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M5 Touring models are few and far between as the ultra-rare E34 from 1992 wasn’t followed until 2007 (until 2010) by the E61. It looks like BMW is preparing for a third iteration of its massive speedy estate as sources familiar with the company’s agenda claim the AMG competitor E63 is coming back. It’s believed series production will begin in November 2024, which could mean we’re roughly two years away from an official reveal.
Bimmer’s post forum member ynguldyn is a well-known BMW insider who has been right time and time again in his predictions about unreleased models. He believes the M5 Touring carries the code name “G99” and will follow the M5 Sedan G90 which will go into production in July 2024. Both body models are rumored to get a plug-in hybrid V8 powertrain from XM that will come with its new twin-turbo. 4.4 liter V8 engine (S68).
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A V8 will complement the inline-six of the E34 and the rev-happy V10 of the E61 while packing some serious punch. In the peak specs of its range slated for 2023, the XM will have about 750 horsepower and 1,000 Newton-meters (738 pound-feet) to mirror the XM Concept. Needless to say, the M5 Touring is expected to be an xDrive-only affair, with power transfer being done exclusively via the automatic transmission.
Now that the M3 Touring is finally out and about, the potential return of the long-roofed M5 would allow BMW to sell two fully fledged M wagons for the first time. Mercedes and Audi have been doing this for years with their C63/E63 Estate and RS4/RS6 Avant pairs, so it’s about time their arch-rivals followed suit.
Meanwhile, the next-generation 5 Series Sedan is slated for a 2023 release with petrol, diesel, and plug-in hybrid powertrains, plus a fully electric i5. Speaking of which, the zero-emissions model is believed to be getting the more practical Touring treatment as well, but nothing is official at this point.
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