Autoliv factory closures planned for Germany and U.K.

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STOCKHOLM — Autoliv said its planned factory closures would most likely be in Elmshorn, Germany, and Congleton, Britain, as part of its cost cutting moves.

The Swedish automotive safety gear group, which counts many of the world’s top automakers among its customers, announced in early June that it intended to cut 11 percent of its total workforce and shut down several undisclosed factories in Europe.

“These initiatives will simplify its logistics and geographic footprint and…

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