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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.

Special Edition Bmw M5 Packing More Power Is Launched

BMW’S popular M5 performance saloon has reached an important milestone – it’s 30 years old. And to celebrate, the German car maker has unveiled a limited edition model boasting more power than any previous M5. Branded the M5 30 Jahre Edition, this limited run ’30 Years’ version packs 600 horsepower – 40 more than the standard car.

Kia KV7 concept

Kia is clearly keen to grab the last of 2010's headlines by releasing this teaser render of its upcoming concept, the KV7, due to be unveiled at the Detroit auto show. The large crossover appears to preview a replacement for the Korean manufacturer's Borrego. While the exterior's clamshell tailgate, muscular wheelarches and Ford Explorer-aping lamp graphics (from this view, at least) may be directly relative to a production model, it's unlikely that the rear gullwing door openings will make the transition.