Deloreon Motor Company
DELOREAN SET
www.flickr.com/photos/45676495@N05/sets/72157624253059289...
John Zachary DeLorean founded the DeLorean Motor Company in Detroit, Michigan on October 24, 1975. It is remembered for the one model it produced — the distinctive stainless steel DeLorean DMC-12 sports car featuring gull-wing doors—and for its brief and turbulent history, ending in receivership and bankruptcy in 1982.
John Z Delorean was already well known in the motor industry and had been Genral Motors having been the yougest ever Genral Motors executive. Investment capital came primarily in the form of business loans from the Bank of America and from the formation of partnerships and private investment from select parties, including The Tonight Show host Johnny Carson and entertainers Roy Clark and Sammy Davis, Jr.. Money was also gained later through a dealer investment program in which those dealerships offering DeLorean's cars for sale were made shareholders in the company. Delorean also sought investment capital from various government and economic organizations to pay for constructing the company's automobile manufacturing facilities.To gain these, he looked to build his first factory in a country or area where unemployment was particularly high. One candidate was the Republic of Ireland, although the country's then Minister for Industry and Commerce, Desmond O'Malley, decided not to support the project. A deal in Puerto Rico was about to be agreed when DeLorean took up a last-minute offer from the UK Northern Ireland's Industrial Development Board. Besides taking some early seed capital from Hollywood stars Sammy Davis Jr. and Johnny Carson, DeLorean Motor Company relied on the British government for about $120 million of its $200 million startup costs according to the newspaper The Times. The British government was very keen to create jobs in Northern Ireland to reduce sectarian violence by reducing unemployment. As part of this offer, DeLorean was apparently under the impression that the British government would provide his company with Export Credit financing. This would provide a loan of 80% of the wholesale cost of the vehicles (US$20,000) upon completion and delivery for shipping.
In October 1978, construction of the six-building, 660,000 ft² (61,000 m²) manufacturing plant began in Northern Ireland and was completed in 16 months. Officially known as DMCL (DeLorean Motor Cars, Ltd.), the facility was located in Dunmurry, a suburb of Belfast..
Unit production was scheduled to begin in 1979, but engineering delays and budget overruns caused the assembly lines to start only in early 1981. Workers at the factory were generally inexperienced; many never had jobs before joining DMC. This may have contributed to the reported quality issues attributed to the early production vehicles and the subsequent establishment of Quality Assurance Centers (QAC) located at various delivery locations. including California, New Jersey and Michigan where some of the quality issues were to be addressed and resolved before delivery to dealerships. Some of the issues related to the fitting of body panels, higher-output alternators, and gullwing door adjustments.
By 1982, improvements in components and the more experienced workforce meant that production quality was vastly improved, but disputes between dealerships and customers arose .
later because many dealerships refused to do warranty work because they were not reimbursed.
Basically the car met with a warm reception from potential buyers impressed by the stainless steel bodies and gull wings, but the cars were underpowered for a sports ca and the costs were high leading to slower than anticipated sales. The company had estimated their break-even point to be between 10,000 and 12,000 units, but sales were only around 6,000.
In response to the income shortfall a holding company was proposed, which would become a parent company to DMC and each of its subsiduaries. In January 1982, due to United States Securities and Exchange Commission questions about the company's viability, the company was forced to cancel the stock issue for the holding company that DeLorean had hoped would raise about $27 million.
John DeLorean then lobbied the British government for aid, but was refused unless he was able to find a matching amount from other investors. What followed is a matter of debate between the British government, the US Federal Bureau of Investigation, the Drug Enforcement Administration, DeLorean, his investors, and the US court system. At some point in 1982, John DeLorean became the target of an FBI sting operation designed to arrest drug traffickers. He was arrested in October 1982 and charged with conspiring to smuggle $24 million worth of cocaine into the US. His attourney successfully demonstrated to the court that he was coerced into participation in the deal by the agents who initially approached him as legitimate investors. He was acquitted of all charges, but his reputation was forever tarnished. After his trial and subsequent acquittal, DeLorean quipped, "Would you buy a used car from me?"
In the end, sufficient funds could not be raised to keep the company alive. DMC went bust in 1982, taking with it 2,500 jobs and over $100 million in investments. The British government attempted to revive some usable remnants of the manufacturing facility without success, and the Dunmurry factory was closed. DeLorean himself retired in New Jersey, and the dream with which he had mesmerized Britain's Labour government, of industry rising out of the ashes of Northern Ireland's sectarian conflict, was shattered.
Approximately 9,000 cars were made between January 1981 and December 1982, although actual production figures are unclear and estimates differ

