BMW 8 Series Model Line Confirmed For 2018 Launch
last published date : 11 May 2017, 23:13 IST
Highlights
- The BMW 8 Series Coupe will debut in 2018
- The 2018 BMW 8 Series Coupe will take on the Mercede S-Class Coupe
- BMW will now focus more on its performance range of models
BMW said it will launch an 8-series model in 2018, reviving its upmarket coupe line as part of a broader strategic shift to focus on higher-margin sportscars rather than compact vehicles.
"The 8-series Coupe will debut next year," Chief Executive Harald Krueger told shareholders at the company's annual general meeting in Munich on Thursday.
"We are refreshing our entire product portfolio and strengthening the performance side. Our strategy will focus on the luxury segment, where there are margins to be earned," Krueger said, adding that he aimed to increase revenues in the luxury segment "significantly" by 2020.
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