China April Auto Sales Rise 6.4% as Dealers Dangle Discounts
- Passenger-vehicle sales climbed to 1.72 million last month
- Deliveries rose to 7.36 million in year's first four months
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China’s passenger-vehicle sales rose for the eighth time in nine months, with General Motors Co. and Toyota Motor Corp. reporting increased deliveries in April as dealers offered discounts to reduce stockpiles.
Retail sales of cars, SUVs and multipurpose vehicles climbed 6.4 percent to 1.72 million units last month, according to the China Passenger Car Association. Deliveries gained 6.7 percent to 7.36 million units in the first four months of this year.