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China Passenger-Vehicle Sales Surge as SUV Sales Double

China’s passenger-vehicle sales surged 49 percent to a monthly record, beating analysts’ estimates, as demand for SUVs almost doubled and Ford Motor Co. extended gains in market share.

Wholesale deliveries, including multipurpose and sport utility vehicles, climbed to 1.73 million units in January, the state-backed China Association of Automobile Manufacturers said in an e-mail yesterday. That compares with the 1.5 million unit average of six analyst estimates compiled by Bloomberg.