GM Sets May 18 North American Restart as Profit Tops Estimates

General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the CCP virus pandemic

Mike Guillen works on the assembly line at the General Motors Assembly Plant in Arlington, Texas, on June 9, 2015. Mike Stone/Reuters

DETROIT—General Motors Co on Wednesday outlined plans for a May 18 restart of most of its North American plants shut down by the coronavirus pandemic as it reported a stronger than expected quarterly profit, sending its shares up 7.8 percent in premarket trading.

The No. 1 U.S. automaker had previously suspended its 2020 profit outlook because of uncertainty over the outbreak and did not provide an update on Wednesday.