Fairly well written article. A couple of points of clarity; The official name of the DeLorean goes like this; make: DMC, model: DeLorean, internal project code: DMC-12. Whenever Hagerty or anyone else calls it a DMC-12 they probably don’t realize they are using the project code and not the model name. Almost everyone does it. I have found only two publications that not only use it correctly, but have also taken the time to explain why it’s correct and “DMC-12” isn’t; Hemmings Motor News and Car and Driver. Everyone else seems to get it wrong, including almost every owner.
Another interesting fact about the financial struggles of the DeLorean Motor Company is that JZD and his executive team had been working on several sources of new cash near the end. They were able to reach a verbal agreement with one of the banks they were working with and had papers ready to sign. In the days before cell phones were common, they were having trouble reaching Mr. DeLorean at his New York office in order to get his signatures and finalize the new loan. This happened to be the same day of his arrest. Had he not gone to that hotel that day, he may have actually been able to sign a deal to help the company continue for another 18 months, and maybe indefinitely. Oh well.