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News watch August 2011: today's auto industry news

Come to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 31 August 2011• The two millionth Mini today rolled off the production line at Plant Oxford. British prime minister David Cameron drove the landmark car off the line (Mini)• Volkswagen says it will sell more than 2 million cars in China this year.

BMW readying first M Performance model for U.S.

BMW will introduce the first in what will become a line of M Performance models to North America in early 2014 with the M235i coupe. It will take the place of the 1-series M coupe which recently ceased production after a run of more than 6,000 units, some 600 of which were sold in the United States. BMW is renaming the coupe and convertible versions of the 1-series as the 2-series for the vehicle's second generation.

Vintage Rolls-Royce, Aston Martin will be on display at London concours

Two icons of British car lore, a 1928 Rolls-Royce and a 1950 Aston Martin, will be on display at a concours event July 21-24 in London. The cars are being shown at Salon Prive, a supercar and concours gathering next week in advance of RM auctions’ sale in October. While the auction could get pricey with competitive bidding, Salon Prive will offer fans of British cars an opportunity to simply soak in these storied rides.