According to a recent report, BMW has approved production of the 3-Series Gran Turismo. Destined to go into production in 2011, the 3-Series GT will offer the same odd styling and hatchback versatility of its bigger brother, the 5-Series GT.
In an interview with Edmunds, BMW CEO Norbert Reithofer said, "We haven't cancelled the crossover of the 3 Series, as it is considered a volume builder with which we can earn good money."
Set to be priced somewhere between the standard 3-Series and 5-Series, the 3-Series GT will take on the rival luxury wagons and small SUVs. Ironically, the 3-Series GT could also steal sales from BMW's more traditional 3-Series wagon and upcoming X1 crossover.
Power will come from the 3-Series' extensive lineup of engines but, thankfully, no M3 version appears to be planned. As we have previously reported, the 3-Series GT could also be offered with a hybrid powertrain and all-wheel drive.
A concept or production version could appear at the Frankfurt Motor Show, so stay tuned for details.