The low-slung four-seater was intended as a rival for the Maserati Quattroporte and upcoming Porsche Panamera. The company said it no longer expects to break last year's sales record of 1.5 million vehicles in 2008 and product initiatives will now focus on more efficient smaller cars.
The Concept CS, which takes its name from highly styled BMWs of the 1960s, is longer, wider and lower than BMW’s current flagship saloon, the 7-Series. It was first shown to the public at the Shanghai Auto Show in spring this year as Asia is likely to account for a big piece of any future growth in sales of high-end luxury cars.
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