Monday, March 21, 2005

Time runs out for John DeLorean

fluxcapacitor.jpg This was not standard DeLorean equipment.

John DeLorean, the renegade carmaker whose eponymous vehicle was featured in the Back to the Future movies, is dead:

John Z. DeLorean, an automotive innovator who left General Motors Corp. to develop a radically futuristic sports car only to see that venture crash spectacularly as he fought federal drug charges, has died of complications from a stroke. He was 80.
DeLorean's company collapsed in 1983, a year after he was arrested in Los Angeles and accused of conspiring to sell $24 million worth of cocaine to salvage his venture. DeLorean used an entrapment defense to win acquittal on the drug charges in 1984. DeLorean was later cleared of defrauding investors, but continuing legal entanglements kept him on the sidelines of the automotive world.
Poor guy didn't make it to 88.

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