Is DeLorean Motor Company still in business?

Is DeLorean Motor Company still in business?

In 1995, Liverpool-born mechanic Stephen Wynne founded the current DeLorean Motor Company located in Humble, Texas, and shortly thereafter acquired the remaining parts inventory and the stylized "DMC" logo trademark of DeLorean Motor Company....DeLorean Motor Company.

Industry	Automotive
Products	DeLorean cars

Why did the DeLorean Motor Company fail?

DeLorean decided to build the car in Northern Ireland, where unemployment was high and the government offered manufacturing incentives. Delays hit and production didn't begin until 1981. Lack of consumer interest, costly production, and unfavorable exchange rates drove the company to bankruptcy.

How much does a new DeLorean cost?

DeLorean Motor Company has committed to shipping new DMC-12s in 2019, however, American buyers might have to wait a bit longer than those overseas. Maxim reported that regulators are whispering the price will be about $100,000.

Who makes the new DeLorean?

DMC On January 15, in the waning days of the Trump administration and roughly four years after it was expected, the National Highway Traffic Safety Administration (NHTSA) finalized a 102-page ruling that will permit the production of turnkey replica cars from companies including the new DeLorean Motor Company (DMC).

How many DeLoreans are left?

6,500 DeLoreans Despite the car having a reputation for poor build quality and a less-than-satisfying driving experience, the DeLorean continues to have a strong following driven in part by the popularity of the Back to the Future movies. An estimated 6,500 DeLoreans are still on the road.

Can you still buy a DeLorean?

Among the hundreds of thousands of cars on eBay Motors, there are presently 6 DeLoreans ranging from the high $20 thousands to the low $40 thousands. Even fewer can be found on the original DeLorean.com website, where a scant four are listed for sale.

What 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.

Are DeLoreans reliable?

The Hethel firm has made some very good sports cars, but in the late 70s when the DeLorean was designed, durability and reliability were not its touchstones. The front suspension design contained a fatal flaw and soon wheels started falling off.