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                                                                    EXHIBIT 99.2
 
                         NOTICE OF GUARANTEED DELIVERY
                                 FOR TENDER OF
                   9 1/8% SENIOR SUBORDINATED NOTES DUE 2007
 
                                       OF
 
                        HAYES WHEELS INTERNATIONAL, INC.
 
     This Notice of Guaranteed Delivery, or one substantially equivalent to this
form, must be used to accept the Exchange Offer (as defined below) if (i)
certificates for the Company's (as defined below) 9 1/8% Senior Subordinated
Notes Due 2007 (the "Old Notes") are not immediately available, (ii) Old Notes,
the Letter of Transmittal and all other required documents cannot be delivered
to The Bank of New York (the "Exchange Agent") on or prior to the Expiration
Date (as defined in the Prospectus referred to below) or (iii) the procedures
for delivery by book-entry transfer cannot be completed on a timely basis. This
Notice of Guaranteed Delivery may be delivered by hand, overnight courier or
mail, or transmitted by facsimile transmission, to the Exchange Agent. See "The
Exchange Offer" in the Prospectus. In addition, in order to utilize the
guaranteed delivery procedure to tender Old Notes pursuant to the Exchange
Offer, a completed, signed and dated Letter of Transmittal relating to the Old
Notes (or facsimile thereof) must also be received by the Exchange Agent on or
prior to the Expiration Date. Capitalized terms not defined herein have the
meanings assigned to them in the Prospectus.
 
                 THE EXCHANGE AGENT FOR THE EXCHANGE OFFER IS:
 
                              THE BANK OF NEW YORK
 
                         By Hand and Overnight Courier:
                               101 Barclay Street
                        Corporate Trust Services Window
                                  Ground Level
                            New York, New York 10286
                       Attention: Reorganization Section
                        By Registered or Certified Mail:
                             101 Barclay Street, 7E
                            New York, New York 10286
                       Attention: Reorganization Section
                                  By Facsimile
                         (Eligible Institutions only):
                                 (212) 815-6339
 
                         To Confirm by Telephone or for
                               Information Call:
                                 (212) 815-2742
 
     DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS
SET FORTH ABOVE OR TRANSMISSION OF THIS NOTICE OF GUARANTEED DELIVERY VIA
FACSIMILE TO A NUMBER OTHER THAN AS SET FORTH 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
signature box on the Letter of Transmittal.
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Ladies and Gentlemen:
 
     The undersigned hereby tenders to Hayes Wheels International, Inc., a
Delaware corporation (the "Company"), upon the terms and subject to the
conditions set forth in the Prospectus dated September 12, 1997 (as the same may
be amended or supplemented from time to time, the "Prospectus"), and the related
Letter of Transmittal (which together constitute the "Exchange Offer"), receipt
of which is hereby acknowledged, the aggregate principal amount of Old Notes set
forth below pursuant to the guaranteed delivery procedures set forth in the
Prospectus under the caption "The Exchange Offer."
 
- ---------------------------------------
 
- ---------------------------------------
 Principal Amount of Old Notes
 Tendered:
 -------------------------------------
 Name(s) of Registered Holder(s):
 =====================================
 Amount Tendered: $
 --------------------------------------------------------------------------*
 Certificate No(s). (if available):
 =====================================
 (Total Principal Amount Represented
 by Old Notes Certificate(s))
 
 $
 -------------------------------------
 
If Old Notes will be tendered by
 book-entry transfer, provide the
 following information:
 
 DTC Account Number:
 -----------------------------------------------------------------------
 Date:
 -------------------------------------
* Must be in denominations of $1,000
  and any integral multiple thereof.
 
All authority herein conferred or agreed to be conferred shall survive the
                                          death or incapacity of the
                                          undersigned and every obligation of
                                          the undersigned hereunder shall be
                                          binding upon the heirs, personal
                                          representatives, successors and
                                          assigns of the undersigned.
 
                                                    PLEASE SIGN HERE
 
                                          X
                                          -------------------------------------
                                          X
                                          -------------------------------------
                                             Signature(s) of Owner(s) or
                                            Authorized Signatory           Date
 
                                          -------------------------------------
 
                                             Area Code and Telephone Number
 
Must be signed by the holder(s) of the Old Notes as their name(s) appear(s) on
                                          certificates for Old Notes or on a
                                          security position listing, or by
                                          person(s) authorized to become
                                          registered holder(s) by endorsement
                                          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 set forth his or her full title
                                          below. Please print name(s) and
                                          address(es).
 
                                          Name(s):
                                          -------------------------------------
 
                                          -------------------------------------
                                          Capacity:
                                          -------------------------------------
                                          Address(es):
                                          -------------------------------------
 
                                          -------------------------------------
 
                                          -------------------------------------
 
                                         ---------------------------------------
 
                                         ---------------------------------------
 
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                                   GUARANTEE
 
                    (NOT TO BE USED FOR SIGNATURE GUARANTEE)
 
        The undersigned, a firm or other entity identified in Rule 17Ad-15
   under the Securities Exchange Act of 1934, as amended, as an "eligible
   guarantor institution," including (as such terms are defined therein): (i)
   a bank; (ii) a broker, dealer, municipal securities broker, municipal
   securities dealer, government securities broker or government securities
   dealer; (iii) a credit union; (iv) a national securities exchange,
   registered securities association or clearing agency; or (v) a savings
   association that is a participant in a Securities Transfer Association
   recognized program (each of the foregoing being referred to as an
   "Eligible Institution"), hereby guarantees to deliver to the Exchange
   Agent, at one of its addresses set forth above, either the Old Notes
   tendered hereby in proper form for transfer, or confirmation of the
   book-entry transfer of such Old Notes to the Exchange Agent's account at
   The Depository Trust Company ("DTC"), pursuant to the procedures for
   book-entry transfer set forth in the Prospectus, in either case together
   with one or more properly completed and duly executed Letter(s) of
   Transmittal (or facsimile thereof) and any other required documents within
   five business days after the date of execution of this Notice of
   Guaranteed Delivery.
 
        The undersigned acknowledges that it must deliver the Letter(s) of
   Transmittal and the Old Notes tendered hereby to the Exchange Agent within
   the time period set forth above and that failure to do so could result in
   a financial loss to the undersigned.
 
                             (PLEASE TYPE OR PRINT)
 

                                                 
    Name of Firm:
      ----------------------------------            -----------------------------------------
    Address:                                        Authorized Signature
    -----------------------------------------       Title:
    -----------------------------------------       -----------------------------------------
    Zip Code
    -----------------------------------------       Dated:
    Area Code and Telephone No.                     -----------------------------------------

 
- --------------------------------------------------------------------------------
 
NOTE: DO NOT SEND CERTIFICATES FOR OLD NOTES WITH THIS FORM. CERTIFICATES FOR
      OLD NOTES SHOULD ONLY BE SENT WITH YOUR LETTER OF TRANSMITTAL.
 
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