The European market accounts for approximately 15 percent of expected net new business compared with 27 percent in the previous three-year net new business. Europe remains an important growth market for BorgWarner; however, the adoption of BorgWarner's advanced powertrain technology in other parts of the world is expected to outpace Europe over the next few years. Among BorgWarner's product lines, turbochargers account for about 38 percent of the company's net new business, with growth in the commercial vehicle, diesel passenger car and gasoline passenger car markets. Turbocharging is a key strategy employed by vehicle manufacturers to address the issues of fuel efficiency and emissions reduction while maintaining vehicle performance. Approximately 16 percent of the net new business is linked to engine timing systems including variable cam timing.