Building cars can be an expensive industry and while we know that buying a new car can be quite expensive on its own, the automaker is also responsible for a fair amount of the upfront costs as well. Whilst steel prices fluctuate, in general they go up and OEM’s continue to squeeze their supply chain.
The automotive industry is continuously changing. One of the most significant new focuses is reducing the weight of materials used in the construction of vehicles. Pressings are produced by stamping, and this method replaces some of the manufacturing methods from the past.