GM says Q1 China auto sales up 10%

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General Motors said on Saturday it sold 685,583 vehicles in China in the first quarter, up 10 percent from a year earlier. Sales came to 233,014 units in March, the automaker said in a statement. That represents a 1.3 percent climb from a year earlier.

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The world’s largest auto market is returning to a more rational growth pattern since Beijing stripped away most of its policy incentives at the end of last year.

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Toyota Motor sold 208,000 cars in China in the first three months, up 16.3 percent from a year earlier. GM, the largest overseas automaker in China, operates manufacturing ventures in the country with SAIC Motor Corp and FAW Group, making cars, light commercial vehicles and minivans.

Via: ChinaDaily.

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