[x] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2000,

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD
FROM_____________TO___________

Title of each class:

Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports); and (2) has been subject to such filing requirements for the past 90 days.
Yes: [X] No: [ ]

Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K.[ ]

The aggregate market value of the Common Stock held by non-affiliates, based
upon the closing price on the New York Stock Exchange-Composite Transaction
Listing on March 21, 2001: $ 1,465 million.

Number of shares of Common Stock outstanding as of March 22
2001:97,797,266

DOCUMENTS INCORPORATED BY REFERENCE

1. Portions of Annual Report to Shareholders for the fiscal year ended
December 31, 2000 (the "Annual Report"), are incorporated by reference into Parts I ,II, III and IV.

2. Portions of definitive Proxy Statement dated March 5, 2001, for the annual stockholders meeting to be held April 24, 2001 (the "2001
Proxy Statement"), are incorporated by reference into Part III.

3. Certain Exhibits of Registration Statement on Form S-4 (File #333-23813)
(the "Registration Statement")are incorporated by reference into Part IV.

PART I
Item 1. Business*

General

Autoliv, Inc. ("Autoliv"), a Delaware holding corporation with principal
executive offices in Stockholm, Sweden, which owns two principal subsidiaries,
Autoliv AB ("AAB" or "Autoliv AB") and Autoliv ASP, Inc. ("ASP").

Shares of Autoliv common stock are traded on the New York Stock Exchange
under the symbol "ALV" and Swedish Depositary Receipts representing shares of Autoliv common stock trade on the OM Stockholm Stock Exchange under the symbol "ALIV." Options in Autoliv shares are listed on the Chicago Board
Options Exchange under the symbol "ALIV." Autoliv's fiscal year ends on December 31.

AAB, a Swedish corporation, is a leading developer, manufacturer and supplier to the automotive industry of car occupant restraint systems. Starting with seat belts in 1956, AAB expanded its product lines to include seat belt pretensioners (1989), frontal airbags (1991), side-impact airbags (1994), steering wheels (1995) and seat sub-systems (1996).

ASP, an Indiana Corporation, pioneered airbag technology in 1968 and has since grown into one of the world's leading producers of airbag modules and inflators. ASP designs, develops and manufactures airbag inflators, modules and airbag cushions, seat belts and steering wheels. It sells inflators and modules for use in driver, passenger, side-impact and knee bolster airbag systems for worldwide automotive markets.

_______________________________

* THIS FORM 10-K CONTAINS STATEMENTS WHICH ARE NOT HISTORICAL FACTS BUT FORWARD-LOOKING STATEMENTS THAT INVOLVE RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY'S RESULTS TO DIFFER MATERIALLY FROM WHAT IS PROJECTED, INCLUDING THE FOLLOWING: HIGHER RAW MATERIAL COSTS OR OTHER EXPENSES; A MAJOR LOSS OF CUSTOMERS; INCREASED COMPETITIVE PRICING PRESSURE ON THE COMPANY'S BUSINESS; FAILURE TO DEVELOP OR COMMERCIALIZE SUCCESSFULLY NEW PRODUCTS OR TECHNOLOGIES; THE OUTCOME OF PENDING AND FUTURE LITIGATION AND GOVERNMENTAL PROCEDURES; CHANGES IN LAWS OR REGULATIONS, INCLUDING ENVIRONMENTAL; PLANT DISRUPTIONS OR SHUTDOWNS DUE TO ACCIDENTS, NATURAL ACTS OR GOVERNMENTAL ACTION; PRODUCT LIABILITY AND RECALL ISSUES; AND OTHER DIFFICULTIES IN IMPROVING MARGIN OR FINANCIAL PERFORMANCE. IN ADDITON, THE COMPANY'S FORWARD LOOKING STATEMENTS COULD BE AFFECTED BY GENERAL INDUSTRY AND MARKET CONDITIONS AND GROWTH RATES, GENERAL DOMESTIC AND INTERNATIONAL ECONOMIC CONDITIONS INCLUDING CURRENCY EXCHANGE RATE FLUCTUATIONS AND OTHER FACTORS. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE PUBLICLY ANY FORWARD-LOOKING STATEMENTS WHETHER AS A RESULT OF NEW INFORMATION OR FUTURE EVENTS.

