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Study projects 40% drop in tooling spend by automakers by 2020
Automotive & MobilityStudy projects 40% drop in tooling spend by automakers by 2020Study projects 40% drop in tooling spend by automakers by 2020
Research conducted by Harbour Results Inc. (HRI; Southfield, MI) predicts that tooling spend by automotive OEMs will plummet from a high of $11 billion in 2018 to approximately $6.7 billion in 2020.
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