BMW says X7 is sold out in India within three months of launch
BMW X7, the largest sports activity vehicle ever built by BMW, and the most expensive SUV it introduced in India, was sold out within three months since its introduction
BMW has announced that it has sold out the X7 model within three months since its introduction in India in July. The company said it will take bookings for deliveries starting in January 2020.
The German carmaker did not reveal the number of X7 -- the most expensive SUV it has introduced in India -- it has sold since then.
The car, the largest sports activity vehicle built by BMW ever, comes in two engine options, xDrive40i and xDrive30d, and a total of four variants.
The BMW X7 xDrive30d Design Pure Excellence Signature variant (diesel) is locally-produced while the BMW X7 xDrive40i (petrol) is a completely built-up unit (CBU).
Both xDrive40i and xDrive30d carry a similar price tag - an ex-showroom price of Rs 98.90 lakh. The first car was sold in the Kochi showroom.
"For us, X7 is only the beginning. BMW India has the freshest portfolio in the luxury car market and all our latest launches are generating tremendous demand," said Rudratej Singh, President and Chief Executive Officer, BMW Group India.
The announcement comes at a time the German carmaker saw a slump in sale in the Indian market. The sales came down by 11 per cent to 7,049 units in the nine-month to September this year.
Despite this, the company has been in a bullish mode. It has announced an addition of 30 more sales and service points in the country by March, raising the total numbers to 100.
The overall car sales in the Indian market has also seen a 20% fall.
"The overwhelming success of the X7 is also proof that there is always a demand for the highest standards of quality and products that live up to these standards will be successful, regardless of the market situation," Singh said.