STOCKS NEWS EUROPE-Autoliv at 14-mth high on China hopes

Shares in Autoliv (ALIVsdb.ST) rise 4.5 percent, hitting a near 14-month high, after analysts voice optimism about the automotive supplier's growth prospects in China, where government stimulus has lifted car sales.

Chinese car sales rose 76 percent in October, data showed on Monday, and analysts say Autoliv is well-positioned to take advantage of the expanding market for passenger vehicles.

"Autoliv is the best-positioned for 2010," says Eric-Alain Michelis, analyst at Societe Generale in Paris, referring to auto suppliers. "They have about 6-9 months of positive results ahead of them, and they are well exposed in China."

Reuters Messaging rm://nicholas.vinocur.reuters.com@reuters.net