Business

Autoliv is one of the world's leading suppliers of automotive occupant safety restraint systems with a broad range of product offerings including modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seat belts, steering wheels, safety seats and other safety systems and products. Autoliv has production facilities in 29 countries and has as customers almost all of the world's largest car manufacturers.

Autoliv employs approximately 28,000 people and its head office is located in Stockholm, Sweden and employs about 35 people. Autoliv's sales in 2000 were $4.1 billion, approximately 70% of which consisted of airbags and associated products and approximately 30% of which consisted of seat belts and associated products. Autoliv's major markets are in Europe and the United States.

Financial Information on Segments

Autoliv considers its products to be components of integrated car passenger protection systems, which fall within a single industry segment. The financial data relating to Autoliv's business in such segment over the last three fiscal years is contained in the Financial Statements of the Annual Report (pages 23-34 of the printed report) and is incorporated herein by reference. A statement of net sales by product group for the last three years is contained in Note 17 of the Notes to Consolidated Financial Statements of the Annual Report and is incorporated herein by reference.

Financial Information on Geographic Areas

Financial information concerning Autoliv's geographic areas is included in Note 17 in the Notes to Consolidated Financial Statements of the Annual Report, and is incorporated herein by reference.

Products, Market and Competition

Information concerning products, markets and competition is included in the sections entitled "The Market" and "Autoliv's Safety Systems" in the Annual
Report and is incorporated herein by reference (pages 10 through 13 in the printed report).

Major Customers

Information concerning major customers is included in the section entitled "The Market" in the Annual Report and is incorporated herein by reference (page 10 in the printed report).

Research and Development

Expenses incurred for research and development activities were $195.7 million, $197.3 million and $176.2 million for the years ended December 31, 2000, 1999 and 1998. Further information is included in the section entitled "Research and Development" of the Annual Report and is incorporated herein by reference (pages 14 and 17 in the printed report).

Manufacturing and Production

Including joint venture operations, Autoliv has approximately 80 wholly or partially owned production facilities located in 29 countries, consisting of both component factories and assembly factories. See "Item 2. Properties" for a description of Autoliv's principal properties. The component factories manufacture inflators, initiators, textile cushions, webbing materials, electronics, pressed steel parts, springs and overmoulded steel parts used in seat belt and airbag assembly, seat subsystems, and steering wheels. The assembly factories source components from a number of parties, including Autoliv's own component factories, and assemble complete restraint systems for "just-in-time" delivery to customers. The products manufactured by Autoliv's wholly owned assembly factories in 2000 consisted of almost 60 million complete seat belt systems (nearly 30 million of which were fitted with pretensioners), and about 43 million airbag modules (including almost 17 million side impact airbags).

Autoliv's "just-in-time" delivery systems have been designed to accommodate the specific requirements of each customer for low levels of inventory and rapid stock delivery service. "Just-in-time" deliveries require manufacturing in geographic areas close to the customers which allows for rapid delivery to customers. The fact that the major automobile manufacturers are continually expanding production activities into more countries and require the same or similar safety systems as produced in Europe, Japan or the US increases the importance to suppliers of having production capacity in several countries. Mergers and acquisitions among the customers also further this trend.

Automobile manufacturers are seeking competitive quotes from suppliers and demand significant staged price reductions over a product's life cycle. In line with its customers' purchasing strategies, Autoliv has implemented cost-saving programs which management believes will help reduce Autoliv's own material, production and administrative costs.

If the supply of raw materials and components is not disrupted, the Autoliv assembly operations generally are not constrained by capacity considerations.
Autoliv can adjust capacity in response to changes in demand within a few weeks by the addition or removal of standardized production and assembly lines. Most of Autoliv's assembly factories can make sufficient space available to accommodate additional production lines to satisfy foreseeable increases in capacity.

Quality Management

Autoliv's products face extremely high reliability requirements. In order to meet high customer quality requirements and internal production efficiency requirements, Autoliv has for several years operated an advanced quality management system. The system is a zero defect rate system and is based upon preventive principles involving the measurement of a number of quality indicators. By reference to best practice within its industry segment, Autoliv has developed quality benchmarks applied throughout Autoliv and places great emphasis on continually improving the quality of its products, customer service and production processes.

