Historic Information - DMCL Plant Closure
Although there are numerous popular conspiracy rumours
regarding the closure of the DeLorean Motor Company, Ltd. plant
in Ireland, I have seen little evidence that support such
assertions. John was arrested (and subsequently acquitted)
for conspiracy of money laundering and this arrest did
coincide with the closure. However, evidence indicates
that the corporation simply ran out of money.
The financial demise of the company was partly influenced by
several factors including a weak market, unfavorable exchange rates,
and unforseen cost overruns.