European car manufacturers group, ACEA, says that of the 15 million cars sold during 2007 in Europe/EU:
* 53% were diesel
* Over 60% of European diesel passenger cars have turbochargers
* Europe + Asia-Pacific account for over 80% of the global automotive turbocharger market.
* US$3.6 Billion Global Automotive Turbocharger Market by 2010
* Global sales expect to be more than 18 million units in 2010 (~$200/unit)
If EU auto sales remain flat as expected, then something is happening in the diesel market, hopefully in North America? OR ? there are going to be a lot of turbo gasoline and diesel vehicles in the Asia-Pacific?
It seems to me that 18 million turbos is about 50% of the Noth American plus European vehicle sales volume.
Does anyone "see" how this forcast might play out for North America?