General Motors said on Thursday that it would restart four North American plants that had been idled for much of the last four months because of the global shortage of computer chips. jumped on the news and were trading up more than 2 percent at 1 p.m. The automaker said it planned to restart production of the Chevrolet Camaro at its Lansing Grand River factory in Michigan on June 21, sooner than previously expected. Production of two other vehicles, the Cadillac CT4 and CT5 sedans, will restart a week later. The plant, know as CAMI Assembly, has been closed since Feb. 8.

Source: New York Times May 27, 2021 17:26 UTC