BMW seems to be matching pace with Audi in its pursuit of becoming all things to all people. We know that a new compact crossover is in the works, along with a supercar to best its cross-town rivals, and the soon-to-be-U.S.-bound 1-series will be released in both coupe and convertible forms.

But BMW isn't letting its core products rot on the vine. They'll be upgrading their European oilburning offerings with a new 2-liter diesel, set to find its way under the hood of the 123d, while the X5 will get a 3-liter diesel, producing 286 HP and 580 Nm of torque.

In an effort to combat the upcoming RS6, BMW also plans to revamp the M5 with a revised version of the 5-liter V10 that should bump horsepower into the 520 to 530 realm. Along with the engine upgrades, expect to see several interior upgrades, including a new heads-up display system.

[Source: Motor Authority]