The vehicle was unveiled at the 2014 New York International Auto Show, followed by the 13th Beijing International Automotive Exhibition 2014, and at the 22nd Auto Mobil International Leipzig 2014. Models included xDrive20i, xDrive28i, xDrive35i, xDrive20d, xDrive30d, and xDrive35d.
The M Performance M40i model was announced in 2015. It was officially revealed at the 2016 Detroit Auto Show, and produces 265 kW (355 hp) and 465 N⋅m (343 lb⋅ft) from its turbocharged 6-cylinder engine. It has a 0-100 km/h time of 4.7 seconds. It went on sale from February 2016.