UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
HAYES WHEELS INTERNATIONAL, INC.
- - -----------------------------------------------------------------
- - ---------------
(Name of Issuer)
Common Stock
- - -----------------------------------------------------------------
- - ---------------
(Title of Class of Securities)
421124 10 8
- - -----------------------------------------------------------------
- - ---------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a
reporting person's
initial filing on this form with respect to the subject class of
securities, and
for any subsequent amendment containing information which would
alter
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall
not be deemed
to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that
section of the Act
but shall be subject to all other provisions of the Act (however,
see the
Notes).
Page 1 of 9 pages
<PAGE>
SCHEDULE 13G
- - ----------------------------------
- - ----------------------------------------
CUSIP No. 421124 10 8 Page 2 of
9 Pages
----------- -------
- - --------
- - ----------------------------------
- - ----------------------------------------
- - -----------------------------------------------------------------
- - --------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LUCASVARITY plc
- - -----------------------------------------------------------------
- - --------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- - -----------------------------------------------------------------
- - --------------
3 SEC USE ONLY
- - -----------------------------------------------------------------
- - --------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
England and Wales
- - -----------------------------------------------------------------
- - --------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES
- - ---------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,628,800
EACH
REPORTING
- - ---------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
-0-
- - ---------------------------------------------
8 SHARED DISPOSITIVE POWER
1,628,800
- - -----------------------------------------------------------------
- - -------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,628,800 shares indirectly through LucasVarity Inc.,
Varity Automotive Inc. and K-H Corporation
- - -----------------------------------------------------------------
- - --------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES (See Instructions)
|_|
- - -----------------------------------------------------------------
- - --------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.3%
- - -----------------------------------------------------------------
- - -------------
12 TYPE OF REPORTING PERSON (See Instructions)
CO
- - -----------------------------------------------------------------
- - --------------
Page 2 of 9 Pages
<PAGE>
SCHEDULE 13G
- - ----------------------------------
- - ----------------------------------------
CUSIP No. 421124 10 8 Page 3 of 9
Pages
----------- -------
- - --------
- - ----------------------------------
- - ----------------------------------------
- - -----------------------------------------------------------------
- - --------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
LUCASVARITY INC.
- - -----------------------------------------------------------------
- - --------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- - -----------------------------------------------------------------
- - --------------
3 SEC USE ONLY
- - -----------------------------------------------------------------
- - --------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- - -----------------------------------------------------------------
- - -------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES
- - ---------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,628,800
EACH
REPORTING
- - --------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
-0-
- - ---------------------------------------------
8 SHARED DISPOSITIVE POWER
1,628,800
- - -----------------------------------------------------------------
- - --------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,628,800 shares indirectly through Varity Automotive
Inc. and
K-H Corporation
- - -----------------------------------------------------------------
- - -------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES (See Instructions)
|_|
- - -----------------------------------------------------------------
- - --------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.3%
- - -----------------------------------------------------------------
- - --------------
12 TYPE OF REPORTING PERSON (See Instructions)
CO
- - -----------------------------------------------------------------
- - --------------
Page 3 of 9 Pages
<PAGE>
SCHEDULE 13G
- - ----------------------------------
- - ----------------------------------------
CUSIP No. 421124 10 8 Page 4 of 9
Pages
----------- -------
- - --------
- - ----------------------------------
- - ----------------------------------------
- - -----------------------------------------------------------------
- - --------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
VARITY AUTOMOTIVE INC.
- - -----------------------------------------------------------------
- - --------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- - -----------------------------------------------------------------
- - --------------
3 SEC USE ONLY
- - -----------------------------------------------------------------
- - --------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- - -----------------------------------------------------------------
- - -------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES
- - ---------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,628,800
EACH
REPORTING --------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
-0-
--------------------------------------
8 SHARED DISPOSITIVE POWER
1,628,800
- - -----------------------------------------------------------------
- - -------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
None, except 1,628,800 shares indirectly through K-H
Corporation
- - -----------------------------------------------------------------
- - --------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES (See Instructions)
|_|
- - -----------------------------------------------------------------
- - --------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.3%
- - -----------------------------------------------------------------
- - --------------
12 TYPE OF REPORTING PERSON (See Instructions)
CO
- - -----------------------------------------------------------------
- - --------------
Page 4 of 9 Pages
<PAGE>
SCHEDULE 13G
- - ----------------------------------
- - ----------------------------------------
CUSIP No. 421124 10 8 Page 5 of
9 Pages
----------- -------
- - --------
- - ----------------------------------
- - ----------------------------------------
- - -----------------------------------------------------------------
- - --------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
K-H CORPORATION
- - -----------------------------------------------------------------
- - --------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) |_|
(b) |X|
- - -----------------------------------------------------------------
- - --------------
3 SEC USE ONLY
- - -----------------------------------------------------------------
- - --------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- - -----------------------------------------------------------------
- - -------------
5 SOLE VOTING POWER
-0-
NUMBER OF
SHARES
- - --------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 1,628,800
EACH
REPORTING
- - --------------------------------------------------
PERSON WITH 7 SOLE DISPOSITIVE POWER
-0-
- - ---------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,628,800
- - -----------------------------------------------------------------
- - --------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON
1,628,800
- - -----------------------------------------------------------------
- - -------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN
SHARES (See Instructions)
|_|
- - -----------------------------------------------------------------
- - --------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.3%
- - -----------------------------------------------------------------
- - --------------
12 TYPE OF REPORTING PERSON (See Instructions)
CO
- - -----------------------------------------------------------------
- - --------------
Page 5 of 9 Pages
Page
9 of 9 Pages
Item 1(a). Name of Issuer:
Hayes Wheels International, Inc., a Delaware
corporation
Item 1(b). Address of Issuer's Principal Executive Offices:
38481 Huron River Drive
Romulus, Michigan 48174
Item 2(a). Name of Person Filing:
LucasVarity plc
LucasVarity Inc. (formerly named Varity
Corporation)
Varity Automotive Inc. (formerly named
Massey-Ferguson
(Delaware) Inc.))
