This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Autoliv Becomes “Strategic Supplier” To Great Wall

Regulatory News:

Autoliv, Inc. (NYSE: ALV, and SSE: ALIV sdb) – the global leader in automotive safety – today announced that it has signed a Strategic Cooperation agreement with Great Wall Motor Co., Ltd., in the area of automotive safety systems.

In July Autoliv signed a Strategic Cooperation Agreement in the area of automotive safety with Great Wall Motor Co., Ltd, China’s leading SUV and pickup manufacturer. According to the Agreement, Great Wall Motor and Autoliv will enhance technical cooperation in the area of active and integrated safety on top of the on-going cooperation in passive safety.

Autoliv cooperation with Great Wall Motor started in 2003 when Autoliv developed and supplied seat belt for the Haval SUV. Since then, the business relationship has grown steadily with Autoliv develops and supply safety products and system for a host of Great Wall Motor models such as Florid, Coolbear and Voleex C30. Florid and Coolbear equipped with Autoliv safety products passed the EC Whole Vehicle Type Approval in 2009, while the Voleex C30 with Autoliv developed passive safety system achieved a 5-Star rating in the recent China crash rating program C-NCAP (China New Car Assessment Program).

“Great Wall Motors adopts a two prong growth strategy by focusing on the domestic and international market. However the requirements on entering developed European and North American markets are becoming ever more stringent in the areas of vehicle safety and emission. The purpose of signing this Strategic Cooperation Agreement with Autoliv is to enhance the technical cooperation on active and passive safety,” said Chairman of Great Wall Motors Wei Jianjun.

“Autoliv is proud to be the supplier partner to Great Wall Motor for many of the current production models as well as new models under development. This Strategic Cooperation Agreement will elevate our existing collaborative relationship to a higher level and Autoliv is excited on the opportunity to work with Great Wall Motor on new and leading edge of actively safety,” said George Chang, President of Autoliv China.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,966.17 +253.51 1.43%
S&P 500 2,082.72 +21.70 1.05%
NASDAQ 4,930.6290 +39.41 0.81%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs