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China, Japan Lead Asia’s August Car-Sales Surge on Incentives

Toyota Motor Corp. led the biggest jump in Japan auto sales in 38 years and China’s purchases surged, signaling Asian consumers are emerging from the global recession in better shape than those in Europe and the U.S.

Japan’s sales of cars, trucks and buses rose 47 percent to 290,789 in August from a year earlier, the Japan Automobile Dealers Association said. Retail deliveries of passenger cars, multipurpose and sport-utility vehicles in China jumped 59 percent to 977,300, the China Automotive Technology & Research Center said.