Autoliv to Discontinue Manufacturing Operations in Türkiye
Autoliv will gradually close its steering wheel, airbag, and seatbelt plants in Türkiye, affecting about 2,200 employees, as part of a capacity alignment in the EMEA region.
2,200
$142 million
First half 2028
What Happened
Autoliv, the global leader in automotive safety systems, announced it will discontinue manufacturing operations in Türkiye, including production of steering wheels, airbags, and seatbelts. The decision follows a comprehensive assessment of its EMEA operations, which concluded that manufacturing capacity in the region exceeds future demand. Production will be moved to other existing Autoliv facilities, with complete closure expected by the first half of 2028.
Autoliv expects to record the majority of a $142 million pre-tax charge.
Complete closure of manufacturing operations in Türkiye anticipated.
$142 millionUSD
Includes $13 million non-cash write-offs and $129 million cash costs mainly for severance.
“As market conditions shift, we are continuously optimizing Autoliv's manufacturing footprint in the EMEA region to better align our capacity with future demand and strengthen our long-term competitiveness. We recognize that this change is difficult for affected employees and we will approach the situation in a transparent and respectful manner.”
Why this matters
This move reflects how automotive suppliers are restructuring their production networks to adapt to shifting market demand and maintain competitiveness.
Terms in This Story
- Pre-tax charge
- A one-time expense recorded before taxes, often related to restructuring or asset write-offs.
- Capacity alignment
- Adjusting production capacity to match expected future demand.
- EMEA
- Europe, Middle East, and Africa region.
- Severance
- Compensation paid to employees when they are laid off or leave a company.
Summarised from the linked release; details can be imperfect — always verify against the original source.