Autoliv Closes Türkiye Plants in Cost-Cutting Move

Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The latest update is out from Autoliv ( (ALV) ). On May 8, 2026 Autoliv’s management approved the closure of its steering wheel, airbag and seatbelt manufacturing plants in Türkiye, after determining that EMEA production capacity exceeds future demand. The move will cut about 2,200 jobs and is expected to generate a final pre-tax charge of roughly $142 million in 2026, largely tied to severance and retention, while delivering an estimated $40 million in annual pre-tax savings from 2028. The measures underscore Autoliv’s continued capacity alignment and cost-efficiency drive as it adapts to changing regional demand, with implications for its Turkish workforce and supply footprint in EMEA. Separately, at its May 7, 2026 annual meeting, shareholders re-elected the full board slate, approved executive pay on an advisory basis, ratified the auditor, and the board declared a second-quarter 2026 dividend of $0.87 per share payable in early June to holders of record on May 20. The most recent analyst rating on (ALV) stock is a Hold with a $125.00 price target. To see the full list of analyst forecasts on Autoliv stock, see the ALV Stock Forecast page. Spark’s Take on ALV Stock According to Spark, TipRanks’ AI Analyst, ALV is a Neutral. The score is driven primarily by improved profitability and still-solid cash generation, supported by an attractive valuation (low P/E). Offsetting this are balance-sheet and near-term cash-flow/margin pressures highlighted on the earnings call, plus mixed technical trend signals with the stock below key longer-term moving averages. To see Spark’s full report on ALV stock, click here. More about Autoliv Autoliv, Inc. is a global leader in automotive safety systems, developing, manufacturing and marketing protective technologies such as airbags, seatbelts and steering wheels for major carmakers worldwide. The company also offers mobility safety solutions for commercial vehicles and electrical safety, operates in 25 countries with 13 technical centers and 64,000 employees, and generated 2025 sales of $10.8 billion. Average Trading Volume: 817,398 Technical Sentiment Signal: Strong Buy Current Market Cap: $9.1B