GM says Q1 China auto sales up 10 pct yr-on-yr

BEIJING, April 1 (Reuters) – General Motors said on
Saturday it sold 685,583 vehicles in China in the first quarter,
up 10 percent from a year earlier.

Sales came to 233,014 units in March, the automaker said in
a statement. That represents a 1.3 percent climb from a year
earlier.

The world’s largest auto market is returning to a more
rational growth pattern since Beijing stripped away most of its
policy incentives at the end of last year.

Toyota Motor sold 208,000 cars in China in the
first three months, up 16.3 percent from a year earlier.
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GM, the largest overseas automaker in China, operates
manufacturing ventures in the country with SAIC Motor Corp
and FAW Group, making cars, light commercial
vehicles and minivans.

(Reporting by Fang Yan; Editing by Ron Popeski)

GM says Q1 China auto sales up 10 pct yr-on-yr