CHINA: Vehicle sales rise 12.5% in April

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Vehicle sales in China increased by 12.5% year on year in April. According to the China Association of Automobile Manufacturers (CAAM), 1.28m sedans, SUVs, MPVs and minivans were sold last month compared to 1.14m in April 2011. For the January-April period, deliveries rose 1.9% to 5.05m.