BMW has officially launched new versions of their 2-Series lineup.

Both the new M140i and M240i will be receiving a new turbocharged 3.0-liter engine. The engine in question is the same engine that debuted in the 340i last year.

Both the M140i and M240i will see power increase by 14 horsepower over their predecessors. This means a total output of 340 horsepower. This means both models now offer the same output as the 1 Series M Coupe that was produced between 2011 and 2012.

The additional power means faster acceleration numbers as well. The two new models are 0.3 seconds quicker to 62 mph. From standstill both models will reach 62 mph (100 km/h) in 4.6 seconds (automatic) and 4.4 seconds with all-wheel drive.

Both cars come standard with a six-speed manual gearbox with the Steptronic Sport transmission offered as an extra option.

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