“We are excited and honoured to be a supplier to Chrysler Group LLC on this high profile model”, said Autoliv CEO Jan Carlson. “Historically, Autoliv has been a major supplier of safety systems to both Chrysler Group and Fiat S.p.A., however thanks to our strong global presence and technology leadership, particularly in small car safety restraint systems, we have been entrusted with more Fiat 500 business,” added Carlson.

The new American market destined Fiat 500 is now being manufactured at Chrysler Group's Toluca Assembly Plant in Toluca, Mexico. The new Fiat 500 marks Chrysler Group's entry into the A-segment and is now available in the new Fiat dealerships in North America. In Europe, the Fiat 500 has been a very successful model in the small car segment of the automotive market.

For the Fiat 500 being manufactured in Central America, Autoliv will produce both front and rear seatbelts, frontal airbags (driver, passenger and driver side knee airbag), side-impact airbags for pelvic and thorax protection and side curtain airbags for head protection as well as the steering wheel. Autoliv also supplies the passenger airbag and driver knee airbag for the Fiat 500 in Europe.

Autoliv is a worldwide leader in automotive safety systems, which develops and manufactures automotive safety systems for all major automotive manufacturers in the world. Together with its joint ventures, Autoliv has 80 facilities with 46,000 employees in 29 countries. In addition, the company has ten technical centers in nine countries around the world, with 21 test tracks, more than any other automotive safety supplier. Sales in 2010 grew to by 40 percent to nearly US$7.2 billion.