Autoliv unfazed by China slowdown

Despite recent setbacks in China, Autoliv is hailing its recent third-quarter (Q3) performance as a promising indication of underlying strength that bodes well for Q4. The safety specialist reported a 1% drop in revenue for the July-September period to US$2.2bn, dampened by unfavourable currency effects. However, adjusted for currency translations, revenue shows an 8% improvement year-on-year.