American Axle Co-Founder Dick Dauch Dies at 71

August 2, 2013

Source: Melissa Burden and Karl Henkel
Department: The Detroit News

Dick Dauch, a hard-nosed businessman who helped save Chrysler Corp. and went on to help found American Axle & Manufacturing Holdings Inc., died Friday. He was 71.

"There's never been a more can-do guy than Dick Dauch," said former Michigan Gov. John Engler, who got to know Dauch from his time in office when American Axle was expanding.

Dauch, a 50-year automotive industry veteran who lived in Bloomfield Hills, was one of three investors who bought five former General Motors Co. plants to start American Axle in 1994. He was CEO until last year, when the company announced that his son, David C. Dauch, would take over operations Sept. 1.

Dick Dauch helped build the company into a top 100 global automotive supplier. The company made $368 million in net income last year on nearly $3 billion in revenue. It employs about 2,000 in Michigan and more than 11,000 around the world. It makes products such as front and rear axles and driveshafts.

Read the full story about Dick Dauch on The Detroit News website.

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