DeLorean Motor Company Plans to Release New Car And New Watches

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American carmaker, DeLorean, whose gull wing sports car achieved cult status when it was used as the time machine in Back to the Future, will reveal its first collection of watches in the Autumn, and they are certainly more affordable than the 1980s sports car. Full details of the watches are still under wraps, but they are expected to retail in the UK for £120.

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New DeLorean DMC-12 Car

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Another significantly more costly item is also rumored to be in the pipeline from the Texas based DeLorean Company;  the production of a limited run of new DMC-12’s.The new production run of DMC-12’s will be set at 300 units and will run from 2017 through to 2021.

The DeLorean Motor Company was reformed in 1995 by British entrepreneur Stephen Wynne, and has been supplying restoration and NOS (new old stock) parts to current DMC-12 owners ever since.

DeLorean is able to create new DMC-12’s without having to abide by current EPA and emissions standards is thanks to a 2015 revision to Federal Highway Bill (H.R. 22). This addition, called the Low Volume Motor Vehicle Manufacturers Act, allows small-volume manufacturers such as DeLorean to produce limited numbers of replica motor vehicles that were produced 25 years ago or more without abiding by current highway safety regulations. The new DMC-12 is expected to retails at around $100,000.

Production of the original DMC-12 officially began in January 1981 in Dunmurry, a suburb of southwest Belfast, Northern Ireland, where the first DMC-12 rolled off the production line. About 9,000 DMC-12s were made before production was halted in early 1983.

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In 2011 Swiss watchmaker RJ-Romain Jerome created the DeLorean, a £10,000 watch made from salvaged car parts.

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