Today
A large number of the original cars are still on the road after over 30 years; most estimates put it at 6,500 cars surviving out of just over 9,000 built. There is an active enthusiast community around the cars, with strong owners' clubs. A number of businesses were set up after the demise of DMC to provide parts and service, and most of those are still in existence. In particular, DMC (based in Humble, Texas), operates under entirely new ownership and with no direct ties to the original DeLorean Motor Company.
It purchased the parts surplus from Consolidated International and offers aftermarket parts to replace exhausted stock.
Many aftermarket improvements have been offered over time to address some of the flaws in the original production cars, and to improve performance. A common opinion of the car is that in stock form it is somewhat underpowered, and a variety of solutions have been implemented, from complete engine swaps (either to a larger PRV engine, or to completely different engines such as the Cadillac Northstar engine), turbocharger kits (single or twin-turbo), down to simpler solutions such as improved exhausts and other normal engine tuning work.
Although he was cleared of all drug trafficking charges, DeLorean still had to battle many legal cases (stemming from the company's bankruptcy) well into the 1990s. He declared bankruptcy in September 1999, and was evicted from his 434 acres (1.76 km2) New Jersey estate in March 2000. He died of stroke complications at 80 years of age on March 19, 2005.
In August 2007, it emerged that due to demand for the DeLorean DMC , DMCH would start selling refurbished cars.
Businessman Stephen Wynne has purchased all the remaining parts for the car and builds them in Houston.Currently, a DeLorean can be assembled from the ground up using a combination of new, original and reproduction parts for US$57,500 and still carry a 1980s title, while unrestored but good condition vehicles run from about US$25,000 upwards.
On December 3, 2009, DMC released a collection of T-shirts and hats in collaboration with streetwear brand The Hundreds, featuring modernized images of the DMC-12 in Los Angeles culture-based graphic designs. The collaboration project also includes a special edition DMC-12 painted in The Hundreds recognizable JAGS pattern in black and flat black which was for sale beginning 3 December 2009 and displayed at The Hundreds flagship store in Los Angeles the entire day.
In November 2010, in collaboration with DMC, Nike released a limited edition DeLorean Dunk shoe with an estimated production of 1,000 pairs at a suggested retail price of $90.
In October 2011, the DeLorean Motor Company of Humble, Texas, announced intentions to sell custom-made electric DeLoreans by 2013 which are still in development in part due to legal battles. In 2014, the widow of the late carmaker sued the unaffiliated Texas-based DeLorean Motor Company for misuse of trademarks and images which were never purchased after the bankruptcy of the original DMC, claiming that they were still owned by the estate of John Z. DeLorean .On October 20, 2015, the lawsuit was settled out of court for an undisclosed sum in exchange for DMC having the rights to use the DeLorean Motor Company name, trademarks and logo.
The production of the DMC was due to be relaunched in 2017, with 300 new cars produced by DMC ] However, as of April 2018, no complete cars have been produced, and a date of January 2019 proposed for the re-launch.
Hot Trading Hot Capital
- Forums
- General
- DeLorean
DeLorean, page-2
Featured News
Featured News
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Andy Udell, CCO
Andy Udell
CCO
SPONSORED BY The Market Online