The company anticipates completing the closure in the first half of 2028.

May 11, 2026

Swedish automotive safety systems provider Autoliv has revealed plans to eliminate roughly 2,200 jobs in Türkiye as it prepares to shut down all manufacturing operations there.

The company anticipates completing the closure in the first half of 2028.

The layoffs will impact staff at Autoliv's Turkish plants, which currently produce steering wheels, airbags, and seatbelts.

Output from these facilities will shift to other established Autoliv sites across the Europe, Middle East, and Africa (EMEA) region.

This decision follows a comprehensive review of regional capacity, which determined that EMEA manufacturing exceeds projected future demand.

Autoliv described the move as part of a larger initiative to realign its global production network with enduring market needs amid ongoing transformations in the automotive sector.

To facilitate the exit, the firm expects a pre-tax expense of about $142 million.

Most of this charge will hit the books in the second quarter of 2026.

Cash outflows totaling around $129 million will primarily cover severance payments and employee retention, with minor provisions for environmental remediation, equipment disposal, and contract terminations.

A further $13 million non-cash impairment covers write-downs on fixed assets and inventory.

Severance and retention figures were based on a weighted-average exchange rate of 53 Turkish Lira per U.S. dollar.

Post-exit, Autoliv plans to maintain its customer-service functions in Türkiye and pledges to uphold delivery and quality commitments throughout the transition.

In December, South Korea's Kolon Industries announced a Won70 billion ($48 million) investment in a new Vietnam facility dedicated to airbag materials for Autoliv.

The deal followed a supply pact where Kolon committed to ramping up airbag material deliveries.

The plant, located in Ho Chi Minh City, is set to commence operations in 2028.