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China Auto Sales Climb 13% Led by Foreign Carmakers

Passenger-vehicle sales in China rose 13 percent last month, led by General Motors Co. and Ford Motor Co. as foreign carmakers continued to gain share from local brands in the world’s largest auto market.

Retail deliveries of cars, multipurpose and sport utility vehicles climbed to 1.5 million units in May, the Passenger Car Association said today in a statement on Secretary-General Rao Da’s blog. That’s in line with the median estimate of three analysts surveyed by Bloomberg News.