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Article: The undoing of a sports car dream; Lawyers, movie buffs profit most from DeLorean's stainless-steel vision.(Special Report)
- Article from:
- Automotive News
- Article date:
- March 28, 2005
- Author:
CopyrightCOPYRIGHT 2005 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Edward Lapham
John DeLorean was an influential force in the U.S. auto industry. In these commentaries, Automotive News editors John K. Teahen Jr. and Edward Lapham, who knew DeLorean and followed his roller-coaster ride across the industry, put his career into perspective.
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Originally published on June 28, 1999
I stood in a Northern Ireland pasture on a drizzly October day in 1978 as John DeLorean broke ground for his factory, never imagining that his sports car venture would end 20 years later with lawyers haggling over the amount of a lawsuit settlement.
After the groundbreaking ceremony, when earthmovers began ...