IRA SNAFU: THE U.S. IS LOSING ITS TOOL & DIE INDUSTRY - AUTOLINE AFTER HOURS 642

EV Channels Review

This Autoline After Hours episode delves into the critical state of the U.S. tool and die industry, highlighting the severe pressure from China and the looming threat of losing essential manufacturing skills. Guest Laurie Harbour explains how small and mid-sized family-owned companies are struggling due to intense cost competition, a lack of skilled trades, and unfavorable payment terms from OEMs. The discussion also touches upon the impact of the shift to EVs, which require less tooling, and the rise of mega/giga castings, which further disrupt the traditional die-making business. The panel also covers Toyota's reported pivot towards EVs, the surprising financial struggles of Toyota in North America, and the significant sales declines for Jeep models, attributing it to market saturation and high inventory. Finally, the conversation anticipates a contentious UAW contract negotiation this fall, with potential for a widespread strike targeting all three Detroit automakers.