If we are to believe a report from UK digital car magazine i-Motor, BMW has cancelled the development of an “M” version for the new Z4 roadster with the retractable hardtop because of the “ongoing financial crisis” and “lack of customer demand”. Here’s what the BMW spokesman -whose name was not disclosed- revealed to the British magazine: “Given the current economic crisis there is no business case for a full-on M version of the Z4”.

If that’s the case, then how can one explain the introduction of the X5M and X6M crossovers that are due to be unveiled this April?

Well, according to the unnamed spokesperson, the M-prepped variants of both the X5 and X6 were already under development and had been given the green light from the company’s officials before the car market crashed down.

While we’ll have to wait for some sort of official announcement from BMW to see whether or not the car has been truly canned, we must say that even though the X5 and X6M’s development (may have) proceeded that of the Z4Ms, we fail to see the logic behind a decision that prefers two (totally unnecessary) M crossovers over an M roadster model, especially since the X5 and X6 are already offered with a mighty 408HP twin-turbo V8 engine.

Via: i-Motor