Page "Honeywell Turbo Technologies" Paragraph 12

Automobiles manufactured in the US have the lowest rate of turbocharger installations among industrialized nations.

Due to the price of oil, emissions targets and a focus on smaller, fuel efficient engines, Honeywell projects the number of passenger vehicles with turbocharged engines in the US to double to 23 percent by 2016 and rise to 80 percent by 2025.

Honeywell projects 30 % of its turbocharger growth will come from gasoline engines.

So long as oil prices don ’ t stress the economy, Honeywell believes increasing oil prices, tighter government emission targets and public priorities on fuel efficiency generally contribute to revenue growth for Honeywell.