Why did no one buy the DeLorean?

Why did no one buy the DeLorean? Well, not only the many problems and low performance, but also the high price caused many people to not buy the car. Anyway, DeLorean doubled the production rate of the car but the demand fell which caused insolvency.

Well, not only the many problems and low performance, but also the high price caused many people to not buy the car. Anyway, DeLorean doubled the production rate of the car but the demand fell which caused insolvency.

How long was DeLorean imprisoned?

All he ever spent behind bars was 10 days while he raised bail after his arrest in Los Angeles in 1982 on charges of smuggling cocaine worth $24m. His acquittal two years later, due to FBI entrapment, was one of several cases in which he eluded criminal conviction.

Where is John DeLorean today?

DeLorean died at Overlook Hospital in Summit, New Jersey, from a stroke, on March 19, 2005, at the age of 80. His ashes are interred at the White Chapel Cemetery, in Troy, Michigan. His tombstone shows a depiction of his DeLorean sports car with the gull-wing doors open.

What does DMC stand for DeLorean?

DMC stands for DeLorean Motor Company, an American automobile manufacturing company founded in 1975 by famed automotive industrialist John DeLorean.

Why did no one buy the DeLorean? – Related Questions

What does the 12 mean in DMC-12?

The “12” in DMC-12 was supposed to stand for the $12,000 that it was originally going to cost. 3. It ended up costing $25,000, which amounts to around $68,000 today. 4. The body of the DeLorean car is made from food-grade stainless steel, and you could actually pour gasoline on the body to clean exterior stains.