Name: 1981 DeLorean DMC-12
Year(s) Produced: 1981-1982
Number Built: 8,583
Class: Sports car
Body Type: 2-door fastback coupe
Engine: 173.3 cui, Renault Z7W V6
Power: 130hp @ 5500 RPM
0-60mph: 9 seconds
Top Speed: 126 mph
Transmission: 5-speed manual
Length/width/height: 168 in./ 78.3 in./ 44.8 in.
Wheelbase: 94.8 in.
Base Price: US$29,825 (NADA)
Highest Price: US$40,000 (Hagerty)
The company that is perhaps best known for its iconic vehicle in the 80s hit movie series, ‘Back To The Future’, has great reasons to be thankful for. On its news and blogsite, DeLorean Motor Company (DMC) extended its words of gratitude to all who supported the ‘resurrection of the DMC-12. The blogsite reads:
First of all – THANK YOU! It wasn’t our plan to announce the introduction of the DeLorean resurrection in this way – a simple little local news story got picked up nationally overnight on January 26th and before we knew what had happened it was worldwide! We have seen and read a lot of stories and comments and want to use this as an opportunity, again to say “thanks”, but also to keep everyone updated on what is happening here at DeLorean Motor Company and our plans in regards to the “Low Volume Vehicle Manufacturing Act”.
Next, we also want to give a shout-out to Congressman Gene Green (D-TX) and Congressman Markwayne Mullin (R-OK) who were the co-sponsors of the “Low Volume Motor Vehicle Manufacturers Act” (HR 2675). The Specialty Equipment Manufacturers Association (SEMA) has been working with Congress since 2011 to create a reasonable and responsible regulatory structure to allow small companies (like us!) to produce a limited number of replica motor vehicles.
The DeLorean DMC-12 is returning with a limited production run in the USA taking advantage of a new law.
Taking advantage of the new legislation, DeLorean Motor Company in Texas, can now build up to 500 DMC-12s a year, which allows replicas of old cars to be re-created and sold again. It hopes to roll out its first car as early as next year. DMC acquired what was left of the original set-up 30 years ago including millions of spare parts. They have also manufactured many parts from new which means they have an ideal platform to begin production.
According to the site, “A DeLorean is made up of about 2800 or so individual parts – stainless panels, glass, seats, tires, wheels, brakes, carpet, seat belts, engine, transmission, nuts, bolts, washers and much more! We’re fortunate to have more than 95% of these parts still available to us.”
Stephen Wynne, CEO of DMC, says, ‘It’s huge for us. It means we’re back as a car company again.’ The new DeLorean is expected to have a 300-400bhp power unit. The company is keen not to reveal any details about the specifics of the DMC-12’s new engine, but it did mention that engines in consideration will be both naturally aspirated and turbo-charged, with four and six cylinder configurations. The company said that it is currently in talks with four engine suppliers: two domestic, and two import but chooses not to disclose any further details.
There are plans of improving the brakes, shock absorbers and wheels for greater performance, while retaining the car’s unique image. ‘There’s no reason to change the appearance of the car, as we go into the programme, we’ll decide what areas need to be freshened up,’ says Wynne.
The new DMC-12 is expected to sell for around $100,000 and it’s hoped that the first 300 or so cars will be available to the market in 2017.