content_image/217614.jpg content_image/217615.jpg
The Power Technologies 2014 segment EBITDA of $154 increased by $4 from 2013. Performance-related impacts on segment EBITDA in 2014 included an increase in warranty cost of $7, lower pricing of $4 and increased material commodity costs of $2. Partially offsetting these factors were material cost savings of $9 and benefits from other cost reduction actions. 

## Summary Consolidated Results of Operations (2013 versus 2012) 

<img src='content_image/217614.jpg'>

Sales  — The following table shows changes in our sales by geographic region. 

<img src='content_image/217615.jpg'>

Sales for 2013 declined 6% from 2012. Lower market volumes, particularly in our North America medium/heavy truck market and global off-highway markets, contributed about $141 to lower year -over-year sales. Scheduled roll-offs of certain North America light vehicle market programs also reduced sales by $186. Currency ef fects and divestitures also contributed to the lower sales, with pricing actions, principally relating to material recovery and the Venezuelan bolivar devaluation, providing a partial offset of about $63. 

Most of the 2013 consolidated sales decrease occurred in North America. Scheduled roll-offs of certain light vehicle programs accounted for $186 of the decrease. The remaining sales reduction was due primarily to a decline in medium/heavy production levels of around 5% and lower of f-highway market sales, partly due to the transfer of certain production to our Asia Pacific operations. 

Excluding currency effects, our sales in Europe in 2013 were 3% lower than in 2012. The reduction was primarily driven by lower off-highway market production levels, primarily in the construction and mining segments, in the region as well as in other regions where we export. Partially of fsetting lower volumes were increased sales from new Light Vehicle programs coming on line in 2013. 

