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UNITED STATES
SEC URITIES AND EXC HANGE C OMMISSION

WASHINGTON, DC 20549

F ORM 8-K

C URRENT REPORT

Pursuant to Section 13 OR 15 (d) of the Securities and Exchange Act of 1934.

Date of Report (Date of earliest event reported) February 24, 2009

AUTOLIV, INC.

(Exact name of registrant as specified in its chapter)

Delaware 001-12933 51-0378542

(State or other jurisdiction (C ommission File Number) (I.R.S. Employer
of incorporation) Identification No.)

World Trade Center,

Klarabergsv iadukten 70, SE-107 24
Stockholm, Sweden

(Address of principal executive offices)

Registrant's telephone number, including area code +46 (0)8 587 20 600

Not Applicable

(Former name or former address, if changed since last report)

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Item 7.01 Regulation F D Disclosure

On February 24, 2009, Autoliv, Inc. (“the C ompany”) issued a press release announcing that the C ompany has updated its guidance
for the first quarter 2009. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated herein by
reference.

The information in this Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it
be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as
shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(c) EXHIBITS

99.1 Press Release of Autoliv, Inc. dated February 24, 2009.

SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.

Date AUTOLIV, INC.

February 24, 2009 (Registrant)

/s/Lars A. Sjöbring
Lars A. Sjöbring
Vice President - Legal Affairs,
General C ounsel and Secretary

Exhibit 99.1

Logo

Autoliv’s Annual Report Available

Company Updates its Guidance
(Stockholm, F ebruary 24, 2009) – – – Autoliv (NYSE: ALV and SSE: ALIV) has filed its F orm 10-K, which includes the
Company’s 2008 annual report, with the Securities and Exchange Commission (SEC). The documents will soon be
av ailable electronically at Autoliv ’s corporate website www.autoliv .com, under the section “Inv estors/ F ilings” and
“Inv estors/Financial Reports”, respectiv ely. The 10-K will also be av ailable at the SEC Edgar website www.sec.gov.

As part of finalizing these documents, the C ompany has analyzed the latest light vehicle production schedules, the latest events in
its industry and its financial position. With a further decline in global light vehicle production expected for the current quarter and
given the current uncertainty surrounding customer and supplier viability, Autoliv has updated its guidance for operating margin for
the first quarter 2009 to a negative range of 5-10% (from a previously negative range of 5-7%), excluding severance and
restructuring costs. Given current exchange rates, the negative currency effects on consolidated sales are now estimated to amount
to approximately 10% (previously 5%). However, the C ompany’s indicative outlook for the full year 2009 remains unchanged,
which is reflected in the documents that will be filed today with the SEC .

This guidance for the quarter as well as the indication for the full year are based on current outlook for light vehicle production and
on other current assumptions.

As of January 31, Autoliv’s account receivables on General Motors and C hrysler in North America amounted to approximately $50
million, combined. Upcoming capital market debt maturities during the remainder of 2009 amount to $284 million compared to $952
million on January 31 in cash and unutilized long-term credit facilities. There are no financial covenants (i.e. performance-related
restrictions) for these credit facilities.

Proxy Materials
Hard copies of the Annual Report will be available as of March 27, as will other documents for the 2009 Annual General Meeting of
Stockholders. Shareholders in Autoliv Inc. on the Record Date, March 9, 2009, will be entitled to participate in and vote at the
Annual General Meeting which will be held on May 6, 2009 in C hicago, and those shareholders will receive a Notice of Internet
Availability of Proxy Materials by regular mail on or around March 31, 2009. This notice will include instructions on how to access the
Proxy Materials electronically to vote on-line or receive hard copies of the Proxy Materials to vote by regular mail.

General inquiries for hard copies of the 10-K and annual report can be requested on-line at the company website anytime, for
distribution after March 27, 2009.

Inquiries:
Jan C arlson, President & C EO. Tel +46-8-587-20-600
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Safe Harbor Statement

This press release contains statements that are not historical facts but rather forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such forward-looking statements are those that address activities, events or
developments that the C ompany or its management believes or anticipates may occur in the future, including statements relating to
industry trends, business opportunities, sales contracts, sales backlog, and on-going commercial arrangements and discussions, as
well as any statements about future operating performance or financial results. In some cases, you can identify these statements
by forward-looking words such as "estimates" and "expects" although not all forward-looking statements are so identified.
All such forward-looking statements, including without limitation, management's examination of historical operating trends and data,
are based upon our current expectations and various assumptions, including data available from third parties, and apply only as of
the date of this release. Our expectations and beliefs are expressed in good faith and we believe there is a reasonable basis for
them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as these
assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are
beyond our control. Because these forward-looking statements involve risks and uncertainties, the outcome could differ materially
from those set out in the forward-looking statements for a variety or reasons, including without limitation, changes in and the
successful execution of the action program discussed in our annual report on Form 10-K for the fiscal year ended December 31,
2008 and the market reaction thereto, changes in general industry and market conditions, increased competition, higher raw
material costs, particularly commodity and energy costs, changes in consumer preferences for end products, customer losses and
changes in regulatory conditions, customer bankruptcies or consolidations, divestiture of customer brands, the economic outlook for
the C ompany's markets, fluctuation of foreign currencies, fluctuation in vehicle production schedules for which the C ompany is a
supplier, market acceptance of our new products, continued uncertainty in program awards and performance, the financial results
of companies in which Autoliv has made technology investments, pricing negotiations with customers, fluctuating fuel and
commodity prices and other costs, supply issues, product liability, warranty and recall claims and other litigation, possible adverse
results of pending or future litigation or infringement claims, legislative or regulatory changes, political conditions, dependence on
customers and suppliers, as well the risks identified in Item 1A "Risk Factors" in our Form 10-K for the year ended December 31,
2008.
Except for the C ompany's ongoing obligation to disclose information under the U.S. federal securities laws, the C ompany
undertakes no obligation to update publicity or revise any forward-looking statements whether as a result of new information or
future events. For any forward-looking statements contained in this or any other document, we claim the protection of the safe
harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and we assume no obligation
to update any such statements.