- ISBN: 9781250010827 | 1250010829
- Cover: Hardcover
- Copyright: 9/18/2012
Politicians talk about creating jobs and fixing the economy. Here's the way to do just that An executive with thirty years in the trenches of the hard-nosed Detroit automobile industry, Richard Dauch had long dreamed of running his own manufacturing company. In 1994, he took on the challenge of his life: buying a lagging axle supply and parts company along with five rusting, unprofitable, union-controlled, near-decrepit plants in the heart of a crime-ridden Detroit slum. Renaming his company American Axle and Manufacturing, Dauch set out to create a world-class industrial manufacturer. He bought and bulldozed the crack houses that surrounded the company; rebuilt the plants; struck tough bargains with unions; solved quality problems that were costing tens of millions every year and alienating customers; trained and empowered his company's workers at every level; and within one month of opening the doors had turned an astounding $60 million in profit. In American Drive,Dauch narrates the story of AAM against the backdrop of nearly fifty years in the auto industry, from its glory days to its decline in the face of foreign competition, the government bailouts, battles with unions, and the recent financial crisis. Tough, smart, inspiring, and opinionated, Dauch offers memorable lessons on leadership, communication, negotiation, and making profits in difficult times. Dauch's story transcends the auto industry and draws a blueprint for job creation, economic growth, and excellence in America.
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