1
                                                                  EXHIBIT 99.2
 
                         NOTICE OF GUARANTEED DELIVERY
                                      FOR
                                   TENDER OF
                          9 1/2% SENIOR NOTES DUE 2005
                                IN EXCHANGE FOR
                     SERIES B 9 1/2% SENIOR NOTES DUE 2005
 
                             VENTURE HOLDINGS TRUST
                                  VEMCO, INC.
                         VENTURE INDUSTRIES CORPORATION
                     VENTURE MOLD & ENGINEERING CORPORATION
                            VENTURE LEASING COMPANY
                              VEMCO LEASING, INC.
                          VENTURE HOLDINGS CORPORATION
                            VENTURE SERVICE COMPANY
 
     This form or one substantially equivalent hereto must be used by a holder
to accept the Exchange Offer of Venture Holdings Trust, a grantor trust
organized under the laws of the State of Michigan, Vemco, Inc., Venture
Industries Corporation, Venture Mold & Engineering Corporation, Venture Leasing
Company, Vemco Leasing, Inc., Venture Holdings Corporation and Venture Service
Company, each a Michigan corporation (each an "Issuer" and, together with the
Trust, the "Issuers"), who wishes to tender 9 1/2% Senior Notes due 2005 (the
"Original Notes") to the Exchange Agent pursuant to the guaranteed delivery
procedures described in "The Exchange Offer -- Guaranteed Delivery Procedures"
of the Issuers' Prospectus dated          , 1997 (the "Prospectus") and in
Instruction 2 to the related Letter of Transmittal. Any holder who wishes to
tender Original Notes pursuant to such guaranteed delivery procedures must
ensure that the Exchange Agent receives this Notice of Guaranteed Delivery prior
to the Expiration Date (as defined below) of the Exchange Offer. Capitalized
terms used but not defined herein have the meanings ascribed to them in the
Prospectus or the Letter of Transmittal.
 
        THE EXCHANGE OFFER WILL EXPIRE AT 5:00 P.M., NEW YORK CITY TIME,
  ON          , 1997, UNLESS EXTENDED (THE "EXPIRATION DATE"). ORIGINAL NOTES
          TENDERED IN THE EXCHANGE OFFER MAY BE WITHDRAWN AT ANY TIME
                         PRIOR TO THE EXPIRATION DATE.
 
                 The Exchange Agent for the Exchange Offer is:
 
                          THE HUNTINGTON NATIONAL BANK
 
                  By Mail, Overnight Courier or Hand Delivery:
                          The Huntington National Bank
                          41 South High Street-HC1112
                              Columbus, Ohio 43215
                     Attention: Corporate Trust Department

                                 By Facsimile:
                          The Huntington National Bank
                     Attention: Corporate Trust Department
                                 (614) 480-5223
                        (For Eligible Institutions Only)
 
DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS SET
FORTH ABOVE, OR TRANSMISSION OF INSTRUCTIONS VIA A FACSIMILE NUMBER OTHER THAN
THE ONE LISTED ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
 
THIS NOTICE OF GUARANTEED DELIVERY IS NOT TO BE USED TO GUARANTEE SIGNATURES. IF
A SIGNATURE ON A LETTER OF TRANSMITTAL IS REQUIRED TO BE GUARANTEED BY AN
"ELIGIBLE INSTITUTION" UNDER THE INSTRUCTIONS THERETO, SUCH SIGNATURE GUARANTEE
MUST APPEAR IN THE APPLICABLE SPACE PROVIDED IN THE BOX ON THE LETTER OF
TRANSMITTAL FOR GUARANTEE OF SIGNATURES.
   2
 
Ladies and Gentlemen:
 
     The undersigned hereby tenders to the Issuers, upon the terms and subject
to the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Original Notes set forth below pursuant to the guaranteed delivery procedures
set forth in the Prospectus and in Instruction 2 of the Letter of Transmittal.
 
     The undersigned hereby tenders the Original Notes listed below:
 


                                                                   AGGREGATE
                                                                PRINCIPAL AMOUNT       AGGREGATE
    CERTIFICATE NUMBERS(S) (IF KNOWN) OF ORIGINAL NOTES           REPRESENTED          PRINCIPAL
        OR ACCOUNT NUMBER AT THE BOOK-ENTRY FACILITY                BY NOTE         AMOUNT TENDERED
    ---------------------------------------------------         ----------------    ---------------
                                                                              

 
                            PLEASE SIGN AND COMPLETE
 

                                                                                                                
- ------------------------------------------------------------------------------------------------------------------
    Signatures of Registered Holder(s) or Authorized            Date: ..............................................
    Signatory:
                                                                Address: ............................................
    ....................................................
                                                                ....................................................
    ....................................................
                                                                Area Code and Telephone No.  ........................
    ....................................................
    Name(s) of Registered Holder(s):

    ....................................................

