Autoliv cuts full-year outlook after fall in Q2 profit

By:

ESHA VAISH

By:

Reuters

July 19, 2019 11:56 AM

STOCKHOLM -- Sweden's Autoliv cut its 2019 sales growth outlook on Friday, as the car safety equipment maker became the latest casualty of a deteriorating global auto industry to report weaker than expected quarterly earnings.

Featured Stories

Nissan says it’s here to stay at show-and-tell, plans wave of 10 products by ’27 in ‘critical’ U.S.

Nissan robotaxi contortions expose self-driving roadblocks for Japan’s automakers

Scammers are pushing auto loan fraud to record levels

GM expanding use of regional hubs to pool inventory for dealers

Latest News

Tesla emissions pool adds Honda, Suzuki to Stellantis, Toyota and Ford

Waymo robotaxis racked up $65,000 in San Francisco parking tickets last year

VW’s largest shareholder Porsche SE looking to diversify investments

Nissan says it’s here to stay at show-and-tell, plans wave of 10 products by ’27 in ‘critical’ U.S.

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

Steel maker Cleveland-Cliffs plans layoff of 600 Detroit area workers, citing weak auto production

German suppliers explore opportunities in the defense industry

Major automakers stop tracking spending with minority-owned suppliers amid DEI pullback

Why Continental predicts rapid brake-by-wire uptake

Staying current is easy with newsletters delivered straight to your inbox.