Despite the DeLorean Motor Vehicle company going bankrupt in 1982 after producing only 9,000 of the distinctive gull-winged vehicles made famous by 'Back to the Future', the dream of founderJohn DeLorean's is about to live on, with new vehicles headed to production for the first time in over 30 years.
According to NBC News, the reconstituted DeLorean Motors factory in Humble, Texas which has been refurbishing vehicles and producing parts for the roughly 6,500 vehicles in existence today, has been given the greenlight by the U.S. Government to produce around 300 new vehicles from original parts that have been in storage since the company folded. "It's fantastic! It is a game changer for us. We've been wanting this to happen" remarked Stephen Wynne, DeLorean's CEO.
The newly produced vehicles are expected to be a money spinner for the company, with estimates that they'll sell for upwards of $100,000 USD.
Last updated: Apr 6, 2020 at 04:56 pm CDT
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