It's not heading Down Under anytime soon according to BMW Australia, but we can still dream...
- shares

The BMW M340i xDrive Touring has gone on sale in Europe, sporting the same 275kW/500Nm turbocharged inline six as its sedan equivalent – but don't expect it in Australia anytime soon.

Compared to its three-box twin (which is now on sale Down Under from $99,900), the M340i xDrive Touring claims to hit 100km/h from a standstill in 4.5 seconds (0.1s slower than the sedan).

As mentioned above, the M Performance 3 Series Touring is powered by a 3.0-litre turbocharged inline six-cylinder petrol engine developing 275kW of power at 5500-6500rpm, and 500Nm of torque at 1850-5000rpm.

Pictured: BMW M340i xDrive Touring (standard model)

Drive is sent to a performance-tuned xDrive all-wheel drive system via an eight-speed 'Steptronic' automatic transmission. Fuel consumption is officially rated at 7.2-7.6L/100km depending on specification.

BMW will be offering the M340i xDrive sedan and wagon in 'First Edition' guise from November 2019 in Europe, featuring unique appointments and a production run capped at 340 units each.

Available in "selected markets" including New Zealand, Italy, Spain, Switzerland, the Netherlands, Scandinavia, Belgium, Japan, South Korea, the Middle East, Canada, Mexico and Brazil, the M340i xDrive First Editions get Frozen Grey metallic paint, the high-gloss 'Shadowline' exterior design package, and 19-inch M light alloy wheels.

Inside, the launch models pick up 'Merino' full leather upholstery in Fjord Blue/Silverstone, a BMW Individual leather instrument panel, and M seat belts, along with high-gloss aluminium weave cabin ornamentation and an 'M340i First Edition 1/340' plaque.

It appears Australia won't be getting the First Edition version of the sedan, either. Speaking with CarAdvice, BMW's local product communications manager, Nick Raman, said there are "no plans to introduce the First Edition of that car here".

Click the images for the full gallery