An all-new BMW M5 is nearly here as a 2024 model. It’ll get a new curved display, a hybridized powertrain, and dapper new looks. According to a new report, it might also get a wagon variant (dubbed Touring) which could end up being the perfect rival to take on Audi’s RS6 and Mercedes’ E63 wagon. BMW has offered a Touring version of the M5 only twice in the past: first with the E34 from 1991 to 1993, which was the M brand’s last hand-built car, and then with the V10-powered E61 series from 2007 to 2010.
The new version of the M5 sedan is codenamed the G60 and it’s almost certainly coming with the same powertrain as the one found in the XM SUV. If correct, that’ll mean that the new M5 develops 644 hp (480 kW) and 590 lb-ft (799 Nm) of torque. That’s up from the current generation which makes 617 hp ((460 kW) in competition form) and 553 lb-ft (748 Nm) of torque.
The new report coming from Car and Driver says that BMW is currently considering a Touring wagon version for the American market. It says that it’ll be dubbed the G99 and that it would go into production as early as late 2024. In addition, it believes that it’ll be available with the same 738 hp (550 kW) that the XM Red Label is.
Read: 2025 BMW M5 Hybrid Makes Spy Debut Showing Its Aggressive Bodykit
Somehow the news of a potential M5 wagon isn’t where the news stops. C&D says that a source “in the know” claims that it has rear-wheel steering and optional 22-inch wheels. If accurate, it’ll actually skip the 644 hp configuration already finalized for the XM and go straight to something more powerful for the base version of the M5.
All of this sounds just lovely but don’t forget that with the addition of electrification almost always comes one big penalty: weight. It’s estimated that the 2024 M5 is going to tip the scales somewhere in the neighborhood of 4,800 pounds (2,177 kg). If true, it would weigh more than most versions of the E65 7-Series.
We’re at best many months from any sort of confirmation on the idea of a new M5 wagon for the U.S. market so let’s take that time to dream. It may be the closest we get to a semi-practical electrified fire-breathing M5 anytime soon.
