BMW's new look 5-series Touring

As BMW launches its new 5-series this week, we can reveal the new look of the 5-series Touring version.

As BMW launches its new 5-series this week, we can reveal the new look of the 5-series Touring version.

Due to be introduced next year, there are rumours that the BMW 5-series Touring will be available in an M version.

This probably means a super 5.5-litre V10 power plant - producing an enormous 500 bhp - will compliment this sporty BMW estate.

Other engines in the range will be a 2.2-litre, 2.5-litre and a 3-litre. There will also be a 4.4-litre Valvetronic V8, which is similar to that in the 745i.

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Meanwhile BMW's pre-tax profit dropped 18 per cent in the first quarter, weighed down by the cost of the biggest new model programme in its history, yet relieving investors who had feared a sharper fall.

The carmaker said lower sales of its core luxury brand combined with new model costs knocked pre-tax profit down to €830 million, while net income fell 19 per cent to €510 million.

Analysts had forecast pre-tax profits of €762 million, down from more than a billion a year ago. BMW stock, which has outperformed European peers by close to 5 per cent since the start of the year, rose as much as 3.8 per cent.

The first quarter is usually a weak one, so the results are seen as a very good basis for the year. Return on sales at the automobile business came in at 7.7 per cent.

Its focus on making a small number of expensive luxury cars has traditionally kept BMW's profits roaring ahead of mass-market rivals, but it has tripled the number of model ranges it offers since the early 1990s, and will have 11 product lines on offer by the end of the year.

Unlike its fellow German automaker, VW, which claims the strength of the euro helped its profits down by two-thirds in the first quarter, BMW says exchange rates had no effect on profits.