Autoliv appoints CEO Jan Carlson as chairman The board of Autoliv elected Jan Carlson to serve as its new chairman of the board, effective immediately. Since April 3, Carlson has been serving as Interim Chairman following the resignation of the previous Chairman Lars Nyberg. Carlson is the president and CEO of Autoliv, a position he has held since 2007.
Deutsche sees upside potential for Mobileye, raises target After speaking with Dr. Mark Rosekind, the National Highway Traffic Safety Administration's new Administrator, Deutsche Bank believes the U.S. is about to adopt a more proactive stance on active safety technologies like Forward Crash Avoidance and Mitigation Systems. It thinks FCAM growth is likely to exceed its prior assumptions, providing upside potential for Mobileye (MBLY) and possibly Delphi Automotive (DLPH) and Autoliv (ALV). Deutsche raised its price target for Mobileye shares to $55 from $53 and keeps a Buy rating on the name.