BMW M8 and i8s reportedly axed

 BMW M8 and i8s reportedly axed
BMW has reportedly decided to kill several projects that were started under outgoing CEO Dr. Norbert Reithofer.
According to Automobile's sources, these doomed models include the 9-Series Coupe, the Z2 Roadster, the i8S and the highly-anticipated M8 which was rumored to be a modern day successor to the iconic M1.

While the news is unfortunate, the cancellations haven't affected the i5 which is scheduled to be green-lighted in October.  It will reportedly ride on the company's new rear-wheel drive platform and be about as long as the i8 but roomier than the 3-Series.
The electric verison is slated to feature two electric motors - with outputs of approximately 225 bhp and 135 bhp - while the plug-in hybrid is expected to use either a 1.5-liter three-cylinder or a 2.0-liter four-cylinder engine as well as a 275 bhp electric motor and a 75+ kW battery.  It everything pans out, the latter model will have a combined maximum output of up to 400 bhp which should be enough to allow it to accelerate from 0-100 km/h in less than 4.5 seconds.
The i5 will reportedly be launched in 2019 and cost approximately $5,500 more than the upcoming 3-Series plug-in hybrid.
Source: Automobile