Why did they stop making the DeLorean?

The DeLorean Motor Company was placed into receivership in February 1982 and filed bankruptcy on October 26 of that year, just a few days after the arrest of its founder, John DeLorean, on drug trafficking charges.

Is DeLorean discontinued?

It is remembered for the one model it produced—the stainless steel DeLorean sports car featuring gull-wing doors—and for its brief and turbulent history, ending in receivership and bankruptcy in 1982.

Did DeLorean go jail?

DeLorean in a cocaine-conspiracy case, was sentenced today to 10 years in Federal prison after prosecutors said he had ”cooperated handsomely” with the Government. Federal District Judge Robert M. Takasugi, who presided over Mr.

Can you buy a brand new DeLorean?

A new DeLorean? Ironically, enthusiasts have been able to buy an essentially new DeLorean since 2008 for about $65,000. We say “essentially” as they are built from approximately 80\% genuine DeLorean parts from the 1980s that were acquired when British entrepreneur Stephen Wynn purchased the failing DMC.

Will DeLorean come back?

Yes, Delorean is coming out with a “New” car in 2021/2022, however it will look the same as the 80’s version with updated chassis, electronics and a few other upgrades.

How much is a DeLorean worth?

Most DeLoreans worth your time will run between $35,000 and $45,000, so it’s still well within the grasp of enthusiasts on a moderate budget. Does the DeLorean fly? The DeLorean DMC-12 was a commercial failure, but its appearance in the Back to the Future movies as a time machine made it one of the most famous cars of all time.

Is DeLorean coming back?

The DMC DeLorean has been out of production for almost 40 years, but now we’ve learned that the iconic vehicle might be coming back as an electric car. The DMC DeLorean was the only vehicle produced by John DeLorean’s DeLorean Motor Company (DMC).

Who owns DeLorean Motor Company?

The DeLorean Motor Company (DMC) was an American automobile manufacturer originally formed by automobile industry executive John DeLorean in 1975.

Where can I buy a DeLorean?

In fact, you can even still buy a factory-new DeLorean. Right now. At least – you can get on a reasonable waiting list for one of the models from the DeLorean Motor Company (DMC). The DMC is located in Humble, Texas, though their website boasts five other locations, four of which are right here in the United States.