A stockpiler of original DeLorean DMC-12 parts is taking advantage of newly revised kit car laws in the U.S. to resume production of the ’80s sports car made iconic by the film Back to the Future.

The just-passed Low Volume Motor Vehicle Manufacturers Act allows U.S. manufacturers of replicas of cars older than 25 years old to not have to meet the same standards as mainstream automakers, explains Jalopnik.

And that’s something the Texas-based DeLorean Motor Car Company – not the original manufacturer of the cars but the corporation that now owns the rights to the name – wants to take advantage of.

The people behind the new DMC bought up all of the old DeLorean’s inventory of spare parts back in 1997, and have been repairing and restoring existing DMC-12s since then.

But the Act will let them legally assemble and sell new replica DeLoreans, something they couldn’t do before. DeLorean says they have enough parts to build about 300 cars, and that they hope to sell them for close to $100,000.

The cars will get modern suspension upgrades, modern electronics, bigger wheels and brakes, and will be powered by a new engine the company’s yet to reveal.

DeLorean DMC-12s were originally powered by a 2.8-liter Peugeot-Renault V6 that made about 130 horsepower, but a spokesperson for DeLorean says it’s leaning toward a 300- to 400-horsepower V6 from an unnamed supplier.

(via Jalopnik)