Some of that is correct,But Basically from studying/keeping a interest in his career since the early 1970's,I found that JZD was one of THE best Speakers/ Salesman ever,But he was NOT into the day to day operations of any of his Businesses,his mindset was always salesmanship/showmanship,in fact it was very rare indeed to find JZD at the Delorean Factory,(or earlier at the GM Factories)as that was not his thing(running a business)he hired the best people for that,he lived for his New York Park Ave HQ and for the next thrill ride of opportunity that came along...and that was one of his faults,relying on others to get the job done...but done HIS way (ie: the Gullwing doors only and not regular doors/the parcel shelf behind the seats to fit a bag of golf clubs,rather than make the car mid-engined,No Paint,no other roof options etc(even tho having the other options on the above might have saved his company)He also used the Bricklin as a poster child of how NOT to make his car(if you notice he either did the opposite of the Bricklin engineering or improved upon it)He saw the failures with the Bricklin and was trying to avoid the same pitfalls/mistakes that Mal Bricklin made..(Bricklin and JZD WERE friends)You might even say that the startup and failure of the Bricklin was what JZD needed to startup his Dreams of making his own gullwing sports car. In a nutshell it was the thrill of being in charge/seeking new opportunities,that made him get up in the morning...and when that all started to fall apart.... A Desperate man does crazy things...we all know what happened.I was always into JZD since I got my very first car in the early 1970's which was HIS first Car the Pontiac GTO,(six of them and later six deloreans))and STILL have one of his cars,no not a Delorean but his "second" car a Chevy(Motion)Vega. Claude --- In dmcnews@xxxxxxxxxxxxxxx, "David Teitelbaum" <jtrealty@...> wrote: > > Not being privy to all of the materiel you are able to research I > always thought the major reasons for the failure were: > > Being forced by agreement to ramp up production even when the cars > were not selling > > The Economy slowing down and hurting sales > > The negative reviews on the early cars > > Not coming to market on time > > (The biggie) The British Government demanding payments on the loans > and holding back payment installments. I know JZD should have been > able to pay the financing on the sale of the cars but the triple > whammy of falling sales, increasing production, and holding back the > financing forced DMC into Bankrupcy. He could have continued a little > longer (and maybe that would have been enough?) if Thatcher and her > government allowed the financing to continue. No one ever claimed JZD > did all of this out of the goodness of his heart. He was in this to > make money. He also had the ego, the drive, and the qualifacations to > do it. Also remember Lear fan went down at the same time for what I > believe were similar reasons. DMC also had problems collecting on > damages from a riot and the government held back on that too. If JZD's > greed had anything to do with it that in and of itself IMHO was not > the penultimate cause. All of the investigations after the demise of > DMC could not find any single cause. Aurthur Anderson (the accounting > firm) ultimately DID have to reemburse the British Government. Maybe > they can be the "villain"? Or maybe they just had some money and the > British Government was able to bully them into paying? > David Teitelbaum > vin 10757 > > > [very long quote trimmed by moderator] ------------------------------------ To address comments privately to the moderating team, please address: moderators@xxxxxxxxxxx For more info on the list, tech articles, cars for sale see www.dmcnews.com To search the archives or view files, log in at http://groups.yahoo.com/group/dmcnewsYahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/dmcnews/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/dmcnews/join (Yahoo! ID required) <*> To change settings via email: mailto:dmcnews-digest@xxxxxxxxxxxxxxx mailto:dmcnews-fullfeatured@xxxxxxxxxxxxxxx <*> To unsubscribe from this group, send an email to: dmcnews-unsubscribe@xxxxxxxxxxxxxxx <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/