The world’s favorite time machine platform is making a comeback. The DeLorean Motor Company is spinning up production of its iconic DMC-12 gull-wing vehicle.
The iconic car from the Back to the Future films went out of production in the early ‘80s, but thanks to the efforts of Stephen Wynne and his DeLorean Motor Company, a Humble, Texas-based company that has been refurbishing these vehicles in years past, will handle the production of the new cars.
DMC has been operating since 1987, and they acquired the rights to reproduce parts in ’97. Last year, their court battle with the widow of the company’s founder, John DeLorean was settled and the company earned the rights to use its name, logo, and trademarks. But this latest step is a big one. It marks the first time new DeLoreans will be manufactured on American soil.
Out of the 9,000 DMC-12’s that were ever produced, about 6,500 DeLoreans still remain. With this new development, Wynne says DMC will build replica 1982 DeLoreans under a low volume manufacturing act with enough materials to make about 300 of them.
While you can purchase refurbished models for between $45,000 and $55,000, Wynne says he hopes to sell the new models for less than $100,000. According to a statement posted to DMC’s Facebook page, the company “has been working for some time to identify a supplier for engines and other parts that must be reproduced to allow production for 2017.”