2024 BMW XM Label Red revealed with 738 hp

BMW’s XM performance SUV revealed last September to mark 50 years of BMW M has spawned a more powerful range topper. It’s called the XM Label Red, and its hybrid V-8 powertrain pumps out a heady 738 hp—a figure that makes it the most powerful road-going vehicle ever developed by BMW M. It’s also a significant jump up from the standard XM…