Chinese passenger-car sales reach 1.72 million units for the year's first four months, the China Association of Automobile Manufacturers says in a statement. Sedan sales of 1.2 million units accounted for 70.4% of the total. The result was a 61.2% jump over year-ago, CAAM says. The country's 10 leading auto makers sold 856,100 sedans, with Shanghai General Motors Automotive Co. Ltd., a 50-50 joint venture between General Motors Corp. and Shanghai Automotive Industry Corp., leading the ...
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