It seems to have happened this same way last year... 2012 X6 35i and 50i were assembled, shipped, and available for sale before the M. And for the same issue--hold because of EPA/CARB "Monroney" sticker issues. When I picked up my M in SC (during the first week or two of delivery), I asked the reason for the delay--they said that the X5 and X6 M versions are the smallest volume products made in SC, the largest percentage of them go outside of the US, and so they are lowest priority to get through all the US government certifications. Thus, the X5 and X6 M come out last for US. I don't know if that's really right or wrong, but if it's true then it seems to make sense.
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