For 2016, the ever iconic BMW 3-Series gets its mid-cycle magic wand of new features, styling updates, and a couple a new 340i model designation.

Right up front the 3-Seres gets a revised front fascia and other small styling details in addition to numerous chassis enhancements like new front struts, rear dampers and redesigned electric power steering – said to improve its feel.

Big news is the new 2016 BMW 340i model designation which gets a brand-new modular turbocharged 3.0 liter in-line six with 320 horsepower and 330 pound-feet of torque. It comes with either an 8-speed automatic or 6-speed manual transmission.

BMW says the 340i Sedan with the 8-speed automatic will accelerate from 0-60 mph in just 4.8 seconds, the 340i xDrive all-wheel driver a bit quicker to 60 mph at just 4.6 seconds. It’s the traction.

A new Track Handling Package can be had on both the 328i and 340i which has variable sport steering, an Adaptive M Suspension and M Sport Brakes with high temperature brake pads and blue calipers. There’s also unique 18-inch wheels with 19-inch available on the 340i.

The more affordable, in relative terms anyway, 320i remains on the catalog for 2016 as does the 328d turbo-diesel. There’s also coming in 2016 a new 330e plug-in hybrid sedan which is expected to offer eye-popping fuel-economy.

The first of the new 2016 BMW 3-Series sedan and sport wagons are due on the ground later this year with pricing and final specs to be announced closer to that time.