Automotive icon, snappy dresser and FBI target John Z. De Lorean left
the building in 2005, leaving behind 8,582 stainless-steel DeLoreans and
one time-traveling hotrod. Few car projects were more maledicted than
the DMC-12. By the time Johnny Z. got the factory in Northern Ireland up
and running — and what could possibly go wrong there? — the losses were
piling up fast. The car was heavy, underpowered (the 2.8-liter Peugeot
V6 never had a chance) and overpriced. And De Lorean was having a few
dramas of his own, resulting in one of law enforcement's more memorable
hidden-camera tableaux: the former GM executive sitting in a hotel room
with suitcases on money, discussing the supply-and-demand of nose candy.
The Giugiaro-designed DMC-12 sure was cool looking, though. In August
of this year, the Texas company that controls the rights to the name
announced it will build a small number of new DMC-12's. How's that for
time travel?
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