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My car showed up in the system as well (E92 335). Below you can read what it says.
Last Updated: February 12, 2015
DESCRIPTION OF PROBLEM
During air bag deployment in an accident, the driver-side front air bag module may produce excessive internal pressure that could cause the inflator to rupture.
SAFETY RISK
Inflator rupture could result in metal fragments striking the driver or other passengers, potentially resulting in serious injury or death.
DESCRIPTION OF REPAIR
Your BMW center will replace the driver-side front air bag module. However, due to the large volume of new inflators needed to repair vehicles, the necessary parts will not be immediately available. As a result, owners of affected vehicles will be informed of the recall in an initial notification letter. Once replacement parts become available BMW will send another notification letter to owners, beginning with older model year vehicles located in BMW's previously defined HAH (High Absolute Humidity) region and expanding accordingly as more parts become available.
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