Understanding the need for speed, adrenaline rush and comfort, BMW has slotted the new ‘Ultimate Driving Machine’, the M340i, between the 3 Series range and the upcoming track-focused M3. Vikram Pawah, President, BMW Group India, said, “We are excited to launch the first-ever BMW M340i xDrive, the quickest car to be locally produced in India - a completely novel high-performance product that the Indian auto enthusiasts have been waiting for eagerly. It is a unique car because it has the thrilling soul of the BMW 3 Series, the amplified power of M and the driving dynamics of BMW xDrive. With the addition of the BMW M340i xDrive, the BMW 3 Series offers the most powerful and diverse range giving our customers the valuable ‘Power of Choice’.” He further said, “This car also marks an important milestone of local production of high-performance BMW cars from the house of ‘M’.”
BMW’s M range is divided into three categories. First is M Sport which is standard BMW models that are souped-up with a cosmetic kit, then is the M Performance like the M340i, which balances high-performance and comfort with M Sport mechanical upgrades, and finally, there is M which not only offers mindboggling power output but also offers sportscar like handling due to rigid chassis set up.
At a quick glance, one may mistake the M340i for a standard 3 Series, but take a closer look, and you notice a dark grey paint finish on the trademark kidney grille, the outside rearview mirrors and on the bumper near the fog lamps. The front grille also comes with metal accents. The sleek-looking adaptive LED headlamps boast state-of-the-art laser light for better illumination. Its sporty nature comes with a body-coloured rear spoiler, pronounced L-shaped LED taillights and grey finish dual exhaust tips. Like the 330i, the M Performance sedan also gets 18-inch alloy wheels, but one can upgrade to 19-inch wheels as well.
Interior
Open the door, and you’re welcomed with the M340i specific door sill. The cabin, as expected, is fully loaded with features like the 10.25-inch infotainment touchscreen with gesture controls and wireless Apple CarPlay and Android Auto, along with a wireless phone charger. It also comes standard with a Head-up Display, reflecting the speed and turn-by-turn navigation directions on the windshield. The cabin being predominantly black with metal inserts on the dashboard, and the centre console comes with Alcantara upholstery with contrasting blue stitching. To make the cockpit more special, the M340i comes with some M goodies like M Sport leather steering, seat belts and an all-digital 12.3-inch instrument panel. To ensure that the cabin is a happy place to be, the new sedan boasts 16 speakers Harmon Kardon music system.
Powertrain
Now, coming to the matters of the heart and under the hood is the massive 3-litre turbocharged straight line six-cylinder petrol engine which pumps out 382bhp at 5,800rpm and 500Nm at 1,800-5,000rpm. So, the question arises, why does BMW claim that the M340i is the fastest locally assembled vehicle? That’s because it does from standstill to 100 kilometres in just 4.4 seconds. The motor is mated to an eight-speed torque converter automatic transmission from ZF. As the gearbox’s settings are performance-oriented, it has shorter throws than a standard automatic so that it can hit the redline in the rev meter effortlessly and offers quicker downshifts. To make the driving experience more involving, it also comes with steering wheel paddle-shifters and even manual mode.
The M340i comes with multiple driving modes like Eco Pro, Comfort, Sport and Sport Plus, which changes the suspension set up, engine characteristics like its response, and even the steering wheel’s weight.
Unlike typical rear-wheel-drive BMW sedans, the M340i xDrive is an all-wheel-drive sedan that provides additional traction and keeps the vehicle planted on the tarmac. The M Sport rear differential ensures that the sedan carves out corners with full confidence and negates any understeer or oversteer thanks to the increased rigidity level. There isn’t any additional body roll weighing in either as the weight distribution of the car 50:50 front and rear. Another reason for agile handling characteristics is that the M Sport suspension is rigid by 20 percent and sits 10mm lower than standard 3. With so much power and precise handling, it’s also equipped with the M Sport brakes that are ideal for the city and the race track.
