Autoliv avoids semiconductor pileup it expects to continue until Q4’21 — Panjiva
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Autoliv avoids semiconductor pileup it expects to continue until Q4’21

Cons. Discr. - Autos 1248 Earnings 759 Mexico 928 Quote Watch 452 U.S. 5400

Autoliv reported Q1’21 revenues which rose by 21.5% year over year. That came despite the autoparts industry experiencing “a supply-demand imbalance of certain input materials such as steel, chemicals and semiconductors”, according to CEO Mikael Bratt, while “a stabilization of supply may not emerge until Q4’21”. The firm also expects “adverse cost development from rising raw material prices throughout 2021”. Autoliv’s direct exposure may be minimal, shown by imports to the U.S. by sea and from Mexico which rose by 10.0% year over ...

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