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BMW Confirms Next-Generation M5 Will Have Hybrid V8, Touring Configuration

BMW is hard at work on the next-gen M5, which will have a hybrid powertrain and a Touring version in 2024

2024 BMW M5 Touring prototype
  • The seventh-generation BMW M5 will be sold with a hybrid powertrain.
  • BMW is also working on a wagon (Touring) version, though it may not be sold in the U.S.
  • The new M5 will make its debut in 2024.

A new 5 Series for BMW invariably means that a new high-performance M5 is also on the way. The M5 has spanned across six generations of 5 Series, and now we know for sure that a new one is coming, but with one major shakeup: the addition of a hybrid system.

"We are now also installing a hybrid drive system with typical M performance in other high-performance cars," says Dirk Häcker, head of development at BMW M. It’s easy to figure out where this powertrain comes from, and where it’s going. The hybrid powertrain Häcker is speaking of is likely the hybridized twin-turbocharged 4.4-liter V8 found in the BMW XM. Where it’s going should be evident from the photos — the seventh-generation BMW M5. But the long-roofed silhouette seen here will be the Touring (wagon) version. Rest assured, there will be a sedan as well.

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2024 BMW M5 Touring rear profile

In the XM that hybrid powertrain kicks out 644 horsepower and 590 lb-ft of torque. Those outputs will likely be similar in the M5, with a Competition version bringing more power. However, some speculate the M5 could start with around 700 horsepower. Speculation aside, the big news out of Munich today was to confirm the further hybridization of the M lineup and announce the M5 Touring.

BMW says that the new sedan/wagon is now out on public roads, signaling the start of the practical phase of the development process. It’ll be interesting to see how the powerplant works in a smaller, somewhat lighter platform. The XM is a powerhouse, yes, but not exactly an enthusiast’s idea of a driver's car. It isn't as sharp as we've come to expect from M cars of late, and if that wasn't bad enough, the XM gives up too much in the way of everyday comfort and practicality to properly fill the role of SUV. We're hoping the new M5 rights these wrongs and comes in at a less stratospheric price. Still, expect to see a small all-electric range in the new M5 to help with this, just like in the XM.

As for the Touring, it isn’t clear where the wagon body style will be offered. For now, BMW’s only M-fettled Touring model, the M3, is sold exclusively in Europe. Audi brought us the RS6 Avant to the States a few years ago, and there’s no doubt BMW was watching when that happened. Demand for the M5 Touring has been rabid in enthusiast circles but they (like us here at Edmunds) make up a tiny portion of the market. As a result, we don't recommend getting your hopes up to see the wagon stateside. No matter what, though, BMW says the M5 will be here in 2024.

2024 BMW M5 Touring rear detail

Edmunds says

We’re excited to see another performance wagon in the works. BMW has been making M5 wagons at different points in the model’s history dating back to 1992. Even if in small numbers, we have no doubt a small but wealthy group of enthusiasts would kill to have an M-badged Touring model in their garage. The ball is in BMW’s court, and we’re hoping the added hybridity doesn’t ruin the new M5.
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