The BMW M3 (E36) is the second generation model of the BMW M3 series. It is powered by a 3.0 litre inline-six engine with BMW's VANOS variable valve timing and based on a redesigned chassis that includes a multilink rear suspension. The E36 M3 offers more refined driving characteristics in comparison to its homologation special predecessor. It was initially available as a coupé and became available as a saloon and convertible in 1994.