Shot at Brooklands New Years Day meeting 01:01:2013 REF 90-134

Tags:   Delorean DMC British 1980's 1990's John.Z.Delorean

© All Rights Reserved

Delorean DMC 12 (1981-83) Engine 2849 V6 130bhp
Production 8583
Registration Number DWU 106 W (Leeds)
DE LOREAN ALBUM
www.flickr.com/photos/45676495@N05/albums/72157624253059289

The only product of the Delorean motor company. The DMC-12 has gull wing doors a brushed stainless steel body and fibre glass underbody
Designed by William T Collins chief engineer and designer and formerly chief engineer at Pontiac. which envisaged a chassis built ERM (Elastic Reservoir Moulding. This was proved to be unsuitable and the project was turned over to Colin Chapman of Lotus for re-engineering. The car was then constructed on a backbone chassis similar to that of the Lotus Esprit. The Giorgetto Giugiaro penned body design remained almost unaltered.
John Z Delorean then set about raising finance and approached several Hollywood celebrities such as Johnny Carson and Sammy Davies Jnr. as investors. The British Labour Government of Harold Wilson offered Delorean millions of pounds finance to site his new factory in Belfast Northern Ireland in order to bring jobs and stability to the region. The factory was built in Dunmurry on the outskirts of Belfast, delays caused an over run but by 1981 the problems had been ironed out and production began. But in 1982 the company was bankrupt with about 100 partially assembled cars on the production line. In October 1982 Delorean was arrested for drug traffiicking and was later found not guilty.

The Delorean will always be known as the car from the movie Back to the Future in which a specially prepared the DMC-12 was driven to 88mph triggering the flux capacitor that projected it into the future )or the past)

Diolch am 85,657,692 o olygfeydd anhygoel, mae pob un yn 90cael ei werthfawrogi'n fawr.

Thanks for 85,657,692 amazing views, every one is greatly appreciated.

Shot 01.08-2021 exiting the Silverstone Festival 01.08.2021 Ref 150-092

Tags:   DeLorean Delorean.Motor.Company British Anglo-American 1980s 1980 DMC12 William.T.Collins ERM Elastic.Reservoit.Moulding Colin.Chapman Backbone.Chassis Giorgetto.Giugiaro John.Z John.Z.Delorean Harold.Wilson Auto Automobile Car cars Classic worldcars Labour.Govenment Belfast Dunmurry Back.to.the.Future Marty.McFly Silverstone Silverstone-Classic.2021 Silverstone-Festival.2021 DWU106W Registered.in.-Leeds

© All Rights Reserved

Delorean DMC 12 (1981-83) Engine 2849 V6 130bhp
Production 8583
Registration Number FLY 201 T (Back to the Future related number, originally allocated for London NW)
DE LOREAN ALBUM
www.flickr.com/photos/45676495@N05/albums/72157624253059289

The only product of the Delorean motor company. The DMC-12 has gull wing doors a brushed stainless steel body and fibre glass underbody
Designed by William T Collins chief engineer and designer and formerly chief engineer at Pontiac. which envisaged a chassis built ERM (Elastic Reservoir Moulding. This was proved to be unsuitable and the project was turned over to Colin Chapman of Lotus for re-engineering. The car was then constructed on a backbone chassis similar to that of the Lotus Esprit. The Giorgetto Giugiaro penned body design remained almost unaltered.
John Z Delorean then set about raising finance and approached several Hollywood celebrities such as Johnny Carson and Sammy Davies Jnr. as investors. The British Labour Government of Harold Wilson offered Delorean millions of pounds finance to site his new factory in Belfast Northern Ireland in order to bring jobs and stability to the region. The factory was built in Dunmurry on the outskirts of Belfast, delays caused an over run but by 1981 the problems had been ironed out and production began. But in 1982 the company was bankrupt with about 100 partially assembled cars on the production line. In October 1982 Delorean was arrested for drug traffiicking and was later found not guilty.

The Delorean will always be known as the car from the movie Back to the Future in which a specially prepared the DMC-12 was driven to 88mph triggering the flux capacitor that projected it into the future )or the past)

Diolch am 85,657,692 o olygfeydd anhygoel, mae pob un yn 90cael ei werthfawrogi'n fawr.

Thanks for 85,657,692 amazing views, every one is greatly appreciated.

