Title: Why did the DeLorean Motor Company fail? - Quora
Headings: Why did the DeLorean Motor Company fail?
Why did the DeLorean Motor Company fail?
Content: Delays, inflation, and probably some poorly optimistic planning meant that the actual price came out at around $25,000. This put it in the same ballpark as Porches and Corvettes of the time, but as mentioned above, the performance of the car was not in the same neighborhood. A lower price might have helped sales, but that price and the economic downturn certainly did not. I know this has been fairly lengthy, but on a personal note, I’d like to add that the car is a real hoot to drive, and today at least, is relatively inexpensive to acquire and own. There are still a good number on the road (estimates are around 6,000), and parts and service are readily available. If the car interests you, do some research and consider buying one for yourself. Jim Mowreader
, Wide-format Printing Expert (2008-present)
Answered 3 years ago · Author has 9.3K answers and 20.4M answer views
Considering who John DeLorean was, it’s hard to imagine the car or the company could fail. But both of them did. DeLorean was the engineer who created this: The “Goat” is arguably the first muscle car, and one of the most iconic cars ever.