UPDATE 1-Autoliv accelerates cost cuts, to close two sites
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(Adds detail on cuts throughout)
STOCKHOLM, July 13 (Reuters) - Swedish automotive safety gear group Autoliv is accelerating global cost cuts, mainly in Europe where it will close its factories in Elmshorn, Germany and Congleton, Britain, it said on Thursday.
"These initiatives will simplify its logistics and geographic footprint and significantly lower its cost base. As previously announced, Autoliv intends to reduce its total workforce by up to 11%," it said in a statement.
(Reporting by Anna Ringstrom, editing by Essi Lehto)
