German car major BMW, which on Thursday unveiled two new ultra-high performance sports cars from the M series -- the BMW X5M and X6M -- said it will open six more super luxury sales outlets under the M Studio label next year.
The launch is primarily aimed at cashing in on the booming performance car segment in the country.
The all-new X5M, sporting a 4.4-litre 8-speed petrol engine, comes at Rs1.5 crore while the X6M with the same engine specifications costs Rs1.6 crore, all ex-showroom, India, as these are imported from its Munich plant.
Though these new cars have no direct competition in the domestic market, they will be pitched against Mercedes G 63 AMG, which though is a much higher model (priced at over Rs 2.3 crore) than the BMW ones.
The M series is the performance vehicles range of BMW which mostly sells these models through special outlets called M Studios.