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2024 M340i Horsepower. 23 city / 31 hwy. Whoever you believe, the 2024 bmw m340i can go from sitting still to 60. The 2024 bmw 3 series m340i xdrive is a four wheel drive 4 door sedan that was released to the australian market on 4th january 2023 classified as a g20 lci. I’ve been drooling over it ever since it was launched in india.