Autoliv, Inc. (ALV), an automotive safety systems provider, said on Thursday that Jiangling Motors Co., Ltd. or JMC, a Chinese automotive maker, and Autoliv (Shanghai) Management Co., Ltd. will start a new strategic cooperation to boost innovation and support global expansion.
Sng Yih, President of Autoliv China, said: "Together, we will advance automotive safety technologies by bringing new innovations to market that redefine safety and comfort for drivers and passengers globally. The collaboration will focus on research and development to create advanced safety technologies that meet future market needs."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.