Is Autoliv a Fortune 500 company?
2 Answers
No, it is only a Fortune 500 company in the United States. Below is relevant information about Autoliv: Company Introduction: Autoliv Inc. (AUTOLIV) is an international multinational corporation established in Sweden in 1956. The company primarily produces automotive electronic safety systems, seat belt systems, electronic control units, and automotive steering wheel systems, among others. Autoliv is the world's largest manufacturer of "automotive occupant protection systems," with over 80 production plants in 28 countries, 20 government-approved crash test centers, and 13 global research and development centers. It employs more than 40,000 people and has an annual sales volume of $6.2 billion. Its stocks are listed in both the United States and Sweden, making it one of the Fortune 500 companies in the U.S. Autoliv has subsidiaries in Germany, France, the UK, Japan, and China. Company Mission: Autoliv takes saving lives as its mission, which is also the common goal passionately pursued by all Autoliv employees worldwide. Through relentless work, countless lives are saved every year. Data shows that every Autoliv employee saves a person from the brink of death in a car accident every three years of work. These achievements reinforce the belief that this is an inspiring and meaningful endeavor, far beyond the scope of a simple job, with the noble mission of saving precious lives.
As an avid car enthusiast who has long studied the stories behind various brands, I know Autoliv is an absolute top player in the automotive safety field. This company specializes in airbags and seat belts, holding a massive global market share and having saved countless lives. But when it comes to the Fortune 500 list, it's ranked by Fortune magazine based on annual corporate revenue, with the entry threshold typically requiring over $20 billion. Autoliv's annual sales hover around $8 billion, still some distance from that scale, so it hasn't made the list. However, size doesn't equal strength—its technological innovations and industry influence far surpass many larger corporations. I recommend keeping an eye on automotive safety trends; Autoliv is definitely a leader. Checking the Fortune list online will give you clearer insights.