The German luxury carmaker, BMW was recently reported by Gasgoo.com of planning to add a new 6-Series to its China portfolio and will sell the model at 1.07 million yuan or $144,670.

Just last week BMW has unveiled its new BMW 6 Series Coupe and BMW 6 Series Convertible at the Guangzhou Auto Show. BMW 630i Coupe and Convertible are to be sold at prices ranging from $144,670 to $151,805 while the 650i Coupe and Convertible are to be sold at $193,763 and $206,963 respectively.

The new BMW 650i is powered by the popular 4.8 liter V8 engine which revs up 360hp and 360 pound-feet of torque. Meanwhile the 630i is equipped with a 3.0 liter V6 engine that features the Valvetronic technology and enables it to reach a top speed of 155 mph.

Mr. Karl-Heinz Schmid, President of BMW China Automotive Trading Ltd said during the Guangzhou Auto Show, "BMW is also committed to developing hybrid vehicles starting 1990, and our vehicle emissions have dropped by some 30 percent in the past two decades. We have officially partnered with DaimlerChrysler and GM on development of a hybrid drive system, which will help us improve fuel efficiencies further."

For the first three quarters of this year the BMW Group both BMW and MINI combined has obtained a total of 36,300 units of sold vehicles, posting an increase of 37 percent from a year earlier that is according to the company.