from a leading
U.S. car manufacturer. Production will start in the fall of 2003, when the

Autoliv Comments on Volumes and Earnings Expectations

Autoliv Comments on Volumes
and Earnings Expectations

(Stockholm, December 11, 2000) -- Autoliv Inc. (NYSE: ALV and SSE: ALIV),
the worldwide leader in automotive safety systems, announced today that it
expects earnings per share for the current fiscal year and 2001 to be
below current average markets estimates of $1.95 and $2.15, respectively.
Some of the negative trends that...

Autoliv's Stockholder Meeting and Next Dividend

(Stockholm, Dec. 7, 2000) -- The Board of Directors of Autoliv Inc. (NYSE:
ALV and SSE: ALIV), the worldwide leader in automotive safety systems, has
set April 24, 2001, as the date for the Annual General Meeting of
Stockholders. The meeting will be held in Chicago.

Holders of record at the close of business on February 26, 2001 will be
entitled to be present and vote at the Meeting....

New Head of Sales and Marketing Overseas at Scania

Per-Erik Lindquist has been appointed Senior Vice President, Sales and
Marketing Overseas. He will succeed to the position on 1 January 2001 and
will also join the company's Group Management at that time.
Per-Erik Lindquist is currently MD of Scania's Belgian subsidiary, Scania
Belgium.

He will succeed Claes Torén, Senior Vice President, Sales and Marketing
Overseas, who will...

Scania appoints new Chief Financial Officer

Jan Gurander has been appointed Chief Financial Officer (CFO) of Scania.

He will succeed to the post during the second quarter of 2001, at which
time he will also join the company's Executive Board.

Jan Gurander, 39, who is currently head of the Finance business unit of
the Volvo Group, held a similar position at Scania until 31 December 1999.

He will succeed Arne Karlsson,...

Autoliv Sells OEA Aerospace

(Stockholm, November 30, 2000) - - Autoliv Inc. (NYSE: ALV) - the
worldwide leader in automotive safety systems - announced today that it
has agreed to sell substantially all of the assets of OEA Aerospace, Inc.,
to BFGoodrich - a global supplier of aerospace components, systems and
services. The companies expect to complete the cash transaction by year
end or early January 2001, pending...