April 5, 2010 (FinancialWire) — Honeywell (NYSE: HON) expects to see a significant increase in demand for turbocharged vehicles in the U.S. as a result of the new Environmental Protection Agency  and the U.S. Department of Transportation  standards announced last week.

The Federal rules will effectively increase the average fuel economy of new cars and trucks to 35.5 mpg by 2016. As a result, Honeywell expects the number of new, turbocharged cars sold in the U.S. to grow from five percent TODAY to as much as 25% in the next five years.

Alex Ismail, president and CEO of Honeywell Transportation Systems, said, "Turbos represent an effective, reliable and affordable path to increased fuel efficiency."

The EPA and the DOT specifically referenced that turbocharging will "play an important role in achieving the fuel economy improvements" necessary to meet the 2016 standards. Turbochargers enable auto manufacturers to reduce the size of an engine by 25-30%, improving fuel efficiency and reducing harmful emissions without compromising performance.

Honeywell will be launching 15 new turbocharger technologies and boosting over 100 new engine platforms in 2010 for automakers across the globe, including diesel and gasoline passenger cars, on-highway trucks and off-highway vehicles. Honeywell is already working with leading automakers to provide more efficient turbocharged engines in the U.S. including the launch of Ford's first EcoBoost vehicle last year and GM's upcoming launch of its Chevrolet Cruze.

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