BMW India is planning to launch the petrol version of its high-end 7-series by the end of 2009.
The cost and other details of the petrol version are still not known. But the car is expected to be priced less than its diesel variant that has been already launched in India, which is priced at Rs 93 lakh, excluding other taxes. Like many other models of BMW, the 7 series petrol is also expected to be imported as a CBU.
The company has more expansion plans in India. BMW has announced the launch of its two-seater roadster, Z4, in October on the eve of Divali, which will be priced between Rs 50 and 60 lakh. Another model from the manufacturer, details of which are not available, will be unveiled at the 2010 Auto Expo that will be held in January. The company is also planning to increase the capacity of its plant.
“If the market grows, we are ready to ramp up production and will consider further investment. At present, our capacity is sufficient to meet the demand till next year. As the trend indicates, we will be able to sell 3,000 units of 3-Series and 5-Series cars in 2010. After that we will have to consider capacity expansion,” said Peter Kronschnabl, President of BMW India.