The DeLorean DMC-12, as made famous by the Back To The Future Trilogy, is to go back into production once again.
He added: “In December of last year, a low volume production bill was signed into law. It basically means if you are a global manufacturer of cars and you produce less than 5,000 cars a year, you can produce 325 replicas that match an original car that was made 25 years ago or earlier which fits us perfectly.”
Mr Wynne told KPRC: “It’s huge for us. It means we’re back as a car company again.”
He hopes the first new car will arrive in 2017 and is expected to sell for around $100,000.