Re: [DML] Downfall of the DMC?

[Andrew Prentis <aprentis@xxxx>]

Hi Todd,
The company went under basically because the British
government,who pretty much owned the manufacturing
part of the company,pulled the plug on it and refused
to give JZD any more money.A new conservative
government came into power in the early eighties and
were far less likely to keep throwing money at DMC.
Also the timing was bad.There was a recession in the
states in the early 80s so people weren't about to buy
sports cars.
Also the initial build quality of the cars was
poor,resulting in bad publicity for the car.They were
also quite expensive compared to other sports cars of
the time.
But I too often wonder what the car would be like
today if they still made them. When I see a new
Porsche drive past me and I think a "new" DeLorean
would be comparable to it in terms of performance and
comfort.
Andrew
#2883
Sydney
--- Vin 5386 <delorean_stainless@xxxx> wrote:
> Does anyone know the actuall reasons that DMC ended
> up
> in bankrupcy? When all is said it seems to me that
> the
> company did quite well in its short time. Was it
> just
> that the DeLorean as an automoblibe didn't "fit the
> nitch" at that time in history? sorta to much to
> soon?
> or was it more related to competeing with the larger
> companys? Would be amazing to suspend reality for
> one
> instance and imagine where the DeLorean would be
> today
> given it had continuted production.
> 
> Todd
> Vin5386
> 
> =====
> For up to the minute details on the restoration of
> Vin5386 point your browser to,
>
http://www.khpindustries.com/stainlessrestorations.html
> 
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