Autoliv reports 28% surge in sales of active safety systems New Information Tech

Autoliv has reported its Q3 2014 financial results with a strong performance by its Advanced Driver Assistance Systems (ADAS) division.

Sales of Active Safety products (automotive radar, night vision systems and vision camera with driver assist systems) surged 28.4% to $123.4 million year over year. Excluding positive currency effects, organic sales improved 29.2%. The increase can be attributed to strong sales of all products. Strong demand for radar and night vision products by Daimler for Mercedes-Benz as well as for radar products by Honda Motor’s Acura and Fiat’s Chrysler helped. There was also strong demand for vision products by BMW.

Source: Autoliv


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