Yes, in game go to setup/preferences/sounds.
Each sound if you click on it, has a slider that you can adjust from 0 - 100%. Plus the slider at the top for overall volume.
I currently run with engine sounds at 40%, wind, & stall at 100% Damage at 90.
Gives you better audio clues as to your speed when you don't have time to look. Also lets you hear when someone is getting around on your 6, or pulling a sneak.