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Home News Auto News BMW Discontinues 3 GT Model Due To Pressure From The Bean Counters BMW Discontinues 3 GT Model Due To Pressure From The Bean Counters Auto News Siew Weng | March 19, 2019 04:52 pm The F34 BMW 3 Series Gran Turismo (3 GT) has always been met with critics who argue about its presence in the premium car’s line-up.Slotted in between the sedan and X3 SUV, the 3 GT was basically a more spacious 3 Series thanks to its taller roofline and a 5-door fastback body type.It comes as no surprise that the easily-forgotten BMW 3 GT will not see a successor as the company is preparing itself for a more financially-demanding period.The transition to more investments in electrified vehicles has left BMW with a 7.9 percent lower profit compared to last year. Group net profit was reported to suffer even larger at a reduction of 16.9 percent."We expect strong headwinds to continue to effect the entire sector in 2019. However, we are tackling these various challenges systematically, in order to emerge from them even stronger than before," stated Nicolas Peter, Member of the Board of Management of BMW AG, Finance. BMW said it will not build a successor to the 3 GT “despite a good level of demand”. More derivative versions will also be cut, together with the reduction in overall line-up complexity.Locally here in Malaysia, BMW not only offered the 3 Series Gran Turismo in two variants (a diesel and a petrol), they were also locally-assembled at the Inokom plant. It was on sale up to the early parts of 2017. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags 3 series gran turismo BMW BMW 3 Series Gran Turismo Print Related News BMW announces X1 and X4 CKD; price cuts for 3 GT, X3, and 5 Series Auto News Kon | April 25, 2016 BMW Group Malaysia has announced new CKD variants of the X1 and X4 sports activity vehicles, expanding its portfolio of locally-assembled vehicles in ... BMW Introduces Two Motor Plug-in Hybrid Concept In Vienna Auto News Hans | June 30, 2015 Following the overwhelmingly successful introduction of the BMW i8 (waiting period stretching up to 18 months now), and the upcoming BMW X5 eDrive ... BMW Group Malaysia To Pay For Your Car's GST Buying Guides Hans | June 30, 2015 No, they are not, at least not permanently. That was just a cheeky marketing line from BMW. According to an announcement made on BMW Group Malaysia’s ... BMW: Lessons From California For Successful EV Introduction Auto News Hans | October 06, 2015 In the quest to commercialise electric vehicles, incentivising customers at point of sale is far more important than formulating high level strategic ... Comments
BMW Discontinues 3 GT Model Due To Pressure From The Bean Counters Auto News Siew Weng | March 19, 2019 04:52 pm The F34 BMW 3 Series Gran Turismo (3 GT) has always been met with critics who argue about its presence in the premium car’s line-up.Slotted in between the sedan and X3 SUV, the 3 GT was basically a more spacious 3 Series thanks to its taller roofline and a 5-door fastback body type.It comes as no surprise that the easily-forgotten BMW 3 GT will not see a successor as the company is preparing itself for a more financially-demanding period.The transition to more investments in electrified vehicles has left BMW with a 7.9 percent lower profit compared to last year. Group net profit was reported to suffer even larger at a reduction of 16.9 percent."We expect strong headwinds to continue to effect the entire sector in 2019. However, we are tackling these various challenges systematically, in order to emerge from them even stronger than before," stated Nicolas Peter, Member of the Board of Management of BMW AG, Finance. BMW said it will not build a successor to the 3 GT “despite a good level of demand”. More derivative versions will also be cut, together with the reduction in overall line-up complexity.Locally here in Malaysia, BMW not only offered the 3 Series Gran Turismo in two variants (a diesel and a petrol), they were also locally-assembled at the Inokom plant. It was on sale up to the early parts of 2017. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags 3 series gran turismo BMW BMW 3 Series Gran Turismo
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
BMW announces X1 and X4 CKD; price cuts for 3 GT, X3, and 5 Series Auto News Kon | April 25, 2016 BMW Group Malaysia has announced new CKD variants of the X1 and X4 sports activity vehicles, expanding its portfolio of locally-assembled vehicles in ...
BMW Introduces Two Motor Plug-in Hybrid Concept In Vienna Auto News Hans | June 30, 2015 Following the overwhelmingly successful introduction of the BMW i8 (waiting period stretching up to 18 months now), and the upcoming BMW X5 eDrive ...
BMW Group Malaysia To Pay For Your Car's GST Buying Guides Hans | June 30, 2015 No, they are not, at least not permanently. That was just a cheeky marketing line from BMW. According to an announcement made on BMW Group Malaysia’s ...
BMW: Lessons From California For Successful EV Introduction Auto News Hans | October 06, 2015 In the quest to commercialise electric vehicles, incentivising customers at point of sale is far more important than formulating high level strategic ...