Wrong, sorry. Manufacturers do not take HP measurements at the wheels.SAE Net Horsepower became the standard measurement in 1972, and is still used today. SAE Net horsepower is the horsepower generated by the engine at the flywheel with all accessories attached. This change was made to reflect the numerous energy sapping accessories that cars began to have, such as an A/C Compressor and alternator, and thus was a better representation of the actual power generated by the engine. This number is always lower than the SAE Gross horsepower. Therefore, the same engine could have been rated in 1971 as 360 SAE Gross Horsepower and in 1972 as 300 SAE Net horsepower without any reduction in "power."