GM Says 2006 Sales Fell 9%, Predicts Improved Revenue in 2007

General Motors Corp. closes out 2006 much in the same way it ended 2005: with vows to continue thinning its low-profit fleet sales and proceed with “surgical” incentives to move cars and trucks on the retail side.

Although 2007’s transaction price changes won’t be as drastic as the pricing overhaul completed in 2006, GM does plan to continue shedding rental sales, which in 2006 fell by 75,000 ...