The German luxury brand BMW is all set to launch the new BMW X3 on August 25, 2011. According to sources, the new BMW X3 will be launched with all-diesel variants and 3L inline six turbo diesel engine. The new BMW X 3 price is expected to be in the range of Rs 41.2 lakh to Rs 42.2 lakh. The 2011 BMW X3 crossover model has been launched with a 2 liter diesel engine producing a maximum power output of 180 Bhp and a maximum torque of 350 Nm.