DETROIT, Sept. 12, 2017 /PRNewswire/ -- Adient (NYSE:
ADNT) the world's leading automotive seating supplier, and Autoliv,
Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in
automotive safety systems, are collaborating to address vehicle
seating challenges presented by designs for the future car and the
incorporation of autonomous driving.
The interior of automated driving vehicles will play an
important role, as drivers and passengers will spend more time on
non-driving activities. Once vehicles have the capability to be
computer-driven, passengers will demand far more flexibility from a
vehicle's interior space than ever before, resulting in alternative
seating positions to relax, work and socialize. At the same time,
completely new safety and comfort challenges arise with these
flexible car using opportunities. By looking beyond traditional
forward-facing seats, Adient and Autoliv feel this development
agreement will create optimal integrated products and solutions to
address these challenges.
Even in automated vehicles, seatbelts, pretensioners and buckles
remain the primary means of restraint should an accident occur. The
cooperation between Adient and Autoliv will initially be focused on
optimal integration of Autoliv's safety components into the
non-traditional seating arrangements of the future car and on
enhancing existing seat-mounted airbag systems and new far-side
systems for Euro NCAP. The target for offering these solutions is
the second half of 2018.
Future plans include the co-development of highly integrated
solutions for enhanced safety, comfort and convenience for future
mobility. Both companies are also interested in investigating the
potential value in expanding to non-automotive applications if
necessary to keep people safe as they travel or commute.
"This is a tremendously exciting time for the automotive
industry, with mobility on the cusp of a fundamental disruption.
With our world-class technologies and capabilities, we are more
than ready to provide the next generation of advanced vehicle
seating systems," said R. Bruce
McDonald, Adient Chairman and Chief Executive Officer.
"Working with Autoliv means combining the strengths of two leading
companies to improve safety, comfort and convenience in the
interior of future autonomous vehicles."
"Our purpose is to provide the latest technology and the highest
quality to save more lives," said Mikael
Bratt, President, Autoliv Passive Safety. "Utilizing our
global engineering resources to reinforce occupant safety remains
our top priority, and working with Adient provides the ultimate
package upgrade to give consumers confidence and added assurance
that their vehicle is equipped with advanced interior
protection."
About Adient:
Adient is a global leader in automotive seating. With 75,000
employees operating 230 manufacturing/assembly plants in 33
countries worldwide, we produce and deliver automotive seating for
all vehicle classes and all major OEMs. From complete seating
systems to individual components, our expertise spans every step of
the automotive seat making process. Our integrated, in-house skills
allow us to take our products from research and design all the way
to engineering and manufacturing – and into more than 25 million
vehicles every year. For more information on Adient, please visit
adient.com.
About Autoliv:
Autoliv, Inc., the worldwide leader in automotive safety systems,
develops and manufactures automotive safety systems for all major
automotive manufacturers in the world. Together with its joint
ventures, Autoliv has more than 80 facilities and 70,000 employees
in 27 countries. In addition, the company has 22 technical centers
in ten countries around the world, with 19 test tracks, more than
any other automotive safety supplier. Sales in 2016 amounted to
about US$10.1 billion. The company's
shares are listed on the New York Stock Exchange (NYSE: ALV) and
its Swedish Depository Receipts on the Nasdaq Stockholm (ALIV sdb).
For more information about Autoliv, please visit our company
website at www.autoliv.com.
Cautionary Statement Regarding Forward-Looking
Statements:
Adient plc has made statements in this document that are
forward-looking and, therefore, are subject to risks and
uncertainties. All statements in this document other than
statements of historical fact are statements that are, or could be,
deemed "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. In this document,
statements regarding Adient's future financial position, sales,
costs, earnings, cash flows, other measures of results of
operations, capital expenditures or debt levels and plans,
objectives, outlook, targets, guidance or goals are forward-looking
statements. Words such as "may," "will," "expect," "intend,"
"estimate," "anticipate," "believe," "should," "forecast,"
"project" or "plan" or terms of similar meaning are also generally
intended to identify forward-looking statements. Adient cautions
that these statements are subject to numerous important risks,
uncertainties, assumptions and other factors, some of which are
beyond Adient's control, that could cause Adient's actual results
to differ materially from those expressed or implied by such
forward-looking statements, including, among others, risks related
to: the ability of Adient to meet debt service requirements, the
availability and terms of financing, general economic and business
conditions, the strength of the U.S. or other economies, automotive
vehicle production levels, mix and schedules, energy and commodity
prices, the availability of raw materials and component products,
currency exchange rates, and cancellation of or changes to
commercial arrangements. A detailed discussion of risks related to
Adient's business is included in the section entitled "Risk
Factors" in Adient's Annual Report on Form 10-K for the fiscal year
ended September 30, 2016 filed with
the SEC on November 29, 2016 and
quarterly reports on Form 10-Q filed with the SEC, available at
www.sec.gov. Potential investors and others should consider these
factors in evaluating the forward-looking statements and should not
place undue reliance on such statements. The forward-looking
statements included in this document are made only as of the date
of this document, unless otherwise specified, and, except as
required by law, Adient assumes no obligation, and disclaims any
obligation, to update such statements to reflect events or
circumstances occurring after the date of this document.
In addition, this document includes certain projections provided
by Adient with respect to the anticipated future performance of
Adient's businesses. Such projections reflect various assumptions
of Adient's management concerning the future performance of
Adient's businesses, which may or may not prove to be correct. The
actual results may vary from the anticipated results and such
variations may be material. Adient does not undertake any
obligation to update the projections to reflect events or
circumstances or changes in expectations after the date of this
document or to reflect the occurrence of subsequent events. No
representations or warranties are made as to the accuracy or
reasonableness of such assumptions or the projections based
thereon.
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SOURCE Adient