04:03 AM EDT, 05/08/2026 (MT Newswires) -- Autoliv (ALIV-SDB.ST) plans to gradually discontinue its manufacturing operations in Turkey through the first half of 2028, impacting 2,200 jobs.

The Swedish airbags, seatbelts and steering wheels maker said Friday the decision followed a review of its regional operations, with production capacity alignments required because manufacturing capacity in EMEA exceeds future demand.

The company expects to incur a final pre-tax charge of $142 million from the closure, most of which will be in the second quarter.

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