§ Mr. Cryerasked the Secretary of State for Northern Ireland if he will give the main terms of the agreement between the De Lorean Motor Car Co. Ltd. and the De Lorean Research Partnership Ltd. 391W under which a licence is being granted for De Lorean Motor Car Co. Ltd. to produce the DMC 12 car.
§ Mr. ConcannonI shall reply to my hon. Friend as soon as possible.
§ Mr. Cryerasked the Secretary of State for Northern Ireland if he will list the private investment to date in the De Lorean Motor Co. Ltd., as distinct and separate from the De Lorean Research Partnership Ltd.
§ Mr. ConcannonThe latest consolidated financial statement for De Lorean Motor Company and its subsidiaries prepared at 31 August 1978, showed that the proceeds from sales of common stock and the capital contribution of the partners amounted, at that date, to $9,413,500. This figure excludes the value, estimated at $6.9 million, of research and development work, undertaken with private funds, which was carried out by the John Z De Lorean Corporation and the De Lorean Sports Car Partnership and the investment in the De Lorean Research Limited Partnership.
§ Mr. Cryerasked the Secretary of State for Northern Ireland who are the members of the De Lorean Research Partnership Ltd.
§ Mr. ConcannonI shall reply to my hon. Friend as soon as possible.
§ Mr. Cryerasked the Secretary of State for Northern Ireland if he will place copies of the articles in the United States motor magazines Road and Truck, Car and Driver and Motor Trend, relating to the De Lorean sports car and which were used to assist in assessing its feasibility, in the Library.
§ Mr. ConcannonI shall reply to my hon. Friend as soon as possible.