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Originally Posted by chilliwilli
LeMans...so will there be a performance IS and an X5 ///M or could this be the X5 ///M? I figure that since inception X5 has always had 3 models. Or perhaps BMW seeks to grow the X5 line by adding a 4th model... 
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It will be X5 ///M. No 4th model.
My earlier post on BMW registering the X5 ///M trademark in May 2008.
It will have a TT V8 engine and the car will be called X5
///M....will hit the market by end of 2009. Future BMW-M-Models might well be turbocharged, but they will always offer higher rev-limits than normal BMWs. There are no plans for Diesel-cars from BMW M, but he does not say that Diesel-Ms are impossible. BMW M will offer ceramic brakes as option for some models in the near future.
Quoting Ludwig Willisch from the BMW M GmbH for AMS magazine interview:
The BMW M GmbH is working effectively on X5 and X6 M projects, but the earliest they will be on the road will be end of 2009. We expect the sales to be similar to that of M5.