BMW X7 canceled
Back in June we reported that BMW might work on a new super luxury SUV supposed to be called X7. But now it looks like BMW will spend its time on more fuel efficient products. According to BMW CEO, Norbert Reithofer, there will be no big SUV, but instead there will be a hybrid version for both X6 and the new 7-Series. The 7 Hybrid will make its debut in the second half of 2009.
There is also confirmation that a four door GT model will make its way into the market. On the horizon as well there will be a new Mini SUV and a new Rolls-Royce Phantom.
Source: BMW Blog