ALV · Autoliv Inc.
AI read · Bad for ALV
The AI's read
Rising costs are taking a direct bite out of Autoliv's profit. The company did better than falling vehicle production, and sales in India grew nearly 30%. But sales fell in several other regions, and its full-year profit-margin forecast is now at the bottom of its prior range. A stronger fourth quarter is expected, but those gains have not happened yet.