General Motors Corp. light-vehicle sales slid 31.2% in December, despite a pair of incentive programs that kept dealer deliveries from plunging further, forcing the auto maker to slash its production forecast for first-quarter 2009. GM delivered 220,097 vehicles in December, compared with 320,028 year-ago, according to Ward’s data, for an estimated 21% of the U.S. market. Sales closed 2008 down 22.7%, compared with 2007, for an estimated 22% of the U.S. market. “An unbelievable year,” ...

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