The company claims its cars are “The Ultimate Driving Machine” and the M5 has always been the embodiment of that that statement.
Car says the company’s focus has now switched to developing a battery electric version of the next generation 5 Series sedan which will carry the iconic M5 label.
But a combination of production delays caused by the coronavirus pandemic and high development costs have forced the company to shelve the M Next project, according to Car Magazine.
BMW’s M division has been responsible for creating halo cars for the company for decades, primarily the mighty M5, which debuted in 1985.
If it doesn’t figure out how to bring a mass market electric car to market soon, there may be no future for the company.