Quote:
Originally Posted by s_ikari2015
The Debarkle surrounding John Delorean's run in with the law when it comes to drugs is effectively what caused the DMC to go out of business.
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DeLorean Motor Company was effectively out of business well before John D's arrest. I know - I worked for the company as East Coast Tec Rep. The winter of 81-82 was one of the coldest on record in the Northeast and that casued sales to dry up. The company never was funded properly and when Bank of America took away their financing program in March/April 82, they had to lay off almost the entire staff (including myself).
This led John to look for any and all alternatives to financing the cars from the tie they left Ireland to when they were delivered to the dealers. Eventually, he found himself in a hotel room trying to sell cocaine to the Feds. But, by this time the company was already on life support and probably couldn't have been revived anyway.