[DML] Re: Detroit, US government, and DeLorean
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[DML] Re: Detroit, US government, and DeLorean





While I am not one for conspiracy theories either, there's something 
that just doesn't add up in the DeLorean saga. Yes the market 
rejected the car for being too expensive, underpowered, too 
unconventional, all of this during a huge market recession. But why 
would a government who invested not only $200 Million dollars of 
it's taxpayers money, but also invested the lives of some 2,500 
citizens who signed on as factory workers, not to mention the 
countless suppliers etc; pull the plug on this operation after it 
had only been *producing* automobiles for ONE FULL YEAR??? That is a 
heck of a lot of money and lives to just flush after only 1 year of 
being in business, especially when you account for the size of Great 
Britain versus the US in population and GDP, and for inflation since 
then. 

If you watch the Pennebaker/Hedgus Documentary on DMC, JZD mentions 
that Great Britain had been supporting British Leyland for many many 
years to keep them afloat. Yes JZD was a foreigner unlike BL, but 
the money and lives invested in him sure weren't foreign, they were 
British to the core. Even with the limited amount of research the 
government did before investing in DeLorean, they had to of known 
that the cars would need several years, if not a decade of 
production before they worked out all their kinks, established their 
name in the automotive world as a viable competitor, came out with a 
more comprehensive lineup which would grab a larger market share, 
and most importantly become profitable and able to support 
themselves. I refuse to believe the British government officials who 
decided the DeLorean investment was worthy of their taxpayers 
dollars and lives didn't know this all of this (especially after 
their experience with BL and other investments!). Not to mention JZD 
claimed the company was making a profit when they were closed. Now I 
don't know the basis for the conspiracy to shut down DMC, but it's 
pretty obvious to me that for some reason, someone wanted DeLorean 
out of business. It may be simpler than the theories that have been 
running around for the past two decades, or it may in fact be far 
more complex.

Louie Golden
VIN 5252 Charlotte, NC

> --- Jake Kamphoefner <jakekamp@xxxx> wrote:
> >  
> > -Detroit and the US government had nothing to do
> > with putting DMC out of business.  The market did.








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