According to an external report, on October 19, 2010, the Swedish automotive safety system company, Autoliv, announced that Autolif has acquired 51% of Beijing Delphi Automotive Safety Products (hereinafter referred to as “BDSâ€). Shares.
BDS is a joint venture between Delphi and Beijing Hainachuan Auto Parts Co., Ltd. It is expected that sales will reach US$30 million in 2010.
Otolive president and CEO Jan Carlson said that the acquisition consolidated the position of Autoliv in the Chinese automotive industry.
Autolif expects sales in China in 2010 to grow by 50% to over US$700 million.
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