E39 sedan (USA; pre-facelift) BMW E39 estate (Europe; pre-facelift) BMW 525i (Australia; facelift) European Market BMW 5 series (facelift) New "Angel-Eyes" BMW E39 M-Sport package after facelift
1997 The 1997 model year 5 series E39 was introduced into the US market in the spring of 1996. Models available were the 528i with an I6, and the 540i with a M62 V8. The on-board computer, called the Multi-Information System (MID), was upgraded in mid-1997. The 528i E39 was the first car ever to be fitted with CBC - Cornering Brake Control. 1998 1997-2000 BMW Saloon (Europe; pre-facelift) For 1998 optional rear side airbags became available, and both models also gained BMW's exclusive new Head Protection System, which consists of two tubular bags that inflate upon a side impact and pop out just above each front door. A new Sport Package for the 528i and 540i, as well as an automatic transmission 540i were added options. The Sport Package included black body trim (standard models had chrome around the top of the windows), a sport-tuned suspension, and 17-inch (430 mm) wheels and tires. In September 1998, the 540i's M62B44 was updated to the M62TUB44, adding 15 lb·ft (20 N·m) of torque. DSC first became available on 540i with automatic transmission as of 9/97
The high-performance M5 saloon returned to the BMW fold. Built in limited numbers, the M5 used a 400 hp (300 kW) V8 S62, and came with a firmer suspension, 18 inch wheels, a 6-speed manual transmission, and exclusive interior trim. Lower-body rear side airbags were standard on the M5, remaining optional for other models.
1999 1999 saw the introduction of the Touring (estate) body style and joined saloons in both I6 and V8 versions. New options for 1999 included brighter xenon headlights, Park Distance Control that warns of obstacles when backing up, and self-leveling rear suspension for estates. Standard on V8 models and newly optional for 528i versions was BMW's Dynamic