GM CEO Discusses Japan Effects On Business (GM)

General Motors GM says "continues to see 2011 U.S. sales of 13m to 13.5m... more than 90% of U.S. dealers now profitable...`dim' likelihood oil to have sustained drop near-term... `confident' will adapt and respond to Japan crisis... developed plan in November for $120 oil.... doesn't see Japan affecting full-year production... `feeling better' about Japan situation than month ago... gas at $4.50 to $5 `detrimental'."