AUTOLIV INC
10-Q/A, 1998-12-14
MOTOR VEHICLE PARTS & ACCESSORIES
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		    SECURITIES AND EXCHANGE COMMISSION
			  Washington, D.C. 20549

			     ---------------

				FORM 10-Q/A
			     Quarterly Report
		  Pursuant to Section 13 or 15(d) of the
		     Securities Exchange Act of 1934

			     ---------------


		     For the period ended September 30, 1998      

			      AUTOLIV, INC.
	  (Exact name of registrant as specified in its charter)


    Delaware                                           51-0378542
    (State or other jurisdiction of                    (I.R.S. Employer
    incorporation or organization)                     Identification No.)

    World Trade Center
    Klarabergsviadukten 70 Box 70381
    S-107 24 Stockholm, Sweden
    (Address of principal executive offices)

    Registrant's telephone number, including area code: 46 (8) 587 20 600


Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports); and (2) has been
subject to such filing requirements for the past 90 days.

	Yes:   X       No: 
	    ------        -------

Indicate the number of shares outstanding of each of the registrant's
classes of common stock as of the latest practicable date: There were
approximately 102 million shares of Common Stock of Autoliv, Inc., par
value $1.00 per share, outstanding as of October 22, 1998.

The undersigned registrant hereby amends the following item of its Quarterly
Report on Form 10-Q for the quarter ended September 30, 1998.

<TABLE>
<CAPTION>
<S><C>

ITEM 6  EXHIBITS AND REPORTS ON FORM 8-K

(a)	27 Financial Data Schedule

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ITEM 6 EXHIBITS AND REPORTS ON FORM 8-K


(a)	 Exhibits:
	
         27 Financial Data Schedule




				SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934 the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


						Autoliv, Inc.
						(Registrant)

Date:  Dec 14, 1998                       By:    /s/ Wilhelm Kull
					  -----------------------
					  Wilhelm Kull
					  Chief Financial Officer



<TABLE> <S> <C>

 
        <S> <C>
 
<ARTICLE> 5
<MULTIPLIER> 1,000,000
        
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                             139
<SECURITIES>                                         0
<RECEIVABLES>                                      668
<ALLOWANCES>                                         0
<INVENTORY>                                        248
<CURRENT-ASSETS>                                 1,133
<PP&E>                                           1,604
<DEPRECIATION>                                     772
<TOTAL-ASSETS>                                   3,635
<CURRENT-LIABILITIES>                            1,056
<BONDS>                                            672
                                0
                                          0
<COMMON>                                           102
<OTHER-SE>                                       1,707
<TOTAL-LIABILITY-AND-EQUITY>                     3,635
<SALES>                                          2,520
<TOTAL-REVENUES>                                 2,520
<CGS>                                            1,981
<TOTAL-COSTS>                                    1,981
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                  43
<INCOME-PRETAX>                                    219
<INCOME-TAX>                                        88
<INCOME-CONTINUING>                                131
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                       131
<EPS-PRIMARY>                                     1.28
<EPS-DILUTED>                                     1.28
         
 
        

</TABLE>


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