This excerpt taken from the ALV 8-K filed Jul 21, 2009.
Sales from Autolivs European companies decreased by 46% to $1,138 million. Excluding negative currency effects of 15% and a small acquisition, organic sales declined by 32%, the same as European light vehicle production.
Sales from Autolivs North American companies decreased by 42% to $460 million. Excluding negative currency effects of 5% and a small acquisition, organic sales declined by 37%, which was significantly less than the decline in North American light vehicle production. This was due to new business for Fords F-Series; Chryslers Minivan and Dodge Ram; Chevrolets Traverse; and Toyotas Rav4 and Venza.
Sales from Autolivs companies in Japan dropped by 53% to $181 million despite favorable currency effects of 10%. The decline of 63% in organic sales was due to the general decline in Japanese LVP of 44%, which was exacerbated by an even sharper drop for vehicles with high safety content for export markets in North America and Western Europe.
Sales from Autolivs companies in the RoW declined by 23% to $341 million including negative currency effects of 13%. The organic sales decline of 10% was slightly worse than the 6% decline in LVP in the region due to a 27% drop in LVP in Korea, the regions largest automotive safety market.