World's Largest Maker of Airbags and Seatbelts Autoliv Pops on Strong Results
Autoliv(ALV) Investopedia·2024-10-18 17:30
Key TakeawaysAutoliv shares surged Friday after the world’s largest maker of airbags and seatbelts reported strong third-quarter results, despite a drop in light vehicle production globally.The company said it saw substantial outperformance in Europe and Asia, except for China.Despite Friday's gains, shares remained lower for 2024. Autoliv (ALV) shares surged Friday after the world’s largest maker of airbags and seatbelts reported strong third-quarter results, despite a drop in light vehicle production ami ...