K-H Corporation
Item 2(b). Address of Principal Business Office:
LucasVarity plc
9 Upper Belgrave Street
London SWIX 8BD, England
LucasVarity Inc.
672 Delaware Avenue
Buffalo, New York 14209
Varity Automotive Inc.
12025 Tech Center Drive
Livonia, Michigan 48150
K-H Corporation
12025 Tech Center Drive
Livonia, Michigan 48150
Item 2(c). Citizenship:
LucasVarity plc: England and Wales
LucasVarity Inc.: Delaware
Varity Automotive Inc.: Delaware
KH Corporation: Delaware
Item 2(d). Title of Class of Securities:
Common stock, par value $0.01 per share
Item 2(e). CUSIP Number:
421124 10 8
Item 3. Not applicable.
Item 4. Ownership:
Item 4(a) Total Amount Beneficially Owned:
K-H Corporation ("K-H") directly owns 1,628,800
shares of the
Common Stock, par value $.01 per share (the
"Common Stock"),
of Hayes Wheels International, Inc. (the
"Company"), or 7.3%
of the Company's outstanding Common Stock. Varity
Automotive
Inc. ("VA") beneficially owns 100% of the shares
held by K-H.
K-H is wholly-owned by VA. Additionally,
LucasVarity Inc.
("LVI") beneficially owns 100% of the shares held
by K-H. K-H
is indirectly wholly-owned by LVI through VA.
Additionally,
LucasVarity plc ("LVplc") beneficially owns 100%
of the shares
held by K-H. K-H is indirectly wholly-owned by
LVplc through
LVI and VA.
Item 4(b) Percent of Class:
See Item 4(a) above.
Item 4(c) Total Number of Shares as to which such persons
have:
(i) sole power to vote or to direct the
vote:
-0-
(ii) shared power to vote or to direct the
vote:
1,628,800
(iii) sole power to dispose or to direct the
disposition
of:
-0-
(iv) shared power to dispose or direct the
disposition of:
1,628,800
Item 5. Ownership of Five Percent or Less of a Class::
Not applicable.
Item 6. Ownership of More than Five Percent on Behalf of
Another
Person:
Not applicable.
Item 7. Identification and Classification of the
Subsidiary Which
Acquired the Security Being Reported on by the
Parent
Holding Company:
Not applicable.
Item 8. Identification and Classification of Members of
the Group:
Not applicable.
Item 9. Notice of Dissolution of Group:
Not applicable.
Item 10. Certification:
Not applicable.
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I
certify that the information set forth in this statement is true,
complete and
correct.
Dated: February 10, 1997 K-H CORPORATION
By:/s/Kenneth L. Walker
- - ---------------------------
Name: Kenneth L.
Walker
<PAGE>
EXHIBIT 1
to
SCHEDULE 13G
under the
Securities Exchange Act of 1934
The undersigned hereby acknowledge and agree that the report
on Schedule
13G being filed by K-H Corporation on or about the date hereof,
relating to the
common stock of HAYES WHEELS INTERNATIONAL, INC. is jointly filed
on behalf of
the undersigned.
LUCASVARITY PLC
February 10, 1997 By:/s/N.D. Arnold
- - ------------------------
LUCASVARITY INC.
February 10, 1997 By:/s/Kenneth L. Walker
- - -------------------------
Kenneth L. Walker
Vice President, Legal
and Secretary
VARITY AUTOMOTIVE INC.
February 10, 1997 By:/s/Kenneth L. Walker
- - ------------------------
Kenneth L. Walker
Secretary