    ....................................................
- ------------------------------------------------------------------------------------------------------------------

 
     This Notice of Guaranteed Delivery must be signed by the Holder(s) exactly
as their name(s) appear on certificates for Original Notes or on a security
position listing as the owner of Original Notes, or by person(s) authorized to
become Holder(s) by endorsements and documents transmitted with this Notice of
Guaranteed Delivery. If signature is by a trustee, executor, administrator,
guardian, attorney-in-fact, officer or other person acting in a fiduciary or
representative capacity, such person must provide the following information.
 
                      PLEASE PRINT NAME(S) AND ADDRESS(ES)
 
Name(s):
 
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
Capacity:

- --------------------------------------------------------------------------------
Address(es):
- --------------------------------------------------------------------------------

- --------------------------------------------------------------------------------
 
                                        2
   3
 
                                   GUARANTEE
                    (Not To Be Used for Signature Guarantee)
 
     The undersigned, a firm which is a member of a registered national
Securities exchange or of the National Association of Securities Dealers, Inc.,
or is a commercial bank or trust company having an office or correspondence in
the United States, or is otherwise an "eligible guarantor institution" within
the meaning of Rule 17Ad-15 under the Securities Exchange Act of 1934,
guarantees deposit with the Exchange Agent of the Letter of Transmittal (or
facsimile thereof), together with the Original Notes tendered hereby in proper
form for transfer (or confirmation of the book-entry transfer of) such Original
Notes into the Exchange Agent's account at the Book-Entry Transfer Facility
described in the Prospectus under the caption "The Exchange Offer--Guaranteed
Delivery Procedures" and in the Letter of Transmittal and any other required
documents, all by 5:00 p.m., New York City time, within three (3) New York Stock
Exchange trading day following the Expiration Date.
 
Name of Firm:
- -------------------------------------------------------
 
Address:
- -------------------------------------------------------
                  (Include Zip Code)
 
Area Code and Telephone Number:
- -------------------------------------------------------------------
 
Authorized Signature:
- -------------------------------------------------------
 
Name:
- -------------------------------------------------------
 
Title:
- -------------------------------------------------------
                (Please Type or Print)
 
Date: ____________________ , 1997
 
DO NOT SEND ORIGINAL NOTES WITH THIS FORM. ACTUAL SURRENDER OF ORIGINAL NOTES
MUST BE MADE PURSUANT TO, AND BE ACCOMPANIED BY A PROPERLY COMPLETED AND DULY
EXECUTED LETTER OF TRANSMITTAL AND ANY OTHER REQUIRED DOCUMENTS.
 
                                        3
   4
 
                 INSTRUCTIONS FOR NOTICE OF GUARANTEED DELIVERY
 
     1. Delivery of this Notice of Guaranteed Delivery. A properly completed and
duly executed copy of this Notice of Guaranteed Delivery and any other documents
required by this Notice of Guaranteed Delivery must be received by the Exchange
Agent at its address set forth herein prior to the Expiration Date. The method
of delivery of this Notice of Guaranteed Delivery and any other required
documents to the Exchange Agent is at the election and sole risk of the holder,
and the delivery will be deemed made only when actually received by the Exchange
Agent. If delivery is by mail, registered mail with return receipt requested,
properly insured, is recommended. As an alternative to delivery by mail the
holders may wish to consider using an overnight or hand delivery service. In all
cases, sufficient time should be allowed to assure timely delivery. For a
description of the guaranteed delivery procedures, see Instruction 2 of the
Letter of Transmittal.
 
     2. Signatures on this Notice of Guaranteed Delivery. If this Notice of
Guaranteed Delivery is signed by the registered holder(s) of the Original Notes
referred to herein, the signature must correspond with the name(s) written on
the face of the Original Notes without alteration, enlargement, or any change
whatsoever. If this Notice of Guaranteed Delivery is signed by a participant of
the Book-Entry Transfer Facility whose name appears on a security position
listing as the owner of the Original Notes, the signature must correspond with
the name shown on the security position listing as the owner of the Original
Notes.
 
     If this Notice of Guaranteed Delivery is signed by a person other than the
registered holder(s) of any Original Notes listed or a participant of the
Book-Entry Transfer Facility, this Notice of Guaranteed Delivery must be
accompanied by appropriate bond powers, signed as the name of the registered
holder(s) appears on the Original Notes or signed as the name of the participant
shown on the Book-Entry Transfer Facility's security position listing.
 
     If this Notice of Guaranteed Delivery is signed by a trustee, executor,
administrator, guardian, attorney-in-fact, officer of a corporation, or other
person acting in a fiduciary or representative capacity, such person should so
indicate when signing and submit with the Letter of Transmittal evidence
satisfactory to the Issuers of such person's authority to so act.
 
     3. Requests for Assistance or Additional Copies. Questions and requests for
assistance and requests for additional copies of the Prospectus may be directed
to the Exchange Agent at the address specified in the Prospectus. Holders may
also contact their broker, dealer, commercial bank, trust company, or other
nominee for assistance concerning the Exchange Offer.
 
                                        4