New Leica film camera rumored to be announced in October - Leica Rumors
I have been reporting for a while about a new Leica M film camera that will replace the current Leica MP model. The first rumors indicated a new “cheap” M film version, but I think it is safe to assume that the new camera will not be cheap. A press event is already scheduled for […]
leicarumors.com

I was responding to your original suggestion that Leica take the MP, add an angled crank and a red dot and sell it for $2K less than current MP prices. I don't personally think that would be a successful proposition. But a film camera that can be produced more cheaply/efficiently than the current cameras and uses less expensive materials is a different story.