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)

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Tata Motors Passenger Vehicles, has reported its best-ever annual performance in FY2026 with wholesales of 641,587 units, up 15 percent YoY. This includes 631,387 units in the domestic market, up 14 percent, while exports came at 10,200 units, up 281 percent YoY.

For March 2026, the company’s sales came at 66,192 units, up 28 percent, while exports came at 779 units, up 204 percent YoY.

Interestingly, electric vehicles recorded its highest-ever quarterly sales of approximately 27,000 units, a 69 percent increase YoY. Annual EV volumes reached 92,120 units. On the other hand, sales of CNG vehicles crossed 170,000 units, up 24 percent YoY.

The Nexon and Punch models were the top-selling SUV models in the second half of the financial year. Recent launches, including the Sierra, a refreshed Punch and petrol variants of the Harrier and Safari, also saw continued customer traction.

The company expects the passenger vehicle industry to reach record annual volumes of approximately 4.7 million units, reflecting an 8 percent growth. Tata Motors emerged as the second-ranked player in the industry based on Vahan registrations during the second half of FY2026.

Shailesh Chandra, MD and CEO, Tata Motors Passenger Vehicles, said, “PV industry sales are expected to reach record volumes of around 4.7 million units for the year, reflecting 8 percent year on year (YoY) growth. The industry witnessed a strong rebound in the second half, posting double digit growth, supported by GST 2.0 implementation and a robust festive season. For Tata Motors Passenger Vehicles, FY26 has been a landmark year marked by multiple milestones. We achieved our highest ever annual sales volumes of over 640,000 units, delivering industry beating growth of 15 percent YoY and ended it with strong positive momentum. Looking ahead, industry momentum is expected to sustain, led by growth in SUVs, CNG and EV. At the same time, the industry will need to closely monitor geopolitical developments to mitigate potential supply-side risks.”

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Honda Cars India (HCIL), a leading manufacturer of passenger vehicles, has recorded domestic sales of 7,585 units in March 2026, up 5 percent YoY, as compared to the 7,228 units sold last year. The company also reported exports of 2,451 units for the month.

The sales growth was supported by demand for the Amaze and Elevate models. Honda Cars India intends to expand its vehicle lineup in the upcoming financial year, with the launch of its first battery electric vehicle (BEV) scheduled for the second half of the year.

Kunal Behl, Vice-President, Marketing & Sales, Honda Cars India, said, “Demand for all Honda models specially Amaze and Elevate continues to be strong with exciting promotions and product offerings which helped us achieve 5 percent growth during Mar 2026. We are excited to enter the new fiscal with plans to expand our lineup, including the launch of our first BEV in the second half. We remain highly optimistic that our strong focus on customer satisfaction will continue to drive growth and sustain positive momentum.”

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Nissan Motor India (NMIPL), one of the leading passenger vehicle manufacturers, has recorded its best-ever monthly sale in March 2026, its highest in the last five years.

The company sold a total of 10,388 units in March 2026, which includes 4,408 units in the domestic market, while exports came at 5,980 units. This marks a 98 percent growth in domestic wholesales compared to February 2026.

The company attributed the smart uptick on the back of beginning of customer deliveries for the Nissan Gravite MPV, while the Nissan Magnite maintained its sales momentum. The expansion of its network presence also supported increasing customer traction.

The start of Gravite deliveries is identified as a milestone in the company’s growth phase in India. Nissan intends to sustain this trajectory by strengthening sales and service experiences and further expanding its network footprint across the country.

Saurabh Vatsa, Managing Director, Nissan Motor India, said, “March has been a defining month for Nissan in India, the strong growth in domestic sales reflects the positive customer response to our product portfolio. With the commencement of customer deliveries of the all-new Nissan GRAVITE, we would like to thank our customers for their love and appreciation for the Nissan Brand. The over-whelming response to the product reinforces our confidence in the opportunities ahead. Together with the continued momentum of the Nissan Magnite, the dedication of our Network Partners and support of Nissan Finance & other Banking partners, we remain focused on strengthening our Sales & Service experience, while further expanding our network footprint for sustaining long-term growth in the Indian market.”

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  - Bidyut Ghosh April 02, 2026 11:35 AM

  This is excellent move from Nissan India

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Toyota Kirloskar Motor (TKM) reports 20 percent uptick in its wholesales for FY2026 with 406,081 units sold, as compared to 337,148 units last year.

The company recorded growth across both domestic and export markets during the financial year. Domestic sales rose by 19 percent to 367,107 units, while exports grew by 41 percent to 38,974 units.

In March 2026, Toyota Kirloskar Motor reported a 24 percent increase in total sales, with 37,194 units sold compared to 30,043 units a year ago.

The company attributes a robust demand for its product portfolio, which was supported by the introduction of the Land Cruiser 300, as well as new grades and special editions for the Innova Hycross, Fortuner, Camry Hybrid and Hilux. Technical updates included a new six-speed automatic transmission for the Urban Cruiser Hyryder AWD variant.

The company also standardised six airbags across the Rumion, Glanza, Urban Cruiser Taisor, and Urban Cruiser Hyryder models. The Innova Hycross achieved a five-star Bharat NCAP rating during this period.

Toyota Kirloskar Motor expanded its market reach through customer-centric initiatives and brand engagement activities, including the Toyota Experiential Museum (TEM) and a tour by brand ambassadors Drum Tao. These efforts were intended to increase reach among younger audiences and reinforce the brand's mobility positioning.

Sabari Manohar, Executive Vice-President, Sales-Service-Used Car Business, Toyota Kirloskar Motor, said, “We delivered a positive performance this financial year, driven by sustained demand across our SUV, MPV and compact segments. The introduction of new products and customer centric initiatives during the year further helped position Toyota as a dynamic, technology driven and youth‑oriented brand. This momentum reflects the continued trust in Toyota’s quality, reliability and overall ownership experience. In a rapidly evolving market, such consistency underscores the strength of our fundamentals and positions us well for long‑term sustainable growth. We sincerely thank our customers, dealer partner, Government and other stakeholders for their trust & unwavering support. We remain focused on strengthening our product and technology offerings in line with our multi‑pathway approach of hybrid & electrified vehicle technologies in the mobility space. Looking ahead, we remain committed to creating long‑term value while continuously improving every touchpoint across the customer ownership journey.”

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