BMW to launch SUV; new bigger X3 also on the cards

Till now, you have seen Japanese and American carmakers rulling the premium-SUV space by selling their Honda CR-V, Toyota Fortuners, Chevrolet Captiva, Mitsubishi Pajero and Mitsubishi Outlander. The Japanese and American carmakers didn't have to worry about their Deutsche cousins who were sitting pretty in the fat cat segment of the market. But things are going to change soon if the Munich-based carmaker BMW gets its act right. The iconic automobile manufacturer is all set to let the cat lose among the pigeons with the BMW X1, its new and affordable crossover compact SUV.