We have been hearing about the rumors of some new BMW 3-series based crossover vehicle and now, BMW has reported the development of a new model dubbed F3, which is slated for a 2010 launch. The new CUV based on the 3-series will be based around the modified 3-series platform and will either the rear-wheel drive or BMW’s xDrive AWD system. The F3 has been possibly designed to target the Honda CR-V and the Toyota RAV4. The F3 will be below the current model X3, both in price and size. Anyway, the 5-Series based MPV is anticipated to be revealed in mid-2009. Via: WindingRoad