The world of luxury E-segment crossovers and SUVs is a highly competitive one, a segment that’s currently dominated by the BMW X5 – which commands a quarter of the market – as well as other rivals like the Mercedes-Benz GLE and Acura MDX. The Lincoln Aviator, on the other hand, sits near the bottom of the bunch with a five percent market share as of Q4 2022, a two percent decline over the same period a year prior. A refreshed 2024 Aviator is in the works, as Ford Authority reported last month, but it will soon do battle with the also-updated 2024 BMW X5, which was just revealed.
The 2024 BMW X5 aims to keep the crossover atop the luxury E-segment ranks – though the X5 was also BMW’s best-selling model last year, to boot. On the outside, the German automaker gave the X5 new front and rear end styling, which is more conventional than the audacious – and controversial – X7, as well as numerous other newer BWM products with massive kidney grilles up front. In this case, slim LED headlights frame a more reasonably sized pair of grilles, while the optional M Sport package adds a host of black trim to the mix.
BMW also treated the X5 to some interior revisions for the new year, including a restyled dashboard and center console, trading the traditional gear lever for a toggle switch. One long piece of glass covers a 12.3-inch digital gauge cluster and a 14.9-inch touchscreen, while new lighting features include an ambient light bar, welcome lighting, and puddle lights. Meanwhile, instead of leather, BMW opted to cover the seats in a vegan alternative dubbed Sensafin.
In terms of powertrains, the 2024 BMW X5 gets more power across the board. The 40i features a turbocharged 3.0L I-6 that produces 375 horsepower and 398 pound-feet of torque, while the M60i gets a twin-turbo 4.4L V8 making 523 horsepower and 553 pound-feet of torque. Both engines utilize 48-volt hybrid systems and an eight-speed automatic transmission, while xDrive is standard on all models except for the rear-wheel drive sDrive40i. Finally, the xDrive50e PHEV makes 483 combined horsepower with around 40 miles of all-electric driving range, while BMW hasn’t yet shared details on the new X5 M.
The 2024 BMW X5 starts out at $66,195 for the base sDrive40i – $3,600 more than the 2023 model – while the xDrive50e costs $73,495, and the M60i at $90,295. Production is slated to begin in April, with deliveries beginning soon after.