While Researching it I found this Recall on this
website. I am not sure if it is related however I plan to contact my BMW Dealer to see if this recall was completed on my car.
1996
BMW
Z3
Recalls
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1996
BMW
Z3
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1996
BMW
Z3
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1996
BMW
Z3
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1996 BMW Z3 Recall ID from NHTSA: 97V131000
Auto Recall Date:
08/19/1997
Vehicle Component:
VEHICLE SPEED CONTROL
Estimated Vehicles Affected:
410000
1996
BMW
Z3
Defect Summary:
THE CRUISE CONTROL AND THROTTLE CABLES ARE ATTACHED
TO THE SAME THROTTLE VALVE ACTUATING LEVER AT THE THROTTLE HOUSING. IT
IS POSSIBLE THAT THE PLASTIC BUSHING ON EITHER CABLE COULD BREAK DUE TO
ENVIRONMENTAL INFLUENCES COUPLED WITH VIBRATION. IF THE BUSHING BREAKS,
THE OUTER CABLE HOUSING CAN SEPARATE FROM THE BUSHING. IN THIS CASE,
DURING APPLICATION OF THE THROTTLE PEDAL WITHOUT CRUISE CONTROL BEING
ENGAGED, THE OUTER TUBE COULD CATCH ON THE EDGE OF THE BROKEN BUSHING.
Defect Consequence:
THIS COULD CAUSE THE THROTTLE VALVE TO REMAIN
PARTIALLY OPEN. IT HIS WERE TO OCCUR, THE CAR MIGHT NOT DECELERATE AS
EXPECTED INCREASING THE RISK OF A VEHICLE CRASH.
Remedy:
DEALERS WILL INSTALL A SPRING STEEL CLIP ON THE
OUTER TUBE OF EACH CABLE IN THE AREA OF THE ADJUSTING SCREW AND PLASTIC
BUSHING. THE CLIP IS DESIGNED TO PREVENT THE OUTER TUBE FROM DISLODGING
FROM THE BUSHING.
Notes:
BAYERISCHE MOTOREN WERKE,
To see the diagnosis of my car see this post
1996 BMW Z3 Throttle Cable Issue - PART 1