---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-216107"
form_type: "8-K"
ticker: "ALV"
cik: "0001034670"
company_name: "AUTOLIV INC"
filed_at: "2026-05-11T15:31:29+00:00"
generated_at: "2026-05-11T17:55:13.984130+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Autoliv to close Türkiye plants, incur $142M pre-tax charge; cuts 2,200 jobs

## Summary
- Closing steering wheel, airbag, and seatbelt plants in Türkiye; production moved to other EMEA sites.
- Expected pre-tax charge ~$142M, majority in Q2 2026; $13M non-cash write-offs, $129M cash for severance.
- Annual pre-tax benefit of $40M beginning 2027, fully realized by 2028.
- ~2,200 employees affected; closure anticipated by first half of 2028.
- Board declared Q2 dividend of $0.87 per share, payable June 8, 2026 to holders of record May 20.

## SEC filing metadata
- accession: 0001193125-26-216107
- form_type: 8-K
- ticker: ALV
- cik: 0001034670
- company_name: AUTOLIV INC
- filed_at: 2026-05-11T15:31:29+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.05, 2.06, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/alv-20260506.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-216107
- JSON: https://secwatch.observer/filing/0001193125-26-216107.json
- Plain text: https://secwatch.observer/filing/0001193125-26-216107.txt

## Key facts
- Restructurings & Charges
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm
- Shareholder Votes
  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
  source text: Ratification of appointment of independent registered public accountants 48,356,171 votes for, 5,916,333 votes against, and 336,037 abstentions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm
- Shareholder Votes
  AUTOLIV INC shareholders approved Election of Directors at the 2026-05-07 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2026-05-07
  source text: The votes cast were as follows: Mr. Mikael Bratt:
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm
- Shareholder Votes
  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
  source text: Advisory vote to approve executive compensation 52,468,386 votes for, 863,561 votes against, and 404,565 abstentions.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1034670/000119312526216107/0001193125-26-216107-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.