American manufacturers rushing to bring production back home from Asia? Time for a reality check, according to the latest Reshoring Index from Kearney.

The plan to move Jeep Compass production out of Ontario was announced as part of a larger $13 billion investment from Stellantis has committed to make in U.S. manufacturing over the next four years.

Under Antonio Filosa, who was appointed CEO earlier this year, Stellantis has sought to recalibrate investments across regions, with a particular emphasis on its U.S. business.

Waiting until 2026 to react means missing the opportunity to shape the rules before they’re rewritten.

GM expects to absorb a $1.2 billion accounting charge for adjustments to EV production capacity, as well as $400 million for canceling supplier contracts tied to EV investments.

The allegations tied to the original 2015 scandal have cost Volkswagen AG more than $30 billion. 

Beijing’s Transport Ministry announced it will begin collecting fees on vessels owned by U.S. companies and individuals, as well as those built in America, starting October 14.

Success rests on four positive factors — incremental transformation, non-disruptive architecture, deep knowledge-worker involvement, and a core foundation built on manufacturing know-how.

Former Land Rover chief engineer Charles Tennant said the shutdown may have wiped out roughly £5 million in daily profits and delayed production of more than 30,000 vehicles.

Aston Martin now expects sales to fall by a mid- to high-single-digit percentage this year, weighed down by weakness in North America and Asia.