An improved combustion air charger, such as a turbocharger or a supercharger, includes a housing (10) having a rotary shaft (18) journalled therein. At least one compressor wheel (20,22) is located on the shaft (18). The housing (10) includes an ambient inlet (30) as well as a compressed air outlet (32) and a heat exchanger (36) is located between at least one of the compressor wheels (20) and the outlet (32) and is arranged so that air flow through the heat exchanger (36) is generally in the radially inward direction.