John De Lorean

John Zachary De Lorean was an American automobile company executive who is most noted for founding the De Lorean Motor Company to manufacture a revolutionary sports car. Due to technical problems with the car and the recession of the early 1980s, it sold badly and the company went bankrupt; De Lorean himself was arrested for drug trafficking, but successfully defended himself against the charges on the grounds of entrapment by the FBI.

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• What was happening was a predictable result, however, when the control of a consumer goods company moves into the hands of purely financial managers. Short-term profits are dramatically improved, but a lack of sensitivity for product, for markets and for customers sets in, which is usually detrimental to the long-term health of the corporation.

• If almost everybody who bought products was happy with them, there would be no [Ralph] Naders...A car dealer is judged by how many new cars he pushes out the front door and not how he services them in back.

• We have a lot of opportunities.