AUTOLIV INC
4, 1999-02-09
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). 
  
                    UNITED STATES 
           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 
     
      Biorek                       Hans
     _______________________________________________________________________ 
        (Last)                      (First)                    (Middle) 
     
      Klarasbergsviaducten 70, Box 70381
     _______________________________________________________________________ 
                                   (Street) 
  
      Stockholm                     Sweden                   SE 107 24
     ________________________________________________________________________
        (City)                      (State)                      (Zip) 
 ___________________________________________________________________________ 
 2.  Issuer Name and Ticker or Trading Symbol           

     Autoliv, Inc. (ALV) 
 ___________________________________________________________________________ 
 3.  I.R.S. Identification Number of Reporting Person, if an entity 
     (Voluntary) 
     
 ___________________________________________________________________________ 
 4.  Statement for Month/Year 

     1/99 
 ___________________________________________________________________________ 
 5.  If Amendment, Date of Original (Month/Year)                       
  
 ___________________________________________________________________________ 
 6.  Relationship of Reporting Person(s) to Issuer (Check all applicable) 
     (  ) Director 
     (  ) 10% Owner 
     ( X) Officer (give title below) 
     ( X) Other (specify title below) 
          
          Treasurer and Member of Autoliv, Inc. Executive Committee
          ---------------------------------------------------------
 ___________________________________________________________________________ 
 7.  Individual, or Joint/Group Filing (Check Applicable Line) 
     (  ) 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) 
  
 ___________________________________________________________________________ 
 2.  Transaction Date (Month/Day/Year) 
      
 ___________________________________________________________________________ 
 3.  Transaction Code (Instr. 8) 
  
 ___________________________________________________________________________ 
 4.  Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 
  
 ___________________________________________________________________________ 
 5.  Amount of Securities Beneficially Owned at End of Month 
     (Instr. 3 and 4) 
  
 ___________________________________________________________________________ 
 6.  Ownership Form: Direct(D) or Indirect(I) (Instr. 4) 
  
 ___________________________________________________________________________ 
 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) 

     Options 
 ___________________________________________________________________________ 
 2.  Conversion or Exercise Price of Derivative Security 

      $38.25 
 ___________________________________________________________________________ 
 3.  Transaction Date (Month/Day/Year) 

      Jan. 4, 1999 
 ___________________________________________________________________________ 
 4.  Transaction Code (Instr. 8) 

      A 
 ___________________________________________________________________________ 
 5.  Number of Derivative Securities Acquired (A) or Disposed of (D) 
     (Instr. 3, 4, and 5) 

      7,000 
 ___________________________________________________________________________ 
 6.  Date Exercisable and Expiration Date (Month/Day/Year) 

      1/4/2000            1/4/09 
 ___________________________________________________________________________ 
 7.  Title and Amount of Underlying Securities (Instr. 3 and 4) 

      Common Stock, par value $1 per share 
 ___________________________________________________________________________ 
 8.  Price of Derivative Securities (Instr. 5) 

      $0* 
 ___________________________________________________________________________ 
 9.  Number of Derivative Securities Beneficially Owned at End of Month 
     (Instr. 4) 

      7,000 
 ___________________________________________________________________________ 
 10. Ownership Form of Derivative Security:  Direct(D) or Indirect(I) 
     (Instr. 4) 

      D 
 ___________________________________________________________________________ 
 11. Nature of Indirect Beneficial Ownership (Instr. 4) 
  
 ___________________________________________________________________________ 
 *  Granted pursuant to Autoliv, Inc. 1997 Stock Incentive Plan 

  
 EXPLANATION OF RESPONSES: 
  
  
  
      /s/ Hans Biorek                                   2/4/99     
   ------------------------------------              ---------------
    **  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). 
  
   NOTE:  FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY 
          SIGNED. IF SPACE IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE. 
  
   POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION  
   CONTAINED IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM  
   DISPLAYS A CURRENTLY VALID OMB NUMBER. 
  
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