Besides announcing that its net profit for the third quarter dropped 63 percent as a result of global economic turmoil, BMW’s CEO Norbert Reithofer said today that the company has decided not to build a production series of the Concept CS.
You can stop screaming in agonizing pain now. According to Automotive News Europe Reithofer told the media during a conference call that as a result of cost and efficiency measures, BMW will no longer offer a series version of the Concept CS since the car “does not meet the internal requirements for the rates of return.” Basically that means it doesn’t make business sense for BMW to produce the car. Okay, continue screaming in disappointment.
The production Concept CS was a four-door-coupe that was planned to compete with the upcoming Porsche Panamera, Aston Martin Rapide, and Mercedes-Benz CLS.
That just makes us think if recent reports of a green supercar from BMW are true or not.
BMW CS Concept at the 2008 New York Auto Show: