secwatch / observer
8-K filed May 11, 2026, 11:31 AM ET ticker ALV CIK 0001034670
other material confidence high sentiment neutral materiality 0.75

AUTOLIV INC (ALV): restructuring charge — Autoliv to close Türkiye plants, incur $142M pre-tax charge; cuts 2,200 jobs

AUTOLIV INC

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

AUTOLIV INC announced a restructuring with charges of approximately $142 million affecting Türkiye manufacturing plants (steering wheels, airbags, and seatbelts) (approximately 2,200 employees).

Type
restructuring
Charge
approximately $142 million
Affected area
Türkiye manufacturing plants (steering wheels, airbags, and seatbelts)
Headcount
approximately 2,200 employees
Exact text from the filing
On May 8, 2026, Autoliv, Inc. (the “Company”) management approved a plan to close its manufacturing plants in Türkiye, which manufacture steering wheels, airbags, and seatbelts. Autoliv expects to incur a final pre-tax charge of approximately $142 million to implement these capacity alignments
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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

AUTOLIV INC shareholders approved Ratification of appointment of independent registered public accountants at the 2026-05-07 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2026-05-07
Exact text from the filing
Ratification of appointment of independent registered public accountants 48,356,171 votes for, 5,916,333 votes against, and 336,037 abstentions.
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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

AUTOLIV INC shareholders approved Election of Directors at the 2026-05-07 meeting.

Proposal
director election
Outcome
passed
Meeting
2026-05-07
Exact text from the filing
The votes cast were as follows: Mr. Mikael Bratt:
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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

AUTOLIV INC shareholders approved Advisory vote to approve executive compensation at the 2026-05-07 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2026-05-07
Exact text from the filing
Advisory vote to approve executive compensation 52,468,386 votes for, 863,561 votes against, and 404,565 abstentions.
View on SEC.gov

7 restructurings & charges filed in the last 30 days. Browse all restructurings & charges →

AUTOLIV INC filing history →

Source: SEC EDGAR
accession 0001193125-26-216107
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