Harbour Report: Automotive Vendor Tooling Industry Sees Declining Sales
SOUTHFIELD - In yet another indicator that the automotive business is peaking, Harbour Results just published a report that said the automotive vendor tooling industry will spend $8 billion in 2019, down from an estimated $9.2 billion in 2018, and $10.3 billion in 2017. The key factor driving decreased tooling spend is the decreased number