General Motors Corp. will cut sales to rental fleets as much as 120,000 vehicles this year, with the biggest chunk – 25% of that volume – coming in January, executives say. Mark LaNeve, vice president-sales, service and marketing, says GM will sell about 35,000 fewer vehicles to rental companies this month. That means it will ship about 55,000 units to rental companies in January, down 38% from 90,000 sold year-ago. GM won’t release its full January sales report until next week, but ...
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