It turns out that all the leaks are true. Google has finally released a bright red Nexus 5, the first Nexus device to have such color.

The pricing remains the same with the 16GB and 32GB variants at $349 and $399 respectively. This bright red Nexus 5 still packs a quad-core Snapdragon 800 processor with 2GB of RAM, a 5-inch full HD screen, 8MP & 1.3MP cameras, and a 2300mAh battery. It comes with the latest Android 4.4 KitKat.
It is already on sale on Google Play Store in the U.S., U.K., France, Italy, Spain, Australia, India, Japan and Korea. A wider European rollout is expected soon.
(source)

Instead of this I wish they made it as a special “KitKat” version kinda like this: the word “Nexus” embossed in white and white front surface instead of black. I’ll get one in a heartbeat.