General Motors (GM +0.2%) hires a consulting firm to find ways to save on white-collar costs as...

|About: General Motors Company (GM)|By:, SA News Editor

General Motors (GM +0.2%) hires a consulting firm to find ways to save on white-collar costs as its laments a 5% operating margin that trails rivals Ford and Hyundai. At least one analyst sees any moves by GM as only amounting to a "rounding error," with Hyundai's 10% margin nearly out of reach due to the exchange rate benefits and efficiencies the firm is able to realize.