Timeline for the Delorean DMC 12

 

  • April 1973 - John Zachary DeLorean, vice president of car and truck production, resigned from General Motors to start his own automobile company, DeLorean Motor Cars, Ltd. (DMC).
  • 1974 - DeLorean makes a $500,000 deal with Allstate Insurance Company to call the car, "DeLorean Safety Vehicle (DSV)."
  • 1974 - A few months after making the deal with DeLorean, Allstate lost interest, and the car is to be called "DMC."
  • 1974 - Italian designer Giorgetto Giusiaro designed the DMC-12.
  • 1974 - The DMC-12 specifications include:
  • Stainless steel body panels
  • Gullwing doors
  • 2.8 liter (171 cubic inches) Rear-engine V6
  • 130 horsepower at 5,500 rpm
  • October 1976 - Prototype DeLorean DMC-12 completed.
  • 1978 - Puerto Rico selected as the DMC factory following a $60 million grant offered by the United States.
  • 1978 - Factory location changed to Northern Ireland after a $117 million grant was offered by the United Kingdom.
  • 1978 - Factory built in Dunmurry, near Belfast, Ireland.
  • 1978 - Lotus completed engineering the chassis:
  • Close to the up from 1973 Construction to the Lotus Esprit
  • Independent suspension
  • Front, double wish bones
  • Rear multiunit
  • Rack and pinion steering geared to 2.65 turns, lock-to-lock
  • Single overhead camshaft
  • Bosch K-Jetronic fuel injection
  • Transmission options included 5-speed manual or 3-speed automatic
  • Disc brakes on all four wheels
  • Car weight was 1,244 kilograms (2,742 pounds)
  • January 21, 1981 - First DMC 12 rolled off the production line. The cost was $25,600 USD.
  • December 1981 - American Express had two DeLoreans plated in 24 carat gold for sale in their 1981 Christmas Catalog. The cost for each car was $85,000 USD.
  • Late 1981 - A world-wide recession began. DMC salesmen attempted to boost sales in Europe.
  • February 19, 1982 - DMC went into receivership.
  • October 19, 1982 - DeLorean was arrested by FBI for narcotics violations. His opponents said that DMC got into the drug business to raise much-needed funds to keep DMC running.DeLorean was later cleared of all charges.
  • December 25, 1982 - DMC production ceased after about 9000 cars had been produced.
  • 1985 - A DeLorean was used in the movie, "Back to the Future."
  • March 19, 2005 - John DeLorean died (January 6, 1925 - March 19, 2005).