| yes it will but why would you want to?
your 318 has a 3.91, a 328 has (i think) a 2.93, so basically your gonna loose overall performance because your making the gearing taller, that is unless your looking for a higher top speed instead of better acceleration.... what you probably want is a shorter ratio (most do) where you get a better acceleration through the gears , the only downfall is you lower your overall top speed.
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