The M340i xDrive will take on the likes of the new Mercedes-Benz A-Class A350 and the upcoming Audi S5. (MT)
Maruti Suzuki India, AU Small Finance Bank Launch Suhana Safar Initiative
- By MT Bureau
- July 02, 2026
AU Small Finance Bank has partnered with Maruti Suzuki India, the country’s largest passenger vehicle manufacturer, to introduce 'Suhana Safar', a scheme that links Recurring Deposits (RD) to auto loans. The initiative is aimed at first-time car buyers and applies to the Alto K10, S-Presso, Celerio and WagonR models.
Under the programme, customers open an RD account with AU Small Finance Bank and deposit a monthly amount equivalent to the future car EMI for 3 to 6 months. Upon maturity, the accumulated funds, which have earned interest, are used as the down payment for the vehicle, after which the bank provides the auto loan.
The scheme allows customers to save and earn interest while demonstrating repayment capacity before committing to a loan. The bank also uses this process to evaluate creditworthiness.
AU Small Finance Bank offers RD interest rates of 4.75 percent to 7.40 percent per annum for the general public, and 5.25 percent to 7.90 percent per annum for senior citizens.
Skoda Kodiaq RS Launched At INR 6.69 Million In India
- By MT Bureau
- July 02, 2026
Czech automaker Skoda Auto India has introduced the new Kodiaq RS, the first SUV to carry the performance-focused RS badge in the Indian market at INR 6.69 million (ex-showroom).
The company limited the initial release to 50 units, which were sold out within six minutes of launch. This release aligns with the 50th anniversary of the RS badge and the 125th year of the brand’s motorsport history.
Ashish Gupta, Brand Director, Skoda Auto India, said, “The RS badge represents an iconic performance legacy. Bringing it to our flagship 4x4, all-terrain, 7-seater SUV combines luxury, capability and motorsport DNA in one offering. The overwhelming response, with all units sold out in minutes, reflects the strong enthusiasm among customers.”
The Kodiaq RS features a 2.0-litre TSI engine producing 195 kW (265 PS) and 400 Nm of torque, paired with a 7-speed DSG transmission and all-wheel drive. The vehicle accelerates from zero to 100 kmph in 6.3 seconds, with a top speed of 231 kmph.
The vehicle is equipped with progressive steering and the latest-generation Dynamic Chassis Control (DCC) Plus, which allows drivers to adjust damping characteristics. The Driving Mode Select offers multiple settings, including Eco, Comfort, Normal, Sport, Individual, Snow and a dedicated Off-Road mode.
The exterior includes black accents on the grille frame, mirrors, window frames, roof rails, and the D-pillar. The front features a bumper with black elements and a horizontal light strip in the grille. The rear includes a full-width reflector, blacked-out lettering, and stainless-steel exhaust tips. The SUV is fitted with 20-inch Elias alloy wheels and is available in Moon White, Magic Black, Velvet Red and Steel Grey.
Honda Cars India Reports 5,243 Unit Wholesales In June 2026
- By MT Bureau
- July 01, 2026
Honda Cars India (HCIL), a leading passenger vehicle manufacturer, has announced wholesales of 8,788 units in June 2026.
In the domestic market, the company sold 5,243 units and 3,545 units for export, which marks 71.5 percent YoY, when the company sold 4,618 units domestically and exported 506 units.
Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, "The launch of new City and India Premiere of global SUV Honda ZR-V has generated strong momentum for our overall sales including Amaze and Elevate during June, driven by healthy customer demand and a positive market response. With Monsoon conditions expected to improve during July, we hope to sustain this positive momentum in the months ahead.
“The deliveries of ZR-V are also scheduled to begin from July. It will draw discerning new customers and prospects into Honda showrooms, enhancing our premium brand appeal and unlocking new growth opportunities,” he added.
Renault India Reports 4,063 Unit Wholesales For June 2026
- By MT Bureau
- July 01, 2026
French automotive company Renault India has recorded 4,063 domestic wholesale units in June 2026, a 55 percent YoY increase compared to the previous year. This also marks the 10th consecutive month of double-digit growth for the company.
Interestingly, for H1 CY2026, the company reported sales of 25,844 units, representing 61 percent YoY growth.
During June, Renault India began exports of the Duster, dispatching 750 units to South Africa. The company stated that this performance reflects customer response to its product strategy and demand across its portfolio.
Comments (0)
ADD COMMENT