This is the type of machine used to make slot car wheels and hubs. For plastic wheels the plastic is overmolded onto the aluminum or magnesium hub.
https://youtu.be/IpZ...8Dj5jxdMDfP_0Fz
Mazak is the supplier of CNC machines I am most familiar with, since that is what the company I worked for used. I believe Phil uses Haas, as does car guy Dave MacNiel of WeatherTech.