Global automotive safety giant Autoliv is set to overhaul its production operations in Turkey, with a major shake-up on the horizon. The company, which supplies critical components such as steering wheels, airbags, and seatbelts to major automakers, has announced plans to transfer its production in Turkey to other facilities within the Europe and Middle East region. The move is expected to impact hundreds of jobs in Turkey, sparking concerns about the country's automotive industry. As the global demand for electric and autonomous vehicles continues to grow, Autoliv's strategic realignment may signal a broader shift in the industry's supply chain dynamics.
Autoliv's production in Turkey, which includes steering wheels, airbags and seatbelts, will be transferred to the company's other facilities in the Europe and Middle East region.