All wholly-owned Autoliv subsidiaries (except for recently acquired companies) with direct deliveries to car manufacturers are certified according to ISO 9000 (as defined below). Most of Autoliv's joint ventures are also ISO 9000 certified. "ISO 9000", a quality assurance management system endorsed by European nations and many other countries, is a checklist of functions, policies and rules, considered necessary to assure the quality of a company's products and services.

Virtually all Autoliv companies (except for recently acquired companies) in North America and Europe are also certified according to QS-9000, an automotive quality standard. Virtually all of the remaining subsidiaries and joint ventures will be certified before the end of the year.

Sources and Availability of Raw Materials and Components

Autoliv's business uses many raw materials in the manufacture of its products, nearly all of which are generally available from a number of qualified suppliers. Peaks in worldwide demand have had an impact on raw material costs and availability, particularly with single or sole sourced supplies. Autoliv's business, however, has not generally experienced significant or long-term difficulty in obtaining raw materials.

Autoliv's Dependence on Suppliers

Autoliv may be dependent in certain instances on a single supplier for certain components.

Delays or stoppages in the delivery of components could result in Autoliv being unable to supply complete products to its customers. Such delays or stoppages could result in Autoliv's customers having to halt their own production processes, which might result not only in loss of income to Autoliv on the reduced volume of supplied products but also in the customer seeking recoupment for consequential losses incurred due to its own lost production.

Global Operations

An important element of Autoliv's strategy has been to establish joint ventures to promote Autoliv's geographical expansion and technological development and to gain assistance in marketing Autoliv's full product line to local automobile manufacturers. Total sales of Autoliv's joint venture operations to outside customers aggregated approximately $ 328 million in 2000. These joint venture operations are accounted for according to the equity method.

Autoliv typically contributes its design and production knowledge to the joint venture, with the local partner providing sales support and manufacturing facilities. Some of these local partners manufacture and sell standardized seat belt systems, but will, through the joint venture with Autoliv, be able to upgrade their technology to meet specific customer demands. In addition to joint ventures established in emerging markets, Autoliv has also, in certain instances, established joint ventures in markets such as France, either to strengthen its sales position or to gain access to the market.

Autoliv joint ventures and foreign subsidiaries may be subject to the usual risks inherent in global operations, including, but not limited to: risks with respect to currency exchange rates; economic and political destabilization; other disruption of markets; restrictive laws and actions of certain governments (such as restrictions on transfers of funds, export duties and quotas, foreign customs and tariffs, and unexpected changes in regulatory environments); difficulty in obtaining distribution and support; nationalization; and the laws and policies of the United States, the European Union, and the World Trade Organization affecting trade, investment and loans; and tax laws.

There can be no assurance that these factors will not have a material adverse impact on Autoliv's ability to increase or maintain its international sales or on its results of operations.

Patents and Proprietary Technology

Autoliv has developed a considerable amount of proprietary technology related to car occupant restraint systems and relies on a number of patents to protect such technology. Autoliv protects many of its innovations with patents, and vigorously protects and defends its patents, trademarks and know-how against infringement and unauthorized use. At present, Autoliv holds approximately 3,000 patents covering a large number of innovations and product ideas, mainly in the fields of seat belt and airbag technologies. In addition, Autoliv utilizes, and has access to, the patents of Autoliv's joint ventures and joint venture partners. These patents expire on various dates during the period 2001 to 2021. The expiration of any single patent is not expected to have a material adverse effect on Autoliv's financial position.

Although Autoliv believes that its products and technology do not infringe the proprietary rights of others, there can be no assurance that third parties will not assert infringement claims against Autoliv in the future. In addition, there can be no assurance that any patents now owned by Autoliv, will afford protection against competitors that develop similar technology.

Dependence on the Automotive Industry

The customers of Autoliv are automobile manufacturers whose production volumes are dependent upon general economic conditions and the level of consumer spending. The volume of car production in Autoliv's most important markets in Europe, North America, and Asia has fluctuated from year to year, and such fluctuations will give rise to fluctuations in the demand for Autoliv's products.

