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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.

Vauxhall Mokka SUV price from £16,995

The sub-comp[act SUV Vauxhall Mokka is now on sale in the UK in three trim levels with a choice of three engines from £16,995. First customer cars in November 2012. The official debut for the Vauxhall Mokka (which retains the German spelling of 'Mocha' for its name) was the 2012 Geneva Motor Show in March, although by then we already knew what was on offer. That's because not only had Vauxhall / Opel divvied up photos of the Mokka in January, we'd also had the Buick Encore revealed in the States which is, to all intents and purposes, a Mokka with an Uncle Sam badge.

Mini is the UK’s Slowest Depreciating Car

That vital tool of the used-car trade, Glass’s Guide, has today revealed that the Mini 1.4TD is the slowest depreciating car in the UK. For the second year running, the Mini tops the table, although even it has slipped a bit – retaining 63.2% of its value over three years, a fall of 7.8% since last year. Mini Diesel - Lowest depreciating car in the UK Glass’s cite the reasons for the Mini’s success as its strong image, a perception of quality and its reasonable running costs.