GM 地位，任命するd $9.4B 逮捕する 利益（をあげる） in 2016, but encore may be 堅い
DETROIT (AP) ― At an 投資家s' 会議／協議会 during Detroit's 自動車 show in January, 確信して General モーターs (n)役員／(a)執行力のあるs told 投資家s to 推定する／予想する 改善するd 税込みの 利益（をあげる）s for 2016 and 2017, thanks to strong sales in 重要な markets and cost 削減（する）s.
On Tuesday, the company partly 配達するd, 報告（する）／憶測ing a 16 パーセント 増加する in last year's 税込みの income. An encore could be a lot harder.
全体にわたる 自動車 sales are flattening in the U.S., GM's biggest 利益（をあげる） 中心, and car 在庫s are growing. 経済的な troubles ぐずぐず残る in Europe and South America. And a new U.S. 大統領，／社長 wants to redo the North American 解放する／自由な 貿易（する） 協定 and could 非難する a 国境 税金 on 輸入するs from Mexico. All of these will make it hard for GM to （警官の）巡回区域，受持ち区域 last year's 逮捕する income of $9.4 billion.
FILE - This Friday, May 16, 2014, とじ込み／提出する photo, shows the General モーターs logo at the company's world （警察，軍隊などの）本部 in Detroit. On Feb. 7, 2017, GM 報告（する）／憶測s 財政上の results. (AP Photo/Paul Sancya, とじ込み／提出する)
財政上の 分析家s say GM has big advantages over most competitors with a larger presence in 中国 and newer 製品s, 特に in profitable トラックで運ぶs and SUVs that are becoming ますます popular with U.S. and 全世界の 買い手s.
But Barclays 分析家 Brian Johnson says GM is at 危険 should 大統領 Donald Trump 課す a 20 パーセント 税金 on 乗り物s 輸入するd from south of the 国境. About 20 パーセント of GM's North American 生産／産物 is in Mexico, higher than both its Detroit 競争相手s, Johnson wrote in a 最近の 公式文書，認める to 投資家s. 加える, 42 パーセント of GM's Silverado and Sierra 好転 トラックで運ぶs, which are two of the company's highest-歳入 乗り物s, are made at a 工場／植物 in Silao, Mexico, and could be 攻撃する，衝突する by a 税金, Johnson wrote.
GM (n)役員／(a)執行力のあるs said Tuesday that it's too 早期に to tell 正確に／まさに what will happen with a 国境 税金. CEO Mary Barra, a member of Trump's 会議 of 商売／仕事 leaders, said she has explained the 複雑さ of the 自動車 産業 to the 大統領，／社長, 詳細（に述べる）ing its long 決定／判定勝ち（する）-making times for 選ぶing parts 供給者s and 位置を示すing factories. "If there are 転換s, they have to happen over time," she said.
Still, the 不確定 押し進めるd GM's 株 負かす／撃墜する $1.80, or 4.9 パーセント, to $35.03 in midday 貿易（する）ing Tuesday.
GM's 十分な-year 逮捕する 利益（をあげる） fell just under 3 パーセント, but it 報告（する）／憶測d a 記録，記録的な／記録する 税込みの 利益（をあげる） of $12 billion in North America. That means big checks for most of the 52,000 union 労働者s, who will get $12,000 each, costing the company $624 million. That's up from $11,000 last year.
GM said Tuesday that it made $6 per 株 for the year. Without special items it made $6.12, （警官の）巡回区域，受持ち区域ing 塀で囲む Street 期待s by a 薄暗い, によれば a 調査する by FactSet.
にもかかわらず ぼんやり現れるing 問題／発行するs, GM 見積（る）s it will earn a 税込みの 利益（をあげる） this year in a 範囲 from $6 to $6.50 per 株. Johnson wrote that he's "somewhat skeptical" of GM's 十分な-year 指導／手引.
Edward Jones 分析家 Jeff Windau gives GM 株 a "持つ／拘留する" 率ing but also thinks the company's 楽観主義 for 2017 is 正当化するd. GM, he said, is on 跡をつける to 削減（する） costs by $6.5 billion per year by 2018, over 2014 levels. Although the company is spending ひどく on new 科学（工学）技術 such as electric and 自治権のある cars, it's also making a lot of money as 消費者s 転換 from cars to トラックで運ぶs. Services such as OnStar and GM's 財政上の 部隊 also will 追加する to 利益（をあげる）s, he said.
"Those all 肉親，親類d of balance some of the 圧力s that we see coming into this year," Windau said.
長，指導者 財政上の Officer Chuck Stevens said the company is 利益ing from strong sales of higher-定価つきの トラックで運ぶs and crossover SUVs. Since cars are selling slowly まっただ中に 需要・要求する for SUVs, Stevens said GM will 転換 資本／首都 spending toward SUVs and トラックで運ぶs.
"We are 配分するing more 資本／首都 to growth and 利益（をあげる） pools where we think we can earn a long-称する，呼ぶ／期間／用語 return," he said.
Sales of cars in the U.S. are slowing as 買い手s 転換 to SUVs, which 作品 to GM's advantage. Car sales accounted for only 37 パーセント of the market in January, when they were nearly 50 パーセント just two years ago.
At the end of January, GM had enough cars on 売買業者 lots to 供給（する） them for 131 days. 普通は 自動車製造業者s like to have around a 60-day 供給（する）. Stevens said if the car 低迷 continues, GM will その上の adjust factory 生産／産物 to match it, meaning there could be more layoffs at car factories.
