Autoliv to close manufacturing operations
Photo: Claudio Bresciani/TT

Autoliv to close manufacturing operations in Turkey

Autoliv is winding down its manufacturing operations in Turkey, the car safety group said in a press release. The move affects 2,200 employees and is estimated to cost Autoliv $142 million.

“Production in Turkey will be moved to Autoliv's other existing facilities in the EMEA region, and the complete closure of manufacturing operations in Turkey is expected to occur in the first half of 2028,” Autoliv writes.

The majority of the costs are expected to be booked in the second quarter of 2026.

Autoliv's stock did not move significantly after the announcement.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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