DeLorean is back.
Again.
Kat DeLorean, daughter of famed automotive executive John DeLorean, has announced the launch of a new car company called DeLorean Next Generation Motors (DNG Motors), that is aiming to bring a modern take on her father’s eponymous sports car to market.
The company says that the sleek gullwing two-seater will be built in Detroit, with the first production version set to be revealed late next year.
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The DNG Model-JZD was inspired by the original DeLorean DMC-12 (DeLorean Next Generation)
The news comes after this year’s debut of the Texas-based DeLorean Motor Company’s Alpha5 four-seat car. The new DMC started out as a DeLorean parts sales and restoration outfit that acquired the original brand’s name and trademarks.
DeLorean, who is a cybersecurity engineer, has said she does not approve of the company’s use of her father’s name, but his estate previously reached a settlement with the company over the rights.
(DeLorean Next Generation)
DNG has released images of its car, the Model-JZD, which was named as a tribute to John Z. DeLorean and penned by Spanish designer Angel Guerra with inspiration from the classic DMC-12.
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John DeLorean with daughter Kathryn during the unveiling of the DeLorean Motor Car Feb. 8, 1981, at the Biltmore Hotel in Los Angeles. (Photo by Ron Galella/Ron Galella Collection via Getty Images)
A company representative told Fox News Digital that it was designed around an electric powertrain, but that it is in the process of determining the best option for the final version.
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It will follow what it said was John DeLorean’s goal of developing "safer, more reliable, more efficient affordable automobiles."
The first iteration of the DeLorean Motor Company built approximately 9,000 cars at its Belfast, Northern Ireland, factory from 1981 until 1982, when it declared bankruptcy following the arrest of John DeLorean on drug trafficking charges, for which he was later acquitted.
DeLorean Motor Company has not yet responded to a request for comment from Fox News Digital.