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The third car road-going version produced 195 bhp (145 kW; 198 PS) (catalyzed model). Evolution models (not sold in North America) continued with 2.3 liters but adopted revised exhaust-cam timing, increased compression along with the lack of a catalyst producing approximately 215 hp (160 kW). Later the Sport Evolution model production run of 600 (sometimes referred as Evolution III) increased engine displacement to 2.5 L and produced 238 hp (175 kW). 786 cabriolets were also produced, all by hand in BMW's Garching plant; at the time the 215 hp (160 kW) example was the world's fastest four-seat convertible.
Ezra Dyer of Automobile Magazine once suggested that "...car magazines generally regard the M3 the same way a four-year-old regards Santa Claus." Car and Driver praised the M3 so much that they placed the E90 M3 in first place in a comparison test against the Nissan GT-R and the Porsche 911 Turbo.
APP Europe had a few goals when they decided to modify the current BMW M3, which was to create a track day car with reduced weight, better driving dynamics, added engine performance and stable braking. The result is this, the StopTech M3.
Starting off, they played with the M3’s 4.0-litre V8 engine and increased power output to 450 hp from the standard 420 horses with the help of a tuning kit from Collaction AG. This also adds 40 Nm of torque to make 440 Nm. Next was the brake system by StopTech, which comprises forged aluminium and anodized 6-piston calipers with two-piece 380 x 32 mm discs at the front and 4-piston calipers on 355 x 32 mm discs at the back. This set is claimed to be much lighter and more powerful than the stock items.
To improve driving dynamics, APP added a KW Club Sport suspension, a titanium exhaust system and 19-inch ATS ‘Race Light’ wheels covered with Michelin Pilot Sport 2 tyres. The exhaust system is 23 kg lighter than the standard set, while each new wheel is 1.5 kg lighter than the ones supplied by Munich. Instead of matte black, this car’s skin gets a matte titanium silver foil for a metallic effect and clean finish.