In October 2015, BMW revealed the new flagship 2-Series, the M2. It is an indirect successor to the 1-Series M Coupé.

The M2 Coupé began production in late 2015 and went on sale in the UK in April 2016, and its world debut was at the 2016 North American International Auto Show in Detroit. The car is powered by the BMW N55 engine, tuned for 370 PS (272 kW; 365 bhp). With the 6-speed manual gearbox, the M2 will accelerate from 0 to 100 km/h (62 mph) in 4.5 seconds, or 4.3 seconds if equipped with the 7-speed DCT automatic. The top speed is electronically limited to 250 km/h (155 mph), but the limiter can be raised to 270 km/h (168 mph) as an option. Although a convertible M2 is rumored for production, only a coupé variant has been confirmed.