Warning of tough times ahead, they said rising auto prices on the back of steep currency depreciation, imposition of federal excise duty in the range of 2.5-7.5pc depending on the engine size
and tough economic climate have affected overall sales.
Bigger sedans ( engine size
> 1,500cc and length > 4,000 mm) and SUVs ( engine size
> 1,500cc and ground clearance > 170mm) will see lower taxation and eventually a reduction in vehicle prices given the fact that they are currently taxed above the proposed 43% tax rate, the report states.
Latest reports confirm that the Mahindra-made BSA motorcycles, of engine size
between 500-750cc, will be introduced in the markets by 2019.
Average engine size
has increased, with a growth in vehicles with 3- and 4-litre engines.
One method of emissions reduction is to shorten the length of the cylinder and piston stroke, and reduce engine size
. However, this does result in loss of torque and overall engine efficiency.
I think engine size
restrictions may help like with motorbikes.
Industry press says the first vehicle to be produced in China will be an SUV with an engine size
of less than two litres.
With the new eco rules reducing the engine size
from V8 to V6 turbos, the engine volume has been largely reduced due to the hybrid technology harvesting energy, the report added.
Fees vary according to engine size
and Co2 emissions.
For those who will continue to enjoy state vehicles, parliament examined putting restrictions on engine size
, pollution emissions and price, with only the president's vehicle enjoying full exemption for security purposes.