The 2012 X5 models are now up on the BMW Canada website. From what I can see in the pictures, they went back to the black plastic flares and running boards on the M Sport Package (instead of the painted ones). I guess the paint chipping issue was serious enough to warrant that change.

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Christian

2012 BMW X5 50i Black Sapphire/Black Nevada
2003 BMW 325i Jet Black/Black Leatherette