Chery names Autoliv China as 'Supplier of the Year'

Shanghai, January 15 (Gasgoo.com) The China-based subsidiary of Autoliv Inc., a global leader in automotive safety, has won the prestigious 2009 "Supplier of the Year" award from Chery Auto, said the Business Wire.

Chery Auto, one of the top 10 Chinese automakers, made the announcement during their annual supplier meeting held in Dalian, northeast China. The award was given to Autoliv Vehicle Safety Systems (ACS) of Shanghai, China in recognition for their excellent performance in quality, delivery and overall commercial and project development.

"We are very honored for this recognition by Chery for our accomplishments in China," stated George Chang, President of Autoliv China. "This is a testament of the dedication and teamwork of our skilled associates at ACS" added Chang.

"China now represents almost 10% of our company sales and we are quickly approaching 30% market share in China for our core products of seatbelts and airbags," said Jan Carlson, President and CEO of Autoliv.

Autoliv develops and manufactures seatbelts including pretensioners along with frontal and side airbags, steering wheels and safety electronics to Chery for the local Chinese and export markets.