BMW To Cease Production On X7
Norbert Reithofer is BMW’s Chief Executive Officer who told consumers this week that they had decided to stop production for the larger sport-ute range of cars. This range includes the X6, X5, and X3 crossovers. He said that they had made this decision based upon the economic problems that the U.S. and Europe are facing and because sales for SUV’s have dropped to an all time low.