Substantial Reliance by Autoliv on Major Customers

A relatively small number of automobile manufacturers compose the existing customer base of Autoliv. Although business with any given customer is typically split into several contracts (usually one contract per car model), the loss of all of the business of certain customers could have a material adverse effect on Autoliv. Combined sales to Autoliv's largest customer represented approximately 20% and the largest contract 4% of total fiscal 2000 sales. See Note 16 to the Notes to Consolidated Financial Statements of the Annual Report, which is incorporated herein by reference.

Autoliv's Pricing Pressures

As a consequence of the major automobile manufacturers' strong purchasing power, and the competitive pressures on car occupant restraint system suppliers to increase such suppliers' manufacturing capabilities, the unit prices of airbag systems and seat belts will continue to decline in the future. In addition, similar to other automobile component manufacturers, Autoliv expects that Autoliv and its subsidiaries will, under certain circumstances, quote fixed or maximum prices for long-term supply arrangements. The future profitability of Autoliv will depend upon, among other things, its ability to continue to reduce its per unit costs and maintain a cost structure, internally and with its suppliers, that will enable it to remain cost-competitive. Autoliv's profitability may also be influenced by its success in designing and marketing technological improvements in car occupant restraint systems.

Product Recalls

The possibility of substantial product recalls could pose a significant commercial risk to Autoliv in the future. Autoliv carries product recall insurance with coverage limits that Autoliv management believes are sufficient to cover potential product recalls. A substantial product recall that is not covered by insurance or results in liabilities in excess of any coverage limits could have a material adverse effect on the financial condition and operating results of Autoliv.

Seasonality and Backlog

Autoliv's business is not subject to significant seasonal fluctuations.
There are no material backlogs in Autoliv's business.

Certain Regulatory Matters and Developments

The automotive safety industry is subject to substantial regulation, both in the United States and in many other countries, which may affect the demand for Autoliv's products and Autoliv's manufacturing and development costs. These regulations are subject to frequent review by applicable regulatory authorities and other governmental entities, and are subject to change. In the United States, current federal legislation requires driver-side and passenger-side airbags in all new passenger cars, effective September 1, 1997, and in all new light vehicles (unloaded vehicle weight of 5,500 pounds or less), effective September 1, 1998. Changes in regulations could have a material adverse impact on Autoliv's operations and financial condition. Such regulations are subject to a number of factors that are not within the control of Autoliv, including adverse publicity regarding the safety risks of airbags to children and small adults, domestic and foreign political developments, and litigation relating to Autoliv's and its competitors' products. There can be no assurance that regulatory developments or adverse publicity will not adversely affect customer demand for automotive safety products of Autoliv's business. Such changes could also result in slower increases, or in decreases, in demand for automotive safety products in other countries.

In June 1998 President Clinton signed into law the "Transportation Equity Act for the 21st Century (TEA-21)", the omnibus highway transportation spending bill passed by Congress. Contained within this bill was a provision that directs the Department of Transportation to initiate a federal rulemaking procedure for the purpose of mandating testing protocols and phase-in schedules for advanced or "smart" restraints.

In May 2000, the final regulations (No. NHTSA 00-7013, Notice 1) were issued, requiring 35 % of all light vehicles sold in the United States between September 1, 2003 and August 31, 2004 to be in compliance with the new regulations. The following model year 65 % of all new vehicles shall be in compliance with the regulations and during the third model year 100 %. The new regulations are expected to increase the unit price for frontal airbag system, and thereby increase the North American airbag market, but also have ripple effects on other markets.

Environmental

Since 1996, Autoliv has had an environmental plan, which is based on Autoliv's environmental policy (see the Company's web site: autoliv.com/overview). According to the plan, all Autoliv plants and units should become certified according to ISO 14001, an international standard for environmental management systems. So far, over 50% of Autoliv's plants (excl. recently acquired plants) have been certified according to the standard, including all major plants in Europe and North America.

Autoliv has no pending environmental related problems to the best of Autoliv's management's knowledge.

Employees

At December 31, 2000, Autoliv and its subsidiaries had approximately 28,000 employees.

Autoliv considers its labor relations to be good and has not experienced any major strike or other significant labor dispute for many years.

