BMW has confirmed plans to launch ten all-new models by the end of 2014.
The company withheld specifics, but said they will launch eleven new models in 2013 and "some 25 new models" before 2015. The new models will likely include the redesigned X5 and facelifted 5-Series / 5-Series Gran Turismo, while the all-new models will consist of vehicles like the 2-Series Coupe / Convertible, 4-Series Coupe / Convertible / Gran Coupe, i3 and i8.
Speaking of the i3, BMW Chairman Norbert Reithofer confirmed the first "pre-series" model rolled off the assembly line in January. He also revealed the company has already received "several hundred" advance orders for the electric / ranged-extended model.
Despite expectations to sell more vehicles this year, BMW predicts pre-tax earnings will remain flat for 2013. The company is chalking this up to a "high rate of expenditure for new technologies and models" but that hasn't stopped their plans to sell two million units annually by 2020.