a) its Automatic and got the "sports - econ - traction" (I hope thats what those three mean) button next to the gear lever
b) i am sure its made in 1992 and its an E36
c) I DONT give full throttle immediately after starting, of course I wait for it to heat up (sorry i didnt mention that) and the temperature is always at halfway mark, it doesnt over heat.
AFTER warming up, when i start moving, i usually reverse.. and the car revs up and down for about half a minute. Its pretty crappy cos it tries to speed up suddenly and i have to be careful not to hit anything behind.
d) when i give full throttle, and speed up or do a fast pickup I get the burning smell. its a bit like a rubber burning smell, but i couldnt pin point the location of the smell. when i switch to the "S" mode in transmission the smell is guranteed.
Thanks!