To develop and build an automobile that is as safe as possible, reliable, handles excellently, is great fun to drive, and of distinctive appearance" - this was the dream of John DeLorean. He began to hire the best constructors and designers and built a factory in Northern Ireland. In 1981 -3 years later than originally planned- the DMC-12 had its grand opening with gull-wing doors, a stainless chrome steel body as well as a PRV-6 rear engine and Renault transmission. The interior was available either in black or grey and equipped with leather seats, electric window regulators, electrically adjustable side mirrors, air-condition and adjustable steering wheel.
At the beginning the sales figures were very good but they experienced a drastic fall-off in 1982 compelling DeLorean to seek financial support, unfortunately in vain. In 1983 the DeLorean Motor Company had to file for bankruptcy - between 1981 and 1983 they produced about 8600 automobiles. The DeLorean DMC-12 won worldwide fame as the time-machine in the film-trilogy "Back to the Future" with Michael J. Fox and Christopher Llyod.