Nickdfresh
08-21-2007, 03:31 PM
baltimoresun.com (www.baltimoresun.com/business/bal-bz.delorean21aug21,0,3063009.story)
DeLorean car gets future back
Associated Press
August 21, 2007
HUMBLE, Texas
In a nondescript warehouse in East Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
A quarter century after DeLorean Motor Co. began making its glitzy, $25,000 two-seater - an operation that collapsed after two years - Wynne's small automotive outfit plans to bring the vehicle back into limited production at a 40,000-square-foot factory in this Houston suburb.
The creation of renowned automotive engineer John DeLorean, the automaker eventually made fewer than 9,000 cars, distinctive for their gull-wing doors, stainless-steel exterior and rear-engine design. An estimated 6,500 remain on the road.
Despite DeLorean Motor's flop, the car has persevered, gaining notoriety largely as the time machine Fox drove in the blockbuster 1985 movie, Back to the Future, and its two sequels.
The trilogy's enduring popularity on cable TV has exposed countless viewers - and potential customers - to a souped-up version of the DeLorean.
"There isn't a day somewhere in the world that Back to the Future isn't playing as a rerun," said Wynne, president of the new, privately held DeLorean Motor Co.
Wynne formed the company in 1995, when the bulk of his business was working on original DeLoreans at a Houston garage. Still, he needed a name, and because there was nothing legally preventing him from using the original, he decided to give it a shot. He even called John DeLorean, who wished him luck.
A dozen years later, Wynne hopes to parlay the car's celebrity - along with the world's biggest stash of DeLorean parts and engines - into a niche production business that begins hand-making two DeLoreans a month sometime next year. The company has just started taking orders.
Already, the Humble operation will take an existing DeLorean, strip it to the frame and rebuild it for a base price of $42,500. Wynne's staff can rebuild one every couple of months.
The company also handles routine maintenance, such as oil changes and tuneups, and ships 20 to 50 parts orders a day to mechanics and individual owners worldwide.
But because the original models are roughly 25 years old, finding suitable candidates to refurbish has become increasingly difficult.
So Wynne figured: Why not use the thousands of parts and hundreds of engines sitting in his large warehouse and build the cars from scratch?
"Everything seems to evolve around here, and that seemed to be the next logical step," said Wynne, a Briton who began working on DeLoreans in the 1980s in Los Angeles, becoming expert in their mechanics and equipment. He eventually expanded to suburban Houston and opted to make his base here, in part because of the lower cost of living.
Like other DeLorean mechanics at the time, Wynne bought replacement parts from an Ohio company, Kapac Co., which had acquired the original inventory when DeLorean failed. In 1997, when Kapac wanted out of the parts business, Wynne bought the supply for himself, though he declined to say how much he paid.
A decade later, he's decided to take the company to the next level: niche automaker.
The handmade cars will feature about 80 percent original parts. The other 20 percent will be new, supplier-made parts from companies such Valeo SA and the Bosch Group, said James Espey, a DeLorean Motor vice president.
The one limiting factor is the doors. The company has enough for about 500 cars, though it's important to keep some in stock for repairs and such. Beyond that, Espey said, the company is studying its options.
Enhancements to the new cars will include an improved stainless-steel frame, a stronger but lighter fiberglass underbody and electronics upgraded from the disastrous systems in the early DeLoreans. A peppier engine - the original cars' 135-horsepower was a downer for performance enthusiasts - will be available as an option.
"After working on these cars practically every day for 25 years, we've identified most of the issues and replaced them," Wynne said. "If there's a better part available, we'll use it. If there's a better way to install it, we'll do it."
The base price of a new DeLorean is expected to be $57,500 - roughly the same price a 1981 DeLorean would have cost in today's dollars. The company will sell the cars from its shop in Humble and affiliate shops in Bonita Springs, Fla.; Crystal Lake, Ill.; Bellevue, Wash.; and Orange County, Calif.
http://www.damox.com/cars/thumbs/Delorean/1981_Delorean_DMC12.jpg
DeLorean car gets future back
Associated Press
August 21, 2007
HUMBLE, Texas
In a nondescript warehouse in East Texas, mechanic and entrepreneur Stephen Wynne is bringing a rare sports car back to life. If he succeeds, he almost certainly has Michael J. Fox to thank.
