AUTOLIV INC
4, 1999-03-05
MOTOR VEHICLE PARTS & ACCESSORIES
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  FORM 4 

  (  )  Check this box if no longer 
         subject to Section 16.  Form 4 
         or Form 5 obligations may continue. 
         See Instruction 1(b). 
  
         U.S. SECURITIES AND EXCHANGE COMMISSION       _____________________ 
                 WASHINGTON, D.C.  20549              |   OMB APPROVAL      |
       STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP   |_____________________|
                                                      |OMB NUMBER: 3235-0287|
                                                      |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 
      Hartman,  Tom 
      c/o Autoliv, Inc. 
      World Trade Centre 
      Klarabergsviadukten 70 
      S-107 24 Stockholm 
      Sweden 
 ____________________________________________________________________________ 
 2. Issuer Name and Ticker or Trading Symbol           
      Autoliv, Inc. (ALV) 
 ____________________________________________________________________________ 
 3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON (VOLUNTARY) 
       
 ____________________________________________________________________________ 
 4. Statement for Month/Year                 
      February 1999        
 ____________________________________________________________________________ 
 5. If Amendment, Date of Original (Month/Year)                       
  
 ____________________________________________________________________________ 
 6. Relationship of reporting person to Issuer (Check all applicable) 
    (   ) DIRECTOR 
    (   ) 10% OWNER    
    (   ) OFFICER (GIVE TITLE BELOW) 
    ( x ) OTHER (SPECIFY TITLE BELOW) 
          Member of Autoliv, Inc. Executive Committee 
   _____________________________________________________ 
  

 ____________________________________________________________________________ 
 7. Individual, or Joint/Group Filing (Check all applicable) 
  ( X ) Form filed by One Reporting Person 
  (   ) Form filed by More than One Reporting Person 
  
 ============================================================================ 
 TABLE I 
 Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 
 ____________________________________________________________________________ 
 1. Title of Security (Instr. 3) 
      Common Stock, par value $1.00 
 ____________________________________________________________________________ 
 2. Transaction Date (Month/Day/Year) 
     February 16, 1999 
 ____________________________________________________________________________ 
 3. Transaction Code (Instr. 8) 
      S              
 ____________________________________________________________________________
 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 
           5,000(D) 
 ____________________________________________________________________________ 
 5. Amount of Securities Beneficially Owned at End of Month (Instr. 3 and 4) 
      0 
 ____________________________________________________________________________ 
 6. Ownership Form: Direct(D) or Indirect(I) (Instr. 4) 
      D 
 ____________________________________________________________________________ 
 7. Nature of Indirect Beneficial Ownership (Instr. 4) 
  
 ____________________________________________________________________________ 
 Reminder:  Report on a separate line for each class of securities 
            beneficially owned directly or indirectly. 
 ============================================================================ 
 TABLE II 
 Derivative Securities Acquired, Disposed of, or Beneficially Owned 
 (e.g., Puts, Calls, Warrants, Options, Convertible securities) 
 ____________________________________________________________________________ 
 1. Title of Derivative Security (Instr. 3) 
      Employee Stock Option 
 ____________________________________________________________________________ 
 2. Conversion or Exercise Price of Derivative Security 
      $31.07 
 ____________________________________________________________________________ 
 3. Transaction Date (Month/Day/Year) 
      February 16, 1999 
 ____________________________________________________________________________ 
 4. Transaction Code (Instr. 8) 
      M 
 ____________________________________________________________________________ 
 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 
         (Instr. 3, 4, and 5) 
      5,000 (D) 
 ____________________________________________________________________________ 
 6. Date Exercisable and Expiration Date (Month/Day/Year) 
       
 ____________________________________________________________________________ 
 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 
      5,000 shares of Common Stock, par value $1.00 per share 
 ____________________________________________________________________________ 
 8. Price of Derivative Securities (Instr. 5) 
       
 ____________________________________________________________________________ 
 9. Number of Derivative Securities Beneficially Owned at End of Month 
         (Instr. 4) 
      13,981 
 ____________________________________________________________________________ 
 10. Ownership Form of Derivative Security: Direct(D) or Indirect(I) 
         (Instr. 4) 
                          D 
 ____________________________________________________________________________ 
 11. Nature of Indirect Beneficial Ownership (Instr. 4) 
  
 ____________________________________________________________________________ 
 EXPLANATION OF RESPONSES: 
  
  
  
                                                     
       /s/  Tom Hartman                            March  5, 1999     
      **  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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