BMW launches updated version of X3

Philipp von Sahr, president, BMW Group India at the launch of the all-new BMW X3 in Noida on Thursday.

German luxury carmaker BMW, on Thursday, launched the updated version of its sports utility vehicle X3.

The new X3 is available only in diesel option, and is being locally produced at the company’s Chennai plant.

“In order to strengthen our presence in the country, we will aggressively expand our product range in the luxury segment,” BMW Group India President Philipp von Sahr told reporters here.

Two variants The luxury car maker would launch the M3 sedan, M4 Coupe, and the M5 sedan in 2014, along with its hybrid car i8, he added. The new X3 will be available in two variants priced at Rs.44.9 lakh and Rs.49.9 lakh (ex-showroom Delhi). It is equipped with various luxury features, including the eight-speed automatic transmission with cruise control.

The company had first launched the X3 model in 2003, followed by an updated version in 2011. The model launched on Thursday is the third generation of the SUV.

The company also plans to expand dealer network by 2015-end by taking the overall number to 50 from 37.