A quarter century after DeLorean Motor Co. began making its glitzy, $25,000 two-seater - an operation that collapsed after two years - Wynne's small automotive outfit plans to bring the vehicle back into limited production at a 40,000-square-foot factory in this Houston suburb.
The creation of renowned automotive engineer John DeLorean, the automaker eventually made fewer than 9,000 cars, distinctive for their gull-wing doors, stainless-steel exterior and rear-engine design. An estimated 6,500 remain on the road.
Despite DeLorean Motor's flop, the car has persevered, gaining notoriety largely as the time machine Fox drove in the blockbuster 1985 movie, Back to the Future, and its two sequels.
The trilogy's enduring popularity on cable TV has exposed countless viewers - and potential customers - to a souped-up version of the DeLorean.
"There isn't a day somewhere in the world that Back to the Future isn't playing as a rerun," said Wynne, president of the new, privately held DeLorean Motor Co.
Wynne formed the company in 1995, when the bulk of his business was working on original DeLoreans at a Houston garage. Still, he needed a name, and because there was nothing legally preventing him from using the original, he decided to give it a shot. He even called John DeLorean, who wished him luck.
A dozen years later, Wynne hopes to parlay the car's celebrity - along with the world's biggest stash of DeLorean parts and engines - into a niche production business that begins hand-making two DeLoreans a month sometime next year. The company has just started taking orders.
Already, the Humble operation will take an existing DeLorean, strip it to the frame and rebuild it for a base price of $42,500. Wynne's staff can rebuild one every couple of months.
The company also handles routine maintenance, such as oil changes and tuneups, and ships 20 to 50 parts orders a day to mechanics and individual owners worldwide.
But because the original models are roughly 25 years old, finding suitable candidates to refurbish has become increasingly difficult.
So Wynne figured: Why not use the thousands of parts and hundreds of engines sitting in his large warehouse and build the cars from scratch?
"Everything seems to evolve around here, and that seemed to be the next logical step," said Wynne, a Briton who began working on DeLoreans in the 1980s in Los Angeles, becoming expert in their mechanics and equipment. He eventually expanded to suburban Houston and opted to make his base here, in part because of the lower cost of living.
Like other DeLorean mechanics at the time, Wynne bought replacement parts from an Ohio company, Kapac Co., which had acquired the original inventory when DeLorean failed. In 1997, when Kapac wanted out of the parts business, Wynne bought the supply for himself, though he declined to say how much he paid.
A decade later, he's decided to take the company to the next level: niche automaker.
The handmade cars will feature about 80 percent original parts. The other 20 percent will be new, supplier-made parts from companies such Valeo SA and the Bosch Group, said James Espey, a DeLorean Motor vice president.
The one limiting factor is the doors. The company has enough for about 500 cars, though it's important to keep some in stock for repairs and such. Beyond that, Espey said, the company is studying its options.
Enhancements to the new cars will include an improved stainless-steel frame, a stronger but lighter fiberglass underbody and electronics upgraded from the disastrous systems in the early DeLoreans. A peppier engine - the original cars' 135-horsepower was a downer for performance enthusiasts - will be available as an option.
"After working on these cars practically every day for 25 years, we've identified most of the issues and replaced them," Wynne said. "If there's a better part available, we'll use it. If there's a better way to install it, we'll do it."
The base price of a new DeLorean is expected to be $57,500 - roughly the same price a 1981 DeLorean would have cost in today's dollars. The company will sell the cars from its shop in Humble and affiliate shops in Bonita Springs, Fla.; Crystal Lake, Ill.; Bellevue, Wash.; and Orange County, Calif.
http://www.damox.com/cars/thumbs/Delorean/1981_Delorean_DMC12.jpg