This Day in History: October 19, 1982
There are few automobiles ahead of their time like the DeLorean. Built on dreams ending in a nightmare, the futuristic style of the DeLorean was like nothing ever seen before.
There are few automobiles ahead of their time like the DeLorean. Built on dreams ending in a nightmare, the futuristic style of the DeLorean was like nothing ever seen before.
Its stainless-steel body was unpainted; its doors opened up, not out; it had a 130-hp Renault engine and could go from zero to 60 mph in eight seconds.
In 1973, John Z. DeLorean unexpectedly resigned his position as General Motor's Vice President of car and truck production. What a shocker! After all, he was positioned to rise to the top of the company. John Z was a renegade at heart and having risen to prominence within the company according to the corporate 'rules' of the game, it was time for a change. His visions did not fit any pattern for GM. Thus, the change, the start his own company, and the hiring of GM engineering guru Bill Collins to make it happen.
It needed to be be very European in feel and impress aspirational buyers. Throwing a curved ball into the mix, the pair concluded that their car would have stainless steel bodywork and gullwing doors to give it requisite wow factor, and tempt buyers away from their Euro cars.for The dream gained momentum through the years as financial backers came on board, such as Bank of America, strategic partnerships and dealers who had been offered shares in the company. However, on October 19, 1982, the FBI pounced on John Z in a Los Angeles hotel room for ‘narcotics violations.’ The dream became a nightmare the moment the briefcase full of cocaine was captured on camera.
Back to the Future...
A Nightmare with a Somewhat 'Happy' Ending: Gone but Never Forgotten
DeLorean was already mired in legal problems by the time director Steven Spielberg chose a DMC–12 to serve as Marty McFly's time machine in "Back to the Future." Spielberg had originally planned to use an old refrigerator instead of a car, but had changed his mind at the last minute. (The director liked the DeLorean's futuristic look, but more than that he was worried that young fans of the movie might accidentally get stuck in refrigerators and freezers while playing make-believe.) While the DeLorean's instant celebrity did not do much to revive its creator's fortunes, it granted him a permanent footnote in pop-culture history. (Source: History.com)
Into the Future...
2016
The DeLorean DMC-12 was, for a brief but shining moment, the dream of the 1980s motorist. Eventually failed in the cold, hard reality of bad business deals and sketchy engineering, the gull-wing DeLorean has nevertheless refused to go away. The injection of stardom from Back to the Future and the motoring media's near sycophantic obsession with the wild life of John Z. DeLorean have given the brand legs that wouldn't have been believed in the darkest days of 1983.
2017
The new DeLorean Motor Co. says it is planning to bring the original DeLorean DMC-12 sports car featured in the "Back to the Future" movie back into production in 2017. The WSJ's Lee Hawkins reports.
John Z. DeLorean & his Dream
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