BMW Group Malaysia could be looking to increase the prices of its models next year should the ringgit continue to weaken further against the euro, Bernama reports. “If the situation continues (weakening of the ringgit) I do not rule out the possibility of price increases by early next year,” said the group’s CEO, Alan Harris, at the launch of the locally-assembled BMW X6 xDrive35i M Sport.

According to Harris, the firm was placed under a significant amount of pressure when the ringgit slumped to close to RM4.90 per euro. “Last year, when ringgit was at RM3.80 to RM3.90 to the euro, we did not discuss about currency, but now we talk about RM4.90 per euro and this is a significant devaluation and creates pressure,” he added.

Up till August 2015, BMW Group Malaysia has delivered a total of 5,610 vehicles in the country. The total is comprised of 4,475 units from BMW while the remaining figures were made up of 481 deliveries by MINI and 654 BMW Motorrad motorcycles.

The BMW X6 xDrive35i M Sport is the ninth locally-assembled model to be introduced by the group. Said sports activity coupe (SAC) is powered by a 3.0 litre TwinPower Turbo six-cylinder engine with 306 hp and 400 Nm of torque. It is priced at RM666,800 inclusive of on-the-road costs sans insurance and carries a five-year unlimited mileage warranty along with BMW’s Free Scheduled Service Programme.

GALLERY: CKD BMW X6 xDrive35i M Sport