NYSE:ALVAuto Components
Autoliv (ALV) Is Down 5.6% After Türkiye Plant Exit Plan Is Announced – Has The Bull Case Changed?
Earlier in May 2026, Autoliv announced it will gradually discontinue its manufacturing operations in Türkiye by the first half of 2028, shifting steering wheel, airbag and seatbelt production to other EMEA plants and recording an estimated US$142 million pre-tax charge, mostly in the second quarter of 2026.
This capacity realignment, affecting about 2,200 employees and largely driven by structural shifts in the automotive industry, highlights how Autoliv is reshaping its EMEA footprint to...