-3 Series Gran Turismo will be axed for the new model
-Despite popular demand, GT will be discontinued due to cost-cutting efforts
The reason for the GT facing the axe is the upcoming cost-cutting efforts. In a press release, the company outlined its 'strategic course' to tackle 'challenging conditions', with key issues identified including political uncertainty, a cooling global economy, rising production costs, exchange rates and rising raw materials prices. To counteract these negative factors, measures already in place to reduce product portfolio.
There hasn't been a firm date set as to when the 3 Series GT will officially end production, but given the new-generation 3 Series sedan is already in the international market, it's likely the liftback version of the nameplate will be phased out over the coming months.
While BMW plans to retire some of its lower-volume models, the company also plans to introduce a range of electrified vehicles this year, including the 3 Series, 7 Series, X3 and X5 plug-in hybrids shown at the Geneva motor show earlier this month