Monday, December 22, 2008

BMW Puts A Stop To X7 Production

BMW MINIThe BMW MINI Crossover and X1 Concept will be making their way to production. Norbert Reithofer - BMW CEO - stated that the company is confident that both models will do well despite the economic and fuel problems facing consumers in the U.S.

However, they will be killing off the X7 because is does not have the ability to "generate sufficient growth". The car was scheduled to be released in 2013. The MINI is now scheduled to the market in 2010 and the X1 will make its way to our shores in late 2011. Reithofer believes that even though the X6 is a current front runner in the market the X1 will take over and become a mainstream player.

Naturally many of us are curious as to the life of these cars and whether or not they will actually have a shelf life. Are they really worth buying in this economic crisis and recession that we are facing? We suppose there are many people out there who can afford it and won't think twice about purchasing one for themselves.

 

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