<ul><li>BMW won't be building a new supercar like the iconic M1 anytime soon as the project was canceled at the last minute.</li><li>The company's focus is on high-performance models currently, with the upcoming Neue Klasse architecture supporting electric and gas-powered versions of the M3.</li><li>The new M1 that BMW was working on would have been a 600-horsepower plug-in hybrid, but the project was scrapped in favor of the XM.</li><li>BMW believed customers preferred SUVs over sports cars, leading to the decision to prioritize the XM, which is not selling well currently.</li></ul>

Bad News: BMW Won't Build a New Supercar Anytime Soon

Discover more