BRIEF-GM sees U.S. market in 'trough' of downturn


DETROIT, Oct 29 (Reuters) - General Motors Corp * GM thinks the U.S. market is in its "trough right now of the downturn," chief sales analyst says on a conference call with analysts * GM says planning for oil prices to rise from recent lows but doesn't expect oil to reach highs above $140 per barrel. * GM says depressed consumer confidence is a bigger negative factor for U.S. auto sales than tighter credit. (Reporting by Soyoung Kim, editing by Gerald E. McCormick)

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