Shot 01.08-2021 exiting the Silverstone Festival 01.08.2021 Ref 150-093

Tags:   DeLorean Delorean.Motor.Company British Anglo-American 1980s 1980 DMC12 William.T.Collins ERM Elastic.Reservoit.Moulding Colin.Chapman Backbone.Chassis Giorgetto.Giugiaro John.Z John.Z.Delorean Harold.Wilson Auto Automobile Car cars Classic worldcars Labour.Govenment Belfast Dunmurry Back.to.the.Future Marty.McFly Silverstone Silverstone-Classic.2021 Silverstone-Festival.2021 FLY201T Registered.in.-London.NW.

© All Rights Reserved

Delorean DMC 12 (1981-83) Engine 2849 V6 130bhp
Production 8583
Registration Number NNT 567 W (Shrewsbury)
DE LOREAN ALBUM
www.flickr.com/photos/45676495@N05/albums/72157624253059289

The only product of the Delorean motor company. The DMC-12 has gull wing doors a brushed stainless steel body and fibre glass underbody
Designed by William T Collins chief engineer and designer and formerly chief engineer at Pontiac. which envisaged a chassis built ERM (Elastic Reservoir Moulding. This was proved to be unsuitable and the project was turned over to Colin Chapman of Lotus for re-engineering. The car was then constructed on a backbone chassis similar to that of the Lotus Esprit. The Giorgetto Giugiaro penned body design remained almost unaltered.
John Z Delorean then set about raising finance and approached several Hollywood celebrities such as Johnny Carson and Sammy Davies Jnr. as investors. The British Labour Government of Harold Wilson offered Delorean millions of pounds finance to site his new factory in Belfast Northern Ireland in order to bring jobs and stability to the region. The factory was built in Dunmurry on the outskirts of Belfast, delays caused an over run but by 1981 the problems had been ironed out and production began. But in 1982 the company was bankrupt with about 100 partially assembled cars on the production line. In October 1982 Delorean was arrested for drug traffiicking and was later found not guilty.

The Delorean will always be known as the car from the movie Back to the Future in which a specially prepared the DMC-12 was driven to 88mph triggering the flux capacitor that projected it into the future )or the past)

Diolch am 86,476,489 o olygfeydd anhygoel, mae pob un yn 90cael ei werthfawrogi'n fawr.

Thanks for 86,476,489 amazing views, every one is greatly appreciated.

Shot 29.08.2021 at Thoresby Car Show, Thoresby, Nottinghamshire Ref. 151-041

Tags:   Delorean British 1980s 1980 DMC12 Delorean.Motor.Company William.T.Collins ERM Elastic.Reservoir.Moulding Colin.Capman Giorgetto.Giugiaro John.Z.Delorean Belfast Dunmurry Northern.Ireland.Cars Thorseby Thorseby.Classic.Car.Shoe.2021 NNT567W Registered.in-Shrewesbury Auto Automobile Car cars Classic Motor worldcars Back.to.the.Future

© All Rights Reserved

Delorean DMC-12 (1981-82) Engine 2849 V6 Production 9200
Registration Number URM 501 X (Carlisle)
DELOREAN SET
www.flickr.com/photos/45676495@N05/albums/72157624253059289

The only product of the Delorean motor company. The DMC-12 has gull wing doors a brushed stainless steel body and fibre glass underbody
Designed by William T Collins chief engineer and designer and formerly chief engineer at Pontiac. which envisaged a chassis built ERM (Elastic Reservoir Moulding. This was proved to be unsuitable and the project was turned over to Colin Chapman of Lotus for re-engineering. The car was then constructed on a backbone chassis similar to that of the Lotus Esprit. The Giogetto Giugiaro penned body design remained almost unaltered.
John Z Delorean then set about raising finance and approached sevral Hollywood celebrities such as Johnny Carson and Sammy Davies Jnr. as investors. The British Labour Government of Harold Wilson offered Delorean millions of pounds finance to site his new factory in Belfast Northern Ireland in order to bring jobs and stability to the region. The factory was built in Dunmurry on the outskirts of Belfast, delays caused an over run but by 1981 the problems had been ironed out and production began. But in 1982 the company was bankrupt with about 100 partially assembled cars on the production line. In October 1982 Delorean was arrested for drug traffiking and was later found not guilty.
The Delorean will always be known as the car from the movie Back to the Future in which a specially prepared the DMC-12 was driven to 88mph triggering the flux capacitor that projected it into the future

Many thanks for a fantabulous
45,976,466 views

Shot Brooklands, 01.01.2016 - Ref 111-144

Tags:   Delorean British 1980's DMC-12 DMC Collins Dunmurry Giugiaro Chapman Back-to-the-Future McFly Brooklands Brooklands2016 URM501X

© All Rights Reserved