An all-new entry level BMW SUV will make its U.S. debut next week at the New York Auto Show. Called the X1, BMW says in a press release that the new luxury compact SUV will be on sale stateside this summer.

While BMW hasn’t yet announced pricing or where the SUV will slot in the automaker’s U.S. vehicle lineup, BMW’s United Kingdom website indicates that the X1 slots below the X3 in both size and price. BMW’s other U.S. market SUVs are only available with all-wheel drive, but it is not yet clear if the X1 will follow suit, or if a rear-wheel drive variant will also be offered.

“BMW will only make one engine available in the U.S., its 2-liter four-cylinder with direct injection and a twin-scroll turbocharger,” writes CNET. This is the same engine already found under the hood of the base 3-Series and 5-Series sedans. Fuel economy numbers for the X1 are not yet available, but the turbocharged engine in the base 3-Series gets 23/33 mpg city/highway, and is good for 23/34 mpg in the base 5-Series, according to the EPA.

When it goes on sale this summer, the X1 will likely start at less than $37,100, which is the base price of the 2012 BMW X3.

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