Why was BMW sued by American E28 M5 owners?
When BMW of North America first anounced the E28 M5 in late 1986, production was said to be limited to 500 cars. But by the time production ended in November 1987, however, almost triple that number had been produced. Thus, a class action lawsuit was filed against BMW by E28 M5 owners who claimed that the collector’s value of their cars was diminished by the greater volume. The company settled the case by giving these owners a rebate on the purchase of a new BMW.
