Sec Form 4 Filing - MEDINA DIONISIO GARZA @ AUTOLIV INC - 2004-07-15

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 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MEDINA DIONISIO GARZA 2. Issuer Name and Ticker or Trading Symbol AUTOLIV INC [ ALV] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O AUTOLIV, INC., KLARABERGSVIADUKTEN 70 3. Date of Earliest Transaction (MM/DD/YY) 07/15/2004 (Street) SE-11164 STOCKHOLM, V700000 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 07/15/2004 P 346 A ( 1 ) $ 41.087 681 D

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) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MEDINA DIONISIO GARZA C/O AUTOLIV, INC.KLARABERGSVIADUKTEN 70 SE-11164 STOCKHOLM, V700000 X Signatures Dionisio Garza Medina 07/19/2004 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Mr. Medina, a former non-employee director of the Company, was entitled to receive an annual grant of shares of Common Stock with a market value of $15,000 at the time of the grant for serving on the Board. These shares were granted to Mr. Medina on April 28, 2004 for the period beginning on the 2003 Annual General Meeting and ending on the 2004 Annual General Meeting. The number of shares of Common Stock acquired by the Company for the benefit of Mr. Medina was calculated by dividing $15,000 by the average of the sale prices of the Common Stock on April 28, 2004, which was $43.41 per share. Mr. Medina was entitled to receive 346 shares of the Common Stock from the Company. No independent investment decision has been taken by Mr. Medina in connection with the acquisition of these securities. Mr. Medina did not stand for re-election at the 2004 Annual Meeting and is no longer a director of the Company.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** 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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