BMW Australia is launching a 340i 40 Year Edition to celebrate the 40th anniversary of the 3-Series.

BMW Australia is launching a 340i 40 Year Edition to celebrate the 40th anniversary of the 3-Series.

Production will be capped to only 40 units, with half of them wearing a BMW Individual Tanzanite Blue metallic paint while the other half will get a Mineral White metallic hue. All the cars have the M Sport package, satin aluminum exterior accents, electric sunroof and 19-inch M double-spoke alloy wheels featuring an Orbit Grey design.

Stepping inside the cabin, this limited-run 3-Series LCI gets a series of BMW Individual tweaks such as the piano black trim with special 40/3 logo, along with a leather-wrapped instrument panel cover and an Opal White upholstery for the blue cars and Merino Black leather for the white ones.

There aren't any hardware changes which means the 340i 40 Year Edition has the same 3.0-liter TwinPower Turbo 6-cylinder engine producing 326 PS (240 kW) and 450 Nm (331 lb-ft) of torque channeled to the rear axle through an 8-speed automatic gearbox. This is enough muscle for a 0-62 mph (0-100 km/h) run in 5.1 seconds and an electronically-capped top speed of 155 mph (250 km/h).

The special edition 340i will start hitting Australian dealerships in the coming days and is going to cost 97,900 AUD plus on-road costs, so it will be 8,000 AUD more expensive than the standard AU-spec 340i.

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BMW 340i 40 Year Edition launched in Australia with cosmetic upgrades