Rumors about a BMW M2 have been swirling for years but Bimmer Post is reporting the model has been approved for production.

Rumors about a BMW M2 have been swirling for years but Bimmer Post is reporting the model has been approved for production.

Citing company insiders, the website says the highly-anticipated model will go into production in the fall of 2015 and be delivered to customers in late 2015 or early 2016.

Specifications are a little light at the moment but sources have indicated the model will use a turbocharged 3.0-liter six-cylinder engine that develops approximately 370-380 PS (272-279 kW). This would make the M2 44-54 PS (32-39 kW) more powerful than the M235i Coupe which can accelerate from 0-100 km/h in as little as 4.8 seconds with the optional eight-speed automatic transmission.

Little else is known about the car but it is reportedly codenamed pyrat2 and will be known as the F87.

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BMW M2 approved for production, could feature 380 PS - report