The Automotive Hall of Fame will induct four new members in July, including Richard E. Dauch, the late co-founder and chairman of American Axle & Manufacturing. The Hall of Fame annually honors "individuals who have significantly impacted the automotive industry and the world of mobility."
In 1994, with two other investors, Richard E. "Dick" Dauch purchased the General Motors axle, forge, and driveshaft driveline assets, creating American Axle & Manufacturing. He was its CEO from 1994 to 2012, and upon his retirement September 1, 2012, the company had established itself as a global manufacturer and one of the world’s top 100 automotive suppliers.
Today, AA&M operates in 18 countries and is among the largest Tier 1 suppliers of automotive forgings and castings for powertrain, driveline, and drivetrain systems for light trucks, SUVs, passenger cars and crossover vehicles, as well as commercial vehicles.
Also named for induction at the event, July 18 at the MGM Grand Detroit, are Janet Guthrie, a racecar driver and the first woman to qualify for the Indianapolis 500; Sergio Marchionne, the late CEO of Fiat Chrysler Automobiles; and Patrick Ryan, a Chicago-area auto retailer and the creator of the first auto dealership finance and insurance department.