South Korea’s auto makers are introducing more powerful 1.6L engine options on their compact car lines one year ahead of the government’s lowering of punitive purchase price taxes on engines of that size. Hyundai Motor Co. Ltd. this week began selling a 1.6L version of its Avante. The new engine adds 100,000 won ($86) to the cost of the car. Renault Samsung 1.6L SM3 is leading the trend. A Hyundai spokesman says the current tax levied on cars with 1.6L engines is the same as that ...
Premium Content (PAID Subscription Required)
"Korean Compacts Get 1.6L Engines" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642