9.28.2008

DMC


DeLorean Motor Company
Founder:John Delorean (he was a capable engineer,business innovator,the youngest person to become a GM executive)
Year:October 24,1975
Vehicle: DMC-12
Downturn: Lack of demand, cost overruns, and unfavorable exchange rates(late 1981)

John Delorean passed away on March 19th 2005, of stroke complications at age 80.
Today: A very large number of the original cars are still on the road after over 25 years; most estimates put it at 6,500 cars surviving out of just over 9,000 built.
Current Owner: Stephen Wynne
DMC Texas made it through Hurricane Ike with no damage to the facility, client vehicles, or parts inventory.


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