A fourth generation of BMW's high-dollar flagship 7 Series sedan arrived in the form of the 745i/745Li early in 2002 as midseason 2002 models. They come equipped with a V-8 engine and what the automaker claims is the world's first six-speed-automatic transmission. The regular-size 745i went on sale in January 2002, and the longer-wheelbase 745Li joined it in March.
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