BMW has shelved the X7 - a larger version of the X5 - and in it’s place put more resources on the forthcoming BMW X1 and MINI Crossover. This according to this week’s Automotive News. Here’s an excerpt”
BMW is reacting to the sagging economy and rising fuel prices with two small crossovers, the BMW X1 and Mini Crossover Concept, says CEO Norbert Reithofer. He said the old product plan, which included the now discontinued X7 SUV, would not have generated sufficient growth through 2013.
The X1, based on the 1-series car, is expected to go on sale in the United States by 2010 or 2011. Reithofer said the X1 will be a volume vehicle rather than a niche car such as the larger X6 crossover.
Today is the beginning of the Paris Motor Show. BMW will introduce several cars to the world at this show: the X1 “concept”, the refreshed 3, the newly designed 7 and a pair of Active Hybrids (7 and X6).
As the day unfolds we will try to keep you updated as much as possible. The presentation of these vehicles by BMWAG, Dr. Norbert Reithofer and Dr. Klaus Draeger, can also be seen live at 1:45 pm Paris time which is 8:45 am East Coast time. It may also be streamed regularly there after. We also have a copy of the speech for you to view below.
BMW Press Release: Proudly presenting this new Concept Car, BMW is offering an outlook at the world’s first Sports Activity Vehicle in the premium compact segment. Through its design alone, this new concept model clearly expresses all the strengths and qualities of such a vehicle, the BMW Concept X1 exuding a strong touch of agility and versatility both in its driving qualities and practical use. And at the same time the Concept Car clearly reveals the stylish elegance of this five-door as well as its modern function. Creating this unique Concept Car, BMW is catering for the demands of a modern target group in search of an up-to-date automobile meeting both the challenges of everyday traffic and the personal needs of many purchasers for an active lifestyle and a versatile driving experience. The BMW Concept X1 expresses that very special sheer driving pleasure so typical in this unique form of a BMW X model combined with a high standard of all-round functionality. So now these qualities are for the first time being carried over to a vehicle in the premium compact segment.
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