VIDEO: 2011 BMW 535i Turbo and 530d Turbo Diesel Filmed in Portugal

This week, BMW held a press event for its 2011MY 5-Series saloon in Lisbon, Portugal giving journalists their first taste of the all-new premium sedan before it goes on sale in Europe this March and shortly after in other key markets around the world. If you follow the jump, you can watch videos of both the new 535i and 530d from the Lisbon presentation as well as a short film on sedan's new parallel-park assist system.

As a reminder, the 2011 5-Series is based on a newly developed vehicle architecture also featured in the 5-Series GT as well as the 7 Series luxury sedan.

The 530d is powered by a 3.0-liter turbo diesel with 245hp and 540Nm of peak torque (398 lb-ft) that propels the car from standstill to 100km/h (62mph) in 6.3 seconds and on to an electronically-limited top speed of 250km/h (155mph).

BMW claims that the 530d returns a combined fuel economy in the EU cycle of 6.3lt/100km or 37.3 mpg US.

The new 535i gets a new 3.0-liter straight-six with a single, twin-scroll turbocharger pushing out 306HP and 400Nm (295 lb-ft) of torque for a zero to 100km/h (62mph) sprint time of 6.0 seconds and an electronically-limited top speed of 250 km/h or 155mph.

The petrol model returns a combined fuel economy of 8.5lt/100km or 27.7mpg US.

In Europe, the new 5-Series will also be available with two more diesels, a 184HP 2.0-liter four-cylinder unit (520d) and a 204HP 3.0-liter inline six (525d) as well as three more petrol engines, a naturally aspirated 3.0-liter straight six with 204HP (523i) and 258HP (528i) and a twin-turbocharged 4.4-liter V8 with 407HP (550i)>

All versions of the new 5 Series saloon are available as an option with BMW's new eight-speed automatic transmission.