on the v6 hondas 3cyl mode shuts down one bank - 4cyl mode one cyl per bank at opposite ends. as the autospeed article says, they use removal of hydraulic pressure on lifters to prevent the valves opening [thereby removing pumping losses], and suspend fuel injection although keeping sparking.
fuel economy is improved by the same reason a 4pot will be more efficient than an 8pot all other items being the same - higher effective compression.
to create a certain amount of power an engine must injest a certain volume of air. the right amount of fuel for the conditions is added to heat the air and created pressure.
if one litre of air/rev is required; in a 2L 4 cyl the cyls will be 1/2 full in a 6L v8 the cyls will be 1/6th full. lower effective compression = lower efficiency.
to overcome this the v8 will have taller gearing to make it turn slower injesting air at slower rate but having a wider open throttle allowing higher cylinder filling. this is why a v8 dunnidoor will get 10km/L on the highway turning at 1600rpm.
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