South Korean auto makers are pondering expanding engine displacements of mini sedans from 1.5L to 1.6L to maximize efficiencies following the adoption of a recent excise-tax cut. Previously, car makers produced mini-sized sedans with engine displacements of less than 1.5L for domestic sales due to a high special excise tax, while the same models with 1.6L engine displacements were major export items. Now that the same tax rates are applied for both engine displacements, auto makers ...

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