That looks very much like a very new E46 (current model). The most recent models seem to be coming with "frames" around the headlights which make them look like 2 individual lights per side. In fact it seems to be limited to the 32xti models (compact) and not the 32xi (sedan) models.

It's also what a lot of the rice boys (no offense intended to anyone but them) like doing too.

I have to say, I don't like the look at all.
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Christian
#40104192 120Gb (no longer in my E36 M3, won't fit the E46 M3)