The "Back to the Future" film series' iconic sports car will have a new production run on automobile factory assembly lines after a 34-year hiatus. On January 27, Wednesday the DeLorean Motor Company (DMC) announced that it would start manufacturing the DeLorean DMC-12 models in the state of Texas.  

Like Us on Facebook

The United States Congress recently passed a law to let the company build 300 units. New DeLoreans will vary in price based on their engines and will cost between $80,000 and $100,000.

Congress passed the law in late 2015. It allows small companies to manufacture a limited number of replica cars that look like the original motor vehicles made at least 25 years ago, according to Fortune.  

This new legislation provides a big benefit for DMC. Before it was passed it was difficult for the company to follow regulations for large automakers like GM, Ford, and Chrysler.

DeLorean chief Stephen Vynne told NBC News the company had been waiting a long time to get a green light from Congress. It is a "game-changer" for the carmaker.

Wynne explained that the company will upgrade the engines. However, the new DeLoreans will still include a futuristic look with gull-wing doors and brushed stainless steel, according to NBC News.  

DMC has been searching for suppliers of engines and other car parts that would be used for the 2017 production run. However, it also has other problems to solve.

Wynne is a British entrepreneur. In 1995 he started selling restored DeLoreans in Texas with prices ranging from $45,000 to $55,000.

The 1980s "Back to the Future" movies starring Michael J. Fox and produced by Stephen Spielberg's Amblin Entertainment featured a DeLorean.  In the films a mad scientist transforms the sports car into a time machine.

About 9,200 DeLorean units were built between January 1981 and December 1982 before the company went bankrupt. They were made in Belfast, Northern Ireland.

DMC was founded by former United States auto industry engineer John DeLorean. The DMC-12 hit the consumer market in January 1981 but the auto industry had crashed by then. In addition, the sports car only received average reviews due mainly to the vehicle having a high price for its low horsepower.

Here's a replica "Back to the Future" DeLorean: