The 2017 BMW 2 Series coupe and convertible range has landed in Australia, bringing new 230i and M240i variants, along with the addition of more standard equipment across the range.

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For the new model year the 2 Series benefits from similar power and specification upgrades seen in the recently-updated 1 Series range.

Starting at $51,300 plus on-road costs for the 220i coupe and $58,300 for the 220i convertible, the updated range kicks of $2400 higher than last year’s model.

The 220d diesel variant has also been dropped from the 2 Series range, meaning all variants are petrol powered.

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For 2017, the 220i introduces a new 2.0-litre turbocharged four-cylinder petrol engine which generates 135kW of power and 270Nm – up 5kW and 20Nm on last year’s model.

While outputs are up, fuel consumption is down, with the 220i claiming 5.8L/100km (down 0.2L) and 6.1L/100km for the coupe and convertible respectively.

The 220i coupe can sprint from 0-100km/h in 7.2 seconds (7.7 convertible) when fitted with the standard eight-speed automatic transmission. A six-speed manual is available as a no-cost option.

Newly-added standard equipment for the 220i coupe and convertible includes bi-xenon headlights, headlight washer system, folding exterior mirrors with anti-dazzle and parking functions, BMW’s Drive Assistant safety system; which includes lane departure warning, pedestrian warning and low-speed autonomous emergency braking (AEB), along with a new driver’s instrument cluster and the Interior Lights Package.

Headlining the new model year, however, are the new 230i and M240i models, which replace the 228i and M235i respectively.

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Stepping up to the 230i ($61,900 coupe, $71,900 convertible) gets you the uprated 185kW/350Nm 2.0-litre turbo petrol engine, which gets a 5kW bump over the outgoing 228i.

0-100km/h takes just 5.6 seconds in the 230i coupe when fitted with the eight-speed automatic, while the convertible gets to triple figures in 5.9 seconds.

Fuel consumption drops by 0.4L to 5.9L/100km for the coupe and 6.2L/100km for the convertible.

Over last year’s model, the 230i gets the M Sport package fitted as standard, while the Luxury Line package – which now includes a 12-speaker harmon/kardon sound system and electric lumbar support for the front seats as standard – continues to be offered as a no-cost option.

In addition to the M Sport package, the 230i gains M Sport brakes, M Sport rear spoiler (coupe only), 18-inch M light alloy wheels, folding exterior mirrors with anti-dazzle and parking functions, cloth and Alcantara upholstery (coupe)/Dakota leather (convertible), ‘Professional’ navigation system, Comfort Access, electrically-adjustable front seats, Driving Assistant, new instrument cluster and the Interior Lights Package.

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Finally, the new M240i performance flagship starts at $74,900 plus on-roads for the coupe and $83,900 for the convertible – which is almost $3000 less than the previous M235i.

The new nomenclature brings an updated 3.0-litre turbocharged six-cylinder petrol engine, producing 250kW (up 10kW) of power and 500Nm (up 50Nm) of torque.

With the standard eight-speed automatic transmission, the M240i coupe and convertible can sprint from 0-100km/h in just 4.6 and 4.7 seconds respectively – a 0.2-second improvement over the M235i.

However, the added performance doesn’t mean added fuel consumption, with BMW’s claim for the M240i dropping 0.6L from the M135i to 7.1L/100km (7.4L/100km convertible).

Added specification for the performance flagship include adaptive headlights with auto high beam, folding exterior mirrors with anti-dazzle and parking functions, 12-speaker harmon/kardon sound system, Comfort Access, electric front seat adjustment, electric lumbar support, heated front seats (coupe) and Driving Assistant.

2017 BMW 2 Series pricing (plus on-road costs):

Coupe

220i - $51,300

230i - $61,900

M240i - $74,900

Convertible

220i - $58,300

230i - $71,900

M240i - $83,900