Want utility, performance and economy? A diesel wagon could be just the thing for you, and BMW is set to launch its take on the theme later this year.

A 2.0-liter turbodiesel has already been confirmed for the BMW 3-Series sedan, but it looks like the same engine will also be available in the wagon, badged 328d.

According to Automobile (via our sister site Motor Authority), the diesel BMW wagon could also get the company's xDrive all-wheel drive system.

The new diesel wagon could prove to be a great all-rounder. With 180-horsepower, 280 pounds-feet of torque and an 8-speed automatic transmission, performance won't be an issue. In the European model, those numbers are enough to reach 60 mph in 7.6 seconds.

Nor will luggage space be a concern--the wagon offers 17.5 cubic feet of space with the rear seats up, and three times that with them stowed.

Economy should also be impressive. No EPA estimates have yet been revealed, but on the European cycle it reaches 52 mpg combined. Take into account the usual 15-20 percent discrepancy, and a 40 mpg combined figure isn't out of the question.

The 3-Series diesel models are expected to start production in July, so a launch for the 2014 model year is expected.

BMW diesel fans after a little more space or pace may also have their wishes granted, as a 255 hp, 413 lb-ft six-cylinder turbodiesel is expected to debut in either the 5-Series or X5 SUV, also for the 2014 model year.


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