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New President for Autoliv Asia

07 Dec '11

2 min read

Autoliv Inc - the worldwide leader in automotive safety systems-today announced that it has appointed Mr. George Chang new President for the region Autoliv Asia. He will succeed Mr. Gunnar Dahlen who will retire in July next year.

Mr. Chang is currently President of Autoliv China, an operation that under his leadership has grown its sales from $10 million in 2000 to more than $1.1 billion this year. He joined Autoliv in 1997 as Regional Purchasing Manager for Autoliv Asia Pacific. George Chang holds a Bachelor Degree in Mechanical (Aeronautical) Engineering from the University of Technology in Malaysia and an MBA from the Heriot Watt University in Edinburgh, Scotland. He was born in 1964 in Malaysia. Mr. Chang will assume his new position on April 1, 2012 and become a Vice President of Autoliv Inc. and member of the executive committee of the Autoliv parent company.

Gunnar Dahlen, who this year turned 65, will retire after 23 years service with Autoliv. He started as the Company's first president of the South East Asian region when Autoliv had only two subsidiaries there (Autoliv Australia Ltd. and Autoliv New Zealand Ltd.)

With currently more than 13,000 employees and 28 plants, Autoliv Asia is expected this year to account for more than 30% of Autoliv's global sales of more than $8 billion.

About Autoliv

Autoliv Inc., along with its joint ventures, has 80 facilities with 48,000 employees in 29 countries. In addition, the Company has 10 technical centers in 9 countries around the world, with 21 test tracks, more than any other automotive safety supplier. Last twelve month sales amount to $8.1 billion, an increase of 13% compared to full year 2010. The Company's shares are listed on the New York Stock Exchange (NYSE: ALV) and its Swedish Depository Receipts on the OMX Nordic Exchange in Stockholm.

Autoliv Inc.