Chinese Car Sales Jump 18% as Japan Brands Extend Rebound

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Passenger-vehicle sales in China gained 18 percent last month, beating analysts’ estimates, as deliveries surged at Toyota Motor Corp. and Ford Motor Co.

Wholesale deliveries of cars, multipurpose and sport utility vehicles climbed to 1.31 million units in February, the state-backed China Association of Automobile Manufacturers said today. That compares with the 1.27 million units median estimate of five analysts surveyed by Bloomberg News.