P016B Steyr 700 is defined as Knock Sensor Circuit Range Performance (Bank 1 or Single Sensor). This refers to camshaft timing, which in this case is over-retarded. As you drive and when specific conditions are slowly met, the vapors will gradually purge from the charcoal canister and will get burned within your engine.
Possible Causes :
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Find out what kind of system you have and verify that voltage to the fuel level sensor is present at the fuel pump wiring harness. Look at the plug wires to make sure they are not burnt or laying on the exhaust. If you find a related TSB, the information will often help in diagnosing the code in question as TSBs are crested from many thousands of repairs.
Diagnostic trouble code P016B Steyr 700 is not difficult to diagnose and repair. Thus, it always pays to have a qualified technician to look after your vehicle should this error code arise.
Diagnosing this code requires the engine to be in good running shape, without unmetered air entering the engine. If other codes that relates to misfiring condition, lean running or air entering the engine is present, then you must first fix those error codes before P016B Steyr 700.
Fortunately, P016B Steyr 700 is a fairly common OBD code, meaning that it applies to all makes and models of vehicles made after 1996.