AUTOLIV INC
3, 1998-09-18
MOTOR VEHICLE PARTS & ACCESSORIES
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  FORM 3 
         U.S. SECURITIES AND EXCHANGE COMMISSION       _____________________ 
                 WASHINGTON, D.C.  20549              |    OMB APPROVAL     | 
                  INITIAL STATEMENT OF                |_____________________| 
           BENEFICIAL OWNERSHIP OF SECURITIES         |OMB NUMBER: 3235-0104| 
                                                      |EXPIRES:             |  
                                                      | SEPTEMBER 30, 1998  | 
       Filed pursuant to Section 16(a) of the         |ESTIMATED AVERAGE    | 
         Securities Exchange Act of 1934,             |BURDEN HOURS         | 
        Section 17(a) of the Public Utility           |PER RESPONSE ... 0.5 | 
          Holding Company Act of 1935                 |_____________________| 
       or Section 30(f) of the Investment 
              Company Act of 1940 
 ____________________________________________________________________________
 1. Name and Address of Reporting Person 

        Kunerth                     Walter 
    -------------------------------------------------------------------------
        (Last)                      (First)                    (Middle) 
  
        c/o Autoliv, Inc.     World Trade Center, Klarabergsviadukten 70  
    -------------------------------------------------------------------------
                                   (Street) 
        S-107 24 Stockholm          Sweden                                
    -------------------------------------------------------------------------
        (City)                      (State)                      (Zip) 
 ____________________________________________________________________________
 2. Date of Event Requiring Statement (Month/Day/Year) 
     
         September 1, 1998
 ____________________________________________________________________________
 3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY) 
     
 ____________________________________________________________________________
 4. Issuer Name and Ticker or Trading Symbol 
     
       Autoliv, Inc.     Trading Symbol - ALV                             
 ____________________________________________________________________________
 5. RELATIONSHIP OF REPORTING PERSON(S) TO ISSUER (CHECK ALL APPLICABLE) 
  ( X) DIRECTOR 
  (  ) 10% OWNER    
  (  ) OFFICER (GIVE TITLE BELOW) 
  (  ) OTHER (SPECIFY TITLE BELOW) 
       _________________________________________________
 ____________________________________________________________________________
 6. IF AMENDMENT, DATE OF ORIGINAL (MONTH/DAY/YEAR) 
     
 ____________________________________________________________________________
 7. INDIVIDUAL OR JOINT/GROUP FILING (CHECK APPLICABLE LINE) 
     X FORM FILED BY ONE REPORTING PERSON 
    ___FORM FILED BY MORE THAN ONE REPORTING PERSON 
  

 ============================================================================
 TABLE I - NON-DERIVATIVE SECURITIES BENEFICIALLY OWNED 
 ____________________________________________________________________________
 |1. TITLE OF SECURITY|2. AMOUNT OF   |3. OWNERSHIP  |4. NATURE OF INDIRECT  |
 |   (INSTR. 4)       |   SECURITIES  |   FORM DIRECT|   BENEFICIAL OWNERSHIP|
 |                    |   BENEFICIALLY|   DIRECT (D) |   (INSTR. 5)          |
 |                    |   OWNED       |   OR INDIRECT|                       |
 |                    |   (INSTR. 4)  |   (I) (INSTR.|                       |
 |                    |               |   5)         |                       |
 |                    |               |              |                       |
 ____________________________________________________________________________

 Common Stock, par           0 
 value $1.00 per 
 share 
  
  
  
  
 ============================================================================
 TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED 
        (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) 
 ____________________________________________________________________________
 1. Title of Derivative Security (Instr. 4) 
     
 ____________________________________________________________________________
 2. Date Exercisable and Expiration Date (Month/Day/Year) 
      ________________________                  _________________________ 
          Date Exercisable                          Expiration Date 
 ____________________________________________________________________________
 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
    ________________________________       _______________________________ 
                 Title                         Amount of Number of Shares 
 ____________________________________________________________________________
 4. Conversion or Exercise Price of Derivative Security 
     
 ____________________________________________________________________________
 5. Ownership Form of Derivative Security: Direct(D) or Indirect(I)
    (Instr. 5) 
     
 ____________________________________________________________________________
 6. Nature of Indirect Beneficial Ownership (Instr. 5) 
     
  
 ============================================================================
  
    EXPLANATION OF RESPONSES: 
  
            

  
     /s/ Walter Kunerth                             September 14,  1998   
    ---------------------------------               -------------------
    **  SIGNATURE OF REPORTING PERSON                     DATE          
  
  
  
 _____________________________ 
  
    **  INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL 
        CRIMINAL VIOLATIONS. 
        SEE 18 U.S.C. 1001 AND 15 U.S.C. 78FF(A). 
  
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