The majority of Autoliv's employees in its subsidiaries in Sweden are unionized. The principal unions to which Autoliv's Swedish employees belong are the Swedish Metal Workers Union, the Swedish Union of Clerical and Technical Employees in Industry, the Swedish Foremen and Supervisors' Association and the Swedish Association of Graduated Engineers. Important unions to which some of Autoliv's employees in subsidiaries in countries other than Sweden belong are IG Metall and Textil und Bekleidung in Germany, Amalgamated Engineering and Electrical Union in the United Kingdom, the Metal Workers Union in Australia, the Union of Needletraders and Industrial and Textile Employees in the United States, Confederation Generale des Travaileurs in France and Federacion Minerometalurgica, Union General de Trabajadores and Comisiones Obereras in Spain.

In Sweden, wages and general working conditions are typically the subject of centrally negotiated collective bargaining agreements. Within the limits established by these agreements, Autoliv's subsidiaries negotiate directly with the local unions representing the employees. In Australia, France and
Spain, wages, salaries and general working conditions are negotiated with the local unions. In Germany, wages but not salaries are negotiated with the local unions, while in the United Kingdom and the United States there is far less union involvement in establishing wages, salaries and working conditions than in, for instance, Germany.

Under Swedish law, Autoliv's subsidiaries must negotiate important changes in operations and working conditions with the unions representing its employees. Although these negotiations may from time to time affect the timing of certain management decisions and actions, Autoliv's experience is that such negotiations contribute to good labor relations. In many other countries (e.g. Germany, Spain and France), negotiations must take place when a company wishes to dismiss employees and under certain other circumstances.

Employees in the Netherlands and Germany are represented by legally mandated workers' councils or similar organizations.

Item 2. Properties

Autoliv's various businesses operate through a number of production facilities and offices. Autoliv believes its properties to be adequately maintained and suitable for their intended use and its production facilities to have a capacity adequate for its current and foreseeable needs.

Combination Agreement, dated as of November 25, 1996, by and among
Autoliv AB, Morton International, Inc., Autoliv and ASP Merger Sub Inc. (the "Combination Agreement", incorporated herein by reference to Exhibit 2.1(a) to the Registration Statement. Autoliv agrees to furnish supplementally a copy of any omitted exhibit or schedule to the Securities and Exchange Commission (the "Commission") upon request.

Distribution Agreement, dated as of April 30, 1997, by and between Morton International, Inc. and New Morton International Inc., incorporated herein by reference to Exhibit 2.2 to the Registration Statement. Autoliv agrees to furnish supplementally a copy of any omitted exhibit or schedule to the Commission upon request.

Tax Sharing Agreement, dated as of April 30, 1997, by and between Morton International, Inc. and New Morton International Inc. incorporated herein by reference to Exhibit 2.3 to the Registration Statement. Autoliv agrees to furnish supplementally a copy of any omitted exhibit or schedule to the Commission upon request.

Employee Benefits Allocation Agreement, dated as of April 30,
1997, by and between Morton International, Inc. and New Morton
International Inc., incorporated herein by reference to Exhibit
2.4 to the Registration Statement, Autoliv agrees to furnish
supplementally a copy of any omitted exhibit or schedule to the
Commission upon request.

Autoliv's Restated Certificate of Incorporation incorporated herein by reference to Exhibit 3.1 to the Registration Statement.

Autoliv's Restated By-Laws incorporated herein by reference to
Exhibit 3.2 to the Registration Statement.

Rights Agreement dated as of December 4, 1997 between Autoliv and First Chicago Trust Company of New York incorporated herein by reference to Exhibit 3 to Autoliv's Registration Statement on Form 8-A (File No. 1-12933).

Information concerning the calculation of Autoliv 's earnings per share is included in Note 1 of the Consolidated Notes to Financial Statements contained in the Annual Report and is incorporated herein by reference.

Autoliv's Annual Report to Shareholders for the fiscal year ended December 31, 2000.

Autoliv's Subsidiaries

No matters were submitted to Autoliv's stockholders during the fourth quarter of 2000.

Consent of Ernst & Young AB.

Amendment No. 1 to Autoliv, Inc 1997 Stock Incentive Plan

The Company did not file any reports on Form 8-K for the three months ended December 31, 2000.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized, as of the 29 day of March, 2001.

AUTOLIV, INC.
(Registrant)
By /s/ Hans Biorck

Hans Biorck
Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities indicated, as of the 29 day of March, 2001.

