BMW to launch Rs.60-lakh car

New Delhi: Automobile manufacturer BMW India Friday said it would launch a roadster, Z-4, priced between Rs.50-60 lakh, in October.

“We aim to sell about 3,000 units (of all models) by the end of December. The company sold 2,908 vehicles last year,” said BMW India president Peter Kronsehndal.

BMW is also looking at expanding its dealership network from the 12 to 22 by the end of next year, Kronsehndal told reporters Friday.