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Honeywell Gasoline Turbocharger Technology Challenging Many Top Hybrids for Better Fuel Economy

Honeywell’s turbocharged Chevrolet Cruze Eco engine is putting pricier – and less efficient – hybrids and other compact vehicles on notice with a best-in-class 42 mpg highway rating from the U.S. EPA. With the benefits of the turbocharged 1.4-liter engine, the fuel economy in the Cruze Eco will significantly outpace several midsized hybrid sedans in [...]

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Honeywell’s Third Quarter Sales Up 9% to $8.4 Billion and Reported Earnings Per Share $0.64

-          9% Organic Growth Reflects Continued Strong Order Rates -          Strong Revenue Conversion More Than Offsets Labor Cost Headwinds -          2010 Sales and EPS Expected Above High-End of Previous Guidance -          Company Forecasts Record Free Cash Flow of $3.5 Billion in 2010 Honeywell announced third quarter 2010 sales were up 9% to $8.4 billion versus [...]

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Honeywell Turbo Innovations Launched on High Performing Mercedes, Range Rover Engines

Honeywell Turbo Technologies, the leading global developer of automotive turbochargers, launched three innovative turbocharger technologies designed to enable fuel efficiency and performance on several of the newest premium engines featured at this year’s 2010 Paris Motor Show. Honeywell introduced its first-in-class ball bearing technology on the 2011 Mercedes S 350 BlueTec diesel engine, expanded its [...]

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Honeywell Expects Turbocharged Engine Segment To Double By 2015

Honeywell, the leading global developer of automotive turbochargers, expects the global turbo segment to double in the next five years, from 17 million new turbo vehicles in 2009 to 35 million in 2015. That includes a rapid growth in the U.S., where turbocharged vehicles are expected to grow from nearly one million (5%) vehicles sold [...]

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Honeywell Chairman and CEO Dave Cote Discusses Global Macro Trends and the U.S. Economy on CNBC’s “Mad Money” TV Show

Honeywell Chairman and CEO Dave Cote appeared on CNBC’s “Mad Money” where he talked about global macro trends, such as energy, safety, and security, and the U.S. economy with TV show host and respected money manager, Jim Cramer. “I’m a big believer in the phrase ‘Great Positions in Good Industries’ and one of the ways [...]

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Automotive News Europe Names Honeywell’s Transportation Systems CEO Alex Ismail to “Eurostars” List of Top Automotive Industry Executives

Alex Ismail, President and CEO of Honeywell Transportation Systems, has been named the Automotive News Europe 2010 “Supplier Division CEO Eurostar.” The Eurostars awards are determined independently by the editors of Automotive News Europe and this year acknowledge the achievements of ten leading industry executives during what was the worst recession in decades. Automotive News [...]

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