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2024 Bmw M540i. First off, even though the cars share the same engine, the 540i is tuned down. This is a super comfortable luxury sedan with many features! 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. The performance of the 2024 bmw m340i is impressive.