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JOHN Z DELOREAN
 Aaron Oswald
Economics P.4
Early Life & Career
   John Z DeLorean’s parents were immigrants
    from Romania and Hungary; his father was a
    union organizer for Ford
   He attended public school in Detroit, and went
    to college at Lawrence Technological
    University to study mechanical engineering,
    while working part-time for Chrysler.
   Worked at a post-graduate facility at Chrysler,
    earned a degree in automotive engineering.
   Offered and took a job at Packard Motor
    Company and became head of research and
    development, but was offered a job at GM.
General Motors
   Accepted a job working for Pontiac, was heavily
    influenced by Semon Knudsen, the youngest person
    to head a division at GM.
   Became head engineer, developed the Pontiac GTO,
    the world’s first muscle car, which transformed
    Pontiac’s image from “old people cars” to one with
    more speed and style.
   Worked his way to becoming the
    Youngest GM executive, heading
    Pontiac, then Chevrolet, after
    which he was promoted to VP of
    cars and trucks for all of GM.
DeLorean Motor Company
   DeLorean left GM to found his own company in 1975, the
    DeLorean Motor company, or DMC for short.
   To keep production costs low, cars were manufactured in
    Northern Ireland, where jobs were sorely needed, starting
    in 1981, but quality issues held the company back.
   The DeLorean DMC-12 had an
    unpainted stainless steel chassis,
    and gull-wing (hinge on top) doors.
   Warranty issues and declining
    demand due to a lack of a real
    niche for the car led to the
    company’s collapse in 1982.
Personal Life
   DeLorean was known for his trendy
    dress style and witty conversation,
    unlike many auto executives of the
    day.
   He invested heavily in the San
    Diego Chargers and the Yankees,
    and became a popular pop culture
    figure.
   To save his company, DeLorean
    may have engaged in cocaine
    trafficking. However, he
    successfully defended himself,
    claiming that it was entrapment.
Legacy
   The 1985 movie Back to the
    Future featured the DeLorean
    DMC-12 as the time-traveling
    machine.
   Since then, the car has become
    a collectors item and a cultural
    icon, and demand for the car is
    probably higher now than it was
    during the actual production.
   DeLorean is remembered as an
    executive and entrepreneur who
    valued enjoying life more and
    other executives, who were all
    about profit.
Works Cited
Adams, Guy. "Hollywood races for DeLorean story." The Independent [London] 12 June
   2009: 20. Print.
Hakim, Danny. "John Z. DeLorean, Father of Glamour Car, Dies at 80." New York Times
   21 Mar. 2005. Print.
Kiger, Patrick J. "Moonwalk Down Memory Lane." Los Angeles Times Magazine 3 Mar.
   2002: 12-15. Print.
Rothenberg, Al. "John Z." Ward's Auto World (2002). Print.

Image URLs:
http://upload.wikimedia.org/wikipedia/en/6/6f/DMC_publicity_photo.jpg
http://www.pjgrady.co.uk/General/Images/John_DeLorean.jpg
http://www.autolife.umd.umich.edu/Race/R_Overview/ID77373_Packard.gif
http://upload.wikimedia.org/wikipedia/commons/2/23/Pontiac_GTO_1966.jpg
http://1.bp.blogspot.com/_NdGAi6Lhpjk/Sl1DYeSUZOI/AAAAAAAAAIg/r-3pRw5dK1U/s400/delorean3.jpg
http://www.nndb.com/people/994/000022928/jpic4-red.jpg
http://historyofeconomics.files.wordpress.com/2008/09/back_to_the_future1.jpg
http://www.bttfblog.com/images/back_to_the_future_delorean_for_sale/delorean_time_machine_rear2.jpg

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John Z DeLorean-Aaron Oswald

  • 1. JOHN Z DELOREAN Aaron Oswald Economics P.4
  • 2. Early Life & Career  John Z DeLorean’s parents were immigrants from Romania and Hungary; his father was a union organizer for Ford  He attended public school in Detroit, and went to college at Lawrence Technological University to study mechanical engineering, while working part-time for Chrysler.  Worked at a post-graduate facility at Chrysler, earned a degree in automotive engineering.  Offered and took a job at Packard Motor Company and became head of research and development, but was offered a job at GM.
  • 3. General Motors  Accepted a job working for Pontiac, was heavily influenced by Semon Knudsen, the youngest person to head a division at GM.  Became head engineer, developed the Pontiac GTO, the world’s first muscle car, which transformed Pontiac’s image from “old people cars” to one with more speed and style.  Worked his way to becoming the Youngest GM executive, heading Pontiac, then Chevrolet, after which he was promoted to VP of cars and trucks for all of GM.
  • 4. DeLorean Motor Company  DeLorean left GM to found his own company in 1975, the DeLorean Motor company, or DMC for short.  To keep production costs low, cars were manufactured in Northern Ireland, where jobs were sorely needed, starting in 1981, but quality issues held the company back.  The DeLorean DMC-12 had an unpainted stainless steel chassis, and gull-wing (hinge on top) doors.  Warranty issues and declining demand due to a lack of a real niche for the car led to the company’s collapse in 1982.
  • 5. Personal Life  DeLorean was known for his trendy dress style and witty conversation, unlike many auto executives of the day.  He invested heavily in the San Diego Chargers and the Yankees, and became a popular pop culture figure.  To save his company, DeLorean may have engaged in cocaine trafficking. However, he successfully defended himself, claiming that it was entrapment.
  • 6. Legacy  The 1985 movie Back to the Future featured the DeLorean DMC-12 as the time-traveling machine.  Since then, the car has become a collectors item and a cultural icon, and demand for the car is probably higher now than it was during the actual production.  DeLorean is remembered as an executive and entrepreneur who valued enjoying life more and other executives, who were all about profit.
  • 7. Works Cited Adams, Guy. "Hollywood races for DeLorean story." The Independent [London] 12 June 2009: 20. Print. Hakim, Danny. "John Z. DeLorean, Father of Glamour Car, Dies at 80." New York Times 21 Mar. 2005. Print. Kiger, Patrick J. "Moonwalk Down Memory Lane." Los Angeles Times Magazine 3 Mar. 2002: 12-15. Print. Rothenberg, Al. "John Z." Ward's Auto World (2002). Print. Image URLs: http://upload.wikimedia.org/wikipedia/en/6/6f/DMC_publicity_photo.jpg http://www.pjgrady.co.uk/General/Images/John_DeLorean.jpg http://www.autolife.umd.umich.edu/Race/R_Overview/ID77373_Packard.gif http://upload.wikimedia.org/wikipedia/commons/2/23/Pontiac_GTO_1966.jpg http://1.bp.blogspot.com/_NdGAi6Lhpjk/Sl1DYeSUZOI/AAAAAAAAAIg/r-3pRw5dK1U/s400/delorean3.jpg http://www.nndb.com/people/994/000022928/jpic4-red.jpg http://historyofeconomics.files.wordpress.com/2008/09/back_to_the_future1.jpg http://www.bttfblog.com/images/back_to_the_future_delorean_for_sale/delorean_time_machine_rear2.jpg