BMW today re-launched the X5 SUV in India. The new X5, which is upgraded version of the original model launched in 2006, will come in both petrol and diesel variants.
The petrol variant (X5 xdrive50i) comes with a power of 407 BHP, and is priced at Rs 69.5 lakhs (ex-showroom Delhi). The diesel variant (X5 xdrive30D) comes with a power of 245 BHP, and is priced at Rs 52.99 lakhs (ex-showroom Delhi).
The new BMW X5 comes with brake energy regeneration, wherein the driver stops accelerating, and the released kinetic energy is transformed into electrical energy.
BMW India has also increased production capacity at its Chennai facility to 5,400 units per annum and will make a fresh investment of Rs 70 crore by 2012. The company has already invested Rs 110 crore at the plant.
“India is a market that holds great potential for the future for us and is a building block in our global market offensive,” BMW AG Board member Frank-Peter Arndt said.
BMW India is also planning to hike its manpower strength to 400 by the end of this year from 200 currently.
“At the same time as we are expanding capacity, we will also be gearing the plant to produce a further model, XI, for the Indian market, starting in November 2010 and thereby opening up new customer segment,” Arndt said.