BMW has launched BMW X1 with comparatively lower price tag to capture more market share and to make its position stronger in luxury car market. The powerful SUV from BMW is priced in the range of Rs 22 to 30 lacs. The company unveiled this stylish SUV at Delhi Auto Expo on 23rd December 2010. BMW X1 is launched in 3 major variants that are available with six speed automatic gearbox. The three variants of the car are equipped with a petrol engine and 2 diesel powered engine. The affordable SUV, BMW X1 is launched in India as a CKD (Completely Knocked Down) unit and will be manufactured at the company’s Chennai based manufacturing plant.