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The Delorean was Introduced

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The Delorean was Introduced

 

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In October 1976, the first prototype DeLorean DMC-12 was completed by William T. Collins. DeLorean eventually built the DMC-12 in a factory in Dunmurry, Northern Ireland, a neighborhood a few miles from Belfast city centre. Construction on the factory began in October 1978, and although production of the DMC-12 was scheduled to start in 1979, engineering problems and budget overruns delayed production until early 1981.

The DeLorean Motor Company went bankrupt in late 1982 when John DeLorean, the designer, was arrested in October of that year on drug trafficking charges. He was later found not guilty, but it was too late for the DMC-12 to remain in production.

Its engine produced a 170 horsepower (130 kW) output emissions regulations required that parts such as catalytic converters be added causing a 40 horsepower (30 kW) reduction to the vehicle's power output, a loss which seriously impeded the DMC-12's performance thus decreasing its popularity in the American market. DMC-12 could achieve 0–60 mph (0–96 km/h) in 8.8 seconds, very good for the early 1980s, but the American version of the car achieved that speed in 10.5 seconds.

It had a retail price of $25,000 (the equivalent to about $60,000 today). Approximately 9,000 DMC-12s were made before production stopped in late 1982. Today, about 6,500 DeLorean Motor Cars are believed to still exist.

It would be later featured in the popular Back to the Future films trilogy (1985-1990).

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