Toyota reduces its production quota for next month by 40% due to the resurgence of COVID-19 in Asia severely impacting the company's supply chains, especially those involved in chip production. Up to this point, the company was one of the only major car manufacturers to avoid scaling back production during the pandemic. Volkswagen warns that it might also have to reduce its production quotas for similar reasons. 2021-08-19
General Motors announces the suspension of operations at its Fairfax, Ingersoll, and San Luis Potosí assembly plants due to a global shortage of semiconductors. 2021-02-3
Finance Minister Nirmala Sitharaman announces a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports hit by the COVID-19 pandemic. She said the package includes 9 billion rupees ($121 million) for development of a vaccine by the government’s biotechnology department. 2020-11-12
President Trump signs the Families First Coronavirus Response Act into law to provide economic relief to families affected by the coronavirus pandemic. 2020-03-18
Delta Air Lines says it will cancel all flights to Europe for the next 30 days. 2020-03-13
The Geneva Motor Show is cancelled due to the Swiss ban on gatherings larger than 1000 people. 2020-02-28