BMW confirmed yesterday that it had developed an M5 convertible 20 years ago, but cancelled plans to produce it a week before it was to be launched at the Geneva Motor Show. The E34 M5 Convertible was shown to a select group of journalists at an event that celebrated 25 years of the BMW M5.
The car, which was set to be launched during the Geneva Motor Show at the time, was cancelled due to sales concerns.
The reason for the drop of an M5 convertible was due to belief that it would cause a demand for a base 5-Series convertible, which would jeopardize sales of the highly-profitable 3-Series convertible.
– By: Kap Shah