BMW M2 is scheduled to arrive on the market in 2015. The successor of the limited-edition but very successful 1M is built on the new 2 Series Coupe which arrives in dealerships next year.

Compared to its predecessor, the BMW M2 will undergo a longer development phase. With an aggressive package, the M2 will strongly differentiate itself from the M135i hatch and the M235i Coupe model. The M2 is said to sport an unique fascia with large air intakes, wider track and wider rear fenders, as well as a rear spoiler and the signature M four-exhaust pipes.

Furthermore, the M2 will be available only in coupe form with no plans for another body style. At least in the initial phase.

Power will be sent to the wheels via the rear-wheel drive platform. Even though in the past we have heard of rumors around a four-cylinder banger powering the M2, Car and Driver says that an upgraded version of the 3.0 liter TwinScroll turbocharged engine might be used with a total output of 360 horsepower.

The M2 will use BMW’s proven compact rear-wheel-drive platform, shared with the current 1-series and similar to that of the 3-series. An all-wheel-drive version of the M2 is possible in theory, but don’t expect one.

BMW M2 will compete against the Audi RS3, Mercedes-Benz CLA45 AMG and Volkswagen Golf R.

Rendering artist Jerry Alvarez has put together a new set of renderings that illustrate how the design of the M2 might turn out.