Autoliv, Inc. · NYSE:ALV
Autoliv — Investor Day (May 2013)
23 slides from Autoliv's investor day presentation, May 14, 2013
Slide 1: The Next Decade of Innovations
The Next Decade of Innovations Capital Market Day Vårgårda, May 14, 2013 Driven for Life. Johan Löfvenholm V.P. Engineering Copyright Autoliv Inc., All Rights Reserved
Slide 2: Safe Harbor Statement
Safe Harbor Statement * This presentation contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments
Slide 3: Is our RD&E paying off?
Is our RD&E paying off? US$ (millions) % 10 600 500 8 400 6 300 4 200 2 100 0 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 RD&E expenses net Customer funded Page - 3 Copyright Autoliv Inc., All Rights Reserved
Slide 4: Is our RD&E paying off? - New Products and Patents
Is our RD&E paying off? - New Products and Patents Safety Patents First Filings 2010 2013 Bag-in-belt 2012 Pedestrian airbag* / Dynamic Spot Light*/ Animal detection system* GM 2011 Camera-based Advanced Driver Assistance System 6% AUTOLIV 2010 Locking tongue* 5% 2008 Integrated safety electronics*
Slide 5: Road Traffic Fatalities acc. to WHO
Road Traffic Fatalities acc. to WHO Total 2004 Total 2030 Leading Cause % Leading Cause % 1 Ischaemic heart disease 12.2 1 Ischaemic heart disease 12.2 2 Cerebrovascular disease 9.7 2 Cerebrovascular disease 9.7 3 Lower respiratory infections 7.0 3 Chronic obstructive pulmonary disease 7.0 4 Chronic
Slide 6: Our Vision
Our Vision Human lives saved by our products 150 000 125 000 100 000 75 000 50 000 25 000 0 2012 Vision …additionally they prevent ten times as many severe injuries Page - 6 Copyright Autoliv Inc., All Rights Reserved
Slide 7: Just How Important is Safety
Just How Important is Safety - “North America Consumers’ Attitude & Perception” study February 2013 Frost & Sullivan Report Page - 7 Copyright Autoliv Inc., All Rights Reserved
Slide 8: R,D&E Rational
R,D&E Rational Safety content per vehicle • Consumer Demand • New Ratings & Regulations ALV’s market share Reduce costs Page - 8 Copyright Autoliv Inc., All Rights Reserved
Slide 9: Reduce Costs
Reduce Costs - example of redesign to save costs and weight Weight: 3.3 kg -30% Weight: 2.3 kg -26% Weight: 1.7 kg Page - 9 Copyright Autoliv Inc., All Rights Reserved
Slide 10: Trends & Needs - Automotive Safety
Trends & Needs - Automotive Safety Safety Ratings & Regulations - Safer transportation Environment and Society - Shifting mobility needs Growth Markets - Focus increases Page - 10 Copyright Autoliv Inc., All Rights Reserved
Slide 11: Rating and Regulations
Rating and Regulations - Strong growth driver for vehicle safety Page - 11 Copyright Autoliv Inc., All Rights Reserved
Slide 12: Rating and Regulations - Euro NCAP
Rating and Regulations - Euro NCAP in migration towards Active Safety and Adaptivety 2014 Active Safety weighting increases from 10% to 20% Active Safety required to achieve 5 Star 2015 Revision of passive safety side impact test IC coverage will be evaluated New deformable barrier Revised pole test
Slide 13: Rating and Regulations - US NCAP
Rating and Regulations - US NCAP in migration towards Active Safety and Adaptivety 2013 IIHS Add additional Small overlap crash rating NHTSA request for comments Active Safety Areas Under Consideration Crash Avoidance and Post-Crash Technology Areas Under Consideration Features: Blind Spot Detection
Slide 14: Rating and Regulations - Rear Seat Safety
Rating and Regulations - Rear Seat Safety New smart retractor: Bag-in-Belt: For all occupants (adaptivity) A combination of a seatbelt and an airbag Fully mechanical solution to reduce Distributes the crash force over a three time system cost larger surface Page - 14 Copyright Autoliv Inc., All Righ
Slide 15: Rating and Regulations - Pedestrian Airbag
Rating and Regulations - Pedestrian Airbag Page - 15 Copyright Autoliv Inc., All Rights Reserved
Slide 16: Rating and Regulations - Pedestrian Airbag
Rating and Regulations - Pedestrian Airbag Page - 16 Copyright Autoliv Inc., All Rights Reserved
Slide 17: Knee airbags to prevent long-term disabling injuries
Rating and Regulations - Knee airbags to prevent long-term disabling injuries Installation Rates 50% 40% 30% 20% 10% 0% 2012 2015 2017 Europe North America Page - 17 Copyright Autoliv Inc., All Rights Reserved
Slide 18: Small Overlap a quarter of all fatalities in frontal crashes
Rating and Regulations - Small Overlap a quarter of all fatalities in frontal crashes Test by IIHS Oblique IC Concept Car to Car at 64 km/h Page - 18 Copyright Autoliv Inc., All Rights Reserved
Slide 19: Growth Markets
Growth Markets - Products developed directly for Growth Markets First Seatbelt to be developed in China and India Component design to take advantage of Low Labor Country (LLC) sourcing Industrialization for LLC production Page - 19 Copyright Autoliv Inc., All Rights Reserved
Slide 20: Environment and Society
Environment and Society Electrical Cars create new challenges New ”Green” Inflator Familly Old AGP-1 Example – Battery Disconnect switch Benefits No harmful waste products – only water vapor and argon gas Recyclable components Weight and cost reduction ~30% Page - 20 Copyright Autoliv Inc., All Righ
Slide 21: Addressing the Trends into the Next Decade
Addressing the Trends into the Next Decade Addressed by ALV Safety Ratings & Regulations - Safer transportation Environment and Society - Shifting mobility needs Growth Markets - Focus increases We will continue to deliver Worlds-first safety products to support sales to outperform our market Page -
Slide 22: Is our RD&E paying off? - growing market shares
Is our RD&E paying off? - growing market shares in a growing market Global Market Shares Market by product 50% 30 40% 25 US$ (Billions) 20 30% 15 20% 10 10% 5 0% Total Frontal Side ECU Seatbelts Steering Restraints Airbags Airbags Wheels 0 2012 2015 2009 2012 Page - 22 Copyright Autoliv Inc., All Ri
Slide 23: Thank you!
Thank you! Autoliv - Safety Systems Active Safety Autoliv Every year, Autoliv’s products save over 25,000 lives Passive The Worldwide Leader in Automotive Safety Systems Safety Page - 23 Copyright Autoliv Inc., All Rights Reserved