At the Subaru of Indiana Automotive Inc. (SIA) Supplier Ceremony at Purdue University in West Lafayette, Indiana, Autoliv Inc. (STO:ALIVSDB)(NYSE:ALV) – the worldwide leader in automotive safety systems – was recognized with the “Excellence in Partnership” award for continued cooperation and commitment to Subaru.
At the award ceremony, Motokiyo Nomura, President and CEO of SIA presented Autoliv with the award which recognizes suppliers for excellent cooperation on new design proposals which improve cost, performance and reliability for products supplied to Subaru. This cooperation has led to Autoliv recently being awarded incremental new business on the next generation Subaru Outback and Subaru Legacy vehicles, two of the strongest selling models under the Subaru brand.
In addition to this, Autoliv recently received yet another award from Toyota. This is in addition to the Toyota Group’s most prestigious award, The Global Contribution Award, that Autoliv received a few weeks ago in Japan. This time Autoliv received the Excellent Supplier Award for “Value Improvement” from Shigeki Terashi, President & COO of Toyota Motor Manufacturing in North America (TEMA) at the Annual Supplier Business meeting held in Covington, Kentucky. Autoliv was recognized for exceeding the expectations for cost, weight and product performance improvements.In parallel, Autoliv was recognized with three awards by Toyota in Europe (TME) at their Annual Business meeting which was held at the Toyota technical center in Zaventem, Brussels. At this ceremony Hiroyuki Ochiai, TME Executive Vice President presented Autoliv with the Achievement Award for Cost Improvement as well as two recognition awards for Quality and Project management. This brings the total number of awards that Autoliv has received for its contributions to customers during 2011 to ten. In addition to Toyota and Subaru, the list of customers who have recognized Autoliv with awards for 2011 include BMW, Daimler, Great Wall, First Automotive Works and Volkswagen in China. For a complete list of the 2011 customer accomplishments please visit our corporate website at www.autoliv.com. About Autoliv
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV