G.M. Sees A ‘Mild’ Downturn
General Motors Corp, in its annual economic forecast, lowers its estimate of industry's '79 sales of new autos and trucks, both domestic and foreign, to about 14.1 million units, lowest since '74 and about 1.4 million units short of GM's '78 forecast; expects foreign autos to account for about 2.3 million units; says vehicle sales in '80 could approximate those of '79; chairman Thomas A Murphy comments on outlook; says GM's capital spending in '80 and in each year in early '80s will be over $6 billion annually (S)