Autoliv reported Q2 2026 net sales of $2,803 million, a 3.3% increase, with a 1.0% organic sales growth. Diluted EPS decreased 38% to $1.35, while adjusted operating margin was 9.6%. The company announced it will discontinue manufacturing operations in Türkiye, expecting total restructuring charges of $142 million and annual pre-tax savings of $40 million starting in 2027. A quarterly dividend of $0.87 per share was paid in the quarter. Autoliv is an automotive safety company that develops and manufactures airbags, steering wheels, and seatbelts.

Kevin Fox, President of Autoliv Americas, notified the company of his intent to resign, with his current role ending August 31, 2026, followed by a transition to an executive senior advisor role through February 28, 2027. Anthony Nellis, EVP Legal Affairs, General Counsel, and Secretary, will serve as acting President, Autoliv Americas, starting September 1, 2026, with a 30% base salary increase during his interim period. Autoliv, Inc. is a provider of automotive safety systems and automotive safety technology.