Autocar India reports that BMW is working on a cheaper version of the highly successful 3-series taking the car to a wider audience. The model, called ‘Executive’ will be exclusively available to fleet operators at a price tag of approx 24lakhs! At this price, it will lose some key features but at this price, it is a steal!

Mahindra Xylo Refresh launched at Rs.7.37 lakh
Chevrolet revamps the Captiva and introduces the Tavera Neo3
New Mahindra Xylo debuts on Wednesday!
New Honda Dio Scooter launched
Maruti Suzuki launches the 2012 version of the DZire