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BMW has finally confirmed that it developed an M5 convertible 20 years ago, but canned it a week before it was due to be launched due to sales concerns.
The long-rumoured car was shown to a select group of journalists at an event celebrating 25 years of the BMW M5, and autocar.co.uk has obtained exclusive photos.
Hi-res BMW M5 convertible pictures
BMW confirmed that the car, which had two lengthened front doors and seating for four, had been developed for sale at a price of £50,000.
It was all set to be launched at that year's Geneva motor show, with BMW booking space for it on its stand, but a week before the event it was canned.
BMW confirmed that it was abruptly dropped as it believed it would result in demand for non-M 5 Series convertibles, which could have harmed sales of teh highly-profitable drop-top 3 Series.
Greg Kable
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