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The BMW Z3 is BMW’s first mass-produced mass market roadster, and was the first new BMW model to be manufactured in the United States.
The Z in Z1, Z3, Z4, Z8 stands for Zukunft, which is German for future. The BMW Z3 was introduced via video press release by BMW North America on June 12, 1995.
In the 1996 production run, more than 15,000 roadsters were sold out by the time the car was introduced. A facelift for the car was introduced in 2000, and the Z3 ended production in 2002 when it was replaced by the BMW Z4.