BMW BMW-1.71%decrease; red down pointing triangle expects trade tensions between the U.S., China and European Union to cost it around 1 billion euros ($1.09 billion) this year, the carmaker’s ...

BMW confirmed the iX3 electric SUV will be the first of the "Neue Klasse" models to launch. The iX3 is scheduled to arrive late this year, and an electric 3-series sedan will follow in 2026.

So far, there have been six BMW M3 generations, starting with the homologation special E30 in 1989 and its 2.3-liter inline-four engine. The second-gen E36 BMW M3 models followed in 1995 with the ...