HC Deb 14 April 1983 vol 40 cc450-1W
Mr. Cryer

asked the Secretary of State for Northern Ireland if he will make a statement on the situation at the De Lorean Car Co. Ltd.

Mr. Adam Butler

DSQ Property Company Ltd.—formerly De Lorean Motor Cars Ltd. — remains in receivership and liquidation. The joint receivers are continuing the process of realising the assets of the company. All of the stocks of cars, parts and components have been sold and I understand that the receivers intend to arrange an auction of the remaining plant and machinery within the next month or so. As I informed the hon. Member for the Isle of Wight (Mr. Ross) earlier today, the Industrial Development Board for Northern Ireland is cooperating fully with the receivers in their efforts to dispose of the site and buildings to another industrial user.

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