AUTOLIV INC
3, 1999-02-10
MOTOR VEHICLE PARTS & ACCESSORIES
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  FORM 3 
                     UNITED STATES 
          SECURITIES AND EXCHANGE COMMISSION          _____________________ 
                 WASHINGTON, D.C.  20549             |    OMB APPROVAL     | 
                                                     |_____________________| 
                  INITIAL STATEMENT OF               |OMB NUMBER: 3235-0104| 
           BENEFICIAL OWNERSHIP OF SECURITIES        |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 
  
      Westerberg                    Lars                          Erik
     _______________________________________________________________________ 
        (Last)                      (First)                    (Middle) 
     
      Storgaten 38
     ________________________________________________________________________ 
                                   (Street) 
  
      Stockholm                     Sweden                   SE-114 55
     ________________________________________________________________________ 
        (City)                      (State)                      (Zip) 
 ___________________________________________________________________________ 
 2.  Date of Event Requiring Statement (Month/Day/Year) 

      2/1/99
 ___________________________________________________________________________ 
 3.  I.R.S. Identification Number of Reporting Person, if an entity 
     (voluntary) 
     
      Autoliv, Inc. (ALV)
 ___________________________________________________________________________ 
 4.  Issuer Name and Ticker or Trading Symbol 
     
 ___________________________________________________________________________ 
 5.  Relationship of Reporting Person(s) to Issuer (Check all applicable) 
     ( X) Director 
     (  ) 10% Owner    
     ( X) Officer (give title below) 
     (  ) Other (specify title below) 
      President/CEO
     _____________________________________ 
 ___________________________________________________________________________ 
 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        | 
 |   (Instr. 4)       |   Securities  |   Form: Direct|   Indirect         | 
 |                    |   Beneficially|   (D) or      |   Beneficial       | 
 |                    |   Owned       |   Indirect (I)|   Ownership        | 
 |                    |   (Instr. 4)  |   (Instr. 5)  |   (Instr. 5)       | 
 |____________________|_______________|_______________|____________________| 
  
 Common Stock, par        6,000          D 
 value $1 per share 

 Common Stock, par        5,000          I              Held through Bilerma
 value $1 per share                                     AB, a company wholly
                                                        owned by Mr.
                                                        Westerberg and 
                                                        certain family
                                                        members 

 Common Stock, par        8,000          I              Held by son of Mr. 
 value $1 per share                                     Westerberg 

 =========================================================================== 
 TABLE II - DERIVATIVE SECURITIES BENEFICIALLY OWNED 
           (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) 
 ___________________________________________________________________________ 
 1. Title of Derivative Security (Instr. 4) 

    Option 
 ___________________________________________________________________________ 
 2. Date Exercisable and Expiration Date (Month/Day/Year) 

           Feb. 7, 2000                                 Feb. 7, 2009    
        --------------------                         ----------------
          Date Exercisable                            Expiration Date 
 ___________________________________________________________________________ 
 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 

      Common Stock, par value $1 per share              15,000          
      ------------------------------------     --------------------------
                Title                          Amount or Number of Shares 
 ___________________________________________________________________________ 
 4. Conversion or Exercise Price of Derivative Security 

    $40.62 
 ___________________________________________________________________________ 
 5. Ownership Form of Derivative Security: Direct(D) or Indirect(I) 
    (Instr. 5) 

    D 
 ___________________________________________________________________________ 
 6. Nature of Indirect Beneficial Ownership (Instr. 5) 
     
  
 =========================================================================== 
  
    EXPLANATION OF RESPONSES: 
  
  
      /s/ Lars Westerberg                                      2/7/99 
    ------------------------------------                     --------------
    **  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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