LIST OF SUBSIDIARIES OF THE COMPANY

Autoliv AB (Sweden)
Autoliv Holding, Inc (Delaware)
US Autoliv ASP, Inc. (Indiana)
Autoliv GmbH (Germany)
Autoliv Sicherheitstechnik GmbH (Germany)
Autoliv Stakupress GmbH (Germany)
Autoliv Autosicherheitstechnik GmbH (Germany)
Autoliv Romania SA (Romania) (80%)
Autoliv KFT (Hungary)
Societe Franco Suedoise d 'Investissement SA (France)
Autoliv France SNC (France)
Autoliv IsoDelta SA (France)
Livbag SA (France) (66%)
Autoliv Composants SNC (France)
NCS Pyrotechnie et Technologies SA (France)
Autoliv Electronics SAS (France)
Autoliv Italia spa (Italy)
Autoliv KLE, S.A.U. (Spain)
Autoliv BKI SA (Spain)
Autoliv Ltd (UK)
Airbags International Ltd (UK)
Tensator Ltd (UK)
Autoliv Holding Ltd (UK)
Autoliv UK Holding Ltd (UK)
Autoliv BV (The Netherlands)
Van Oerle Alberton BV (The Netherlands)
Van Oerle Alberton Holding BV (The Netherlands)
Van Oerle Alberton International BV (The Netherlands)
Marling B.V. (The Netherlands)
Autoliv Holding B.V. (The Netherlands)
Autoliv ASP B.V. (The Netherlands)
Autoliv Overseas BV (The Netherlands)
General Engineering (The Netherlands)
Autosafety Holdings BV (The Netherlands)
Automotive Safety Products BV (The Netherlands)
Autoliv Australia Proprietary Ltd (Australia)
Van Oerle Webco Pty Ltd (Australia)
Autoliv Canada, Inc (Canada)
Van Oerle Alberton Colfab, Inc (Canada)
Autoliv do Brasil Ltda. (Brazil)
Autoliv Cankor Otomotiv Emniyet (Turkey)
Autoliv Thailand Ltd (Thailand) (85%)
Autoliv Philippines Inc (Philippines) (75%)
Autoliv Southern Africa Pty Ltd (South-Africa)
Autoliv Argentina SA (Argentina)
Autoliv Mexico SA de CV (Mexico)
Autoliv Poland Sp. z. o. o. (Poland)
Autoliv Sverige AB (Sweden)
Autoliv Electronics AB (Sweden)
Svensk Airbag AB (Sweden)
Autoliv Hammarverken AB (Sweden)
Autoliv Mekan AB (Sweden)
Autoflator AB (Sweden)
Autoliv Japan Ltd (Japan)
Autoliv Nichiyo K.K. (Japan) (60%)
Autoliv Izumi Japan Ltd. (Japan) (99%)
Autoliv Phillipines Izumi Co (Phillipines) (99%)
Norma AS (Estonia) (51%)
Autoliv Safety Technology, Inc (U.S.A)
Autoliv Safety Technology de Mexico S.A. de C.V. (Mexico)
OEA, Inc (U.S.A)
Autoliv (Shanghai) Safety Systems Co. Ltd (China)(60%)
Autoliv Components Mexico, S. de R.L. de C.V. (Mexico)
Autoliv New Zealand Ltd.(New Zealand)

All subsidiaries are wholly-owned unless otherwise indicated.

The names of certain subsidiaries, which considered in the aggregate would not
constitute a "significant subsidiary" as such term is defined in the
regulations under the federal securities laws, have been omitted from the
foregoing list.

EXHIBIT 23

CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in this Annual Report
(Form 10-K) of Autoliv Inc. of our report dated January 25, 2001,included in the 2000 Annual Report to the Shareholders of Autoliv Inc. We also consent to the incorporation by reference in the Registration Statements (Forms S-8 No. 333-26299 and No. 333-26303) pertaining to the Autoliv, Inc. 1997 Stock Incentive Plan and Autoliv ASP Employee Investment Plan of Autoliv Inc., respectively, of our report dated January 25, 2001, with respect to the consolidated financial statements of Autoliv Inc. incorporated by reference in this Annual Report (Form 10-K)for the year ended December 31, 2000.

/s/ Ernst & Young AB
Torbjorn Hanson

Stockholm, Sweden
March 28, 2001