Austin Martin may not be another DeLorean , but we should know details.

A quick historic reminder 

John DeLorean founded the DeLorean Motor Company in Detroit, Michigan on October 24, 1975. He was already well known in the automobile industry as a capable engineer, business innovator, and youngest person to become a General Motors (GM) executive. Investment capital came primarily in the form of business loans from the Bank of America and from the formation of partnerships and private investment from select parties, including The Tonight Show host Johnny Carson and entertainers Roy Clark and Sammy Davis, Jr.. Money was also gained later through a dealer investment program in which those dealerships offering DeLorean's cars for sale were made shareholders in the company.DeLorean also sought lucrative incentives from various government and economic organizations to pay for constructing the company's automobile manufacturing facilities. To gain these, he looked to build his first factory in a country or area where unemployment was particularly high. One candidate was Ireland, although the country's then Minister for Industry and Commerce, Desmond O'Malley, decided not to support the project. A deal in Puerto Rico was about to be agreed when DeLorean took up a last-minute offer from Northern Ireland's Industrial Development Board. Besides taking some early seed capital from Hollywood stars Sammy Davis Jr. and Johnny Carson, DeLorean Motor Company relied on the British government for about $120 million of its $200 million startup costs according to the newspaper The Times. The British government was very keen to create jobs in Northern Ireland to reduce sectarian violence by reducing unemployment. As part of this offer, DeLorean was apparently under the impression that the British government would provide his company with Export Credit financing. This would provide a loan of 80% of the wholesale cost of the vehicles (US$20,000) upon completion and delivery for shipping.....The lack of demand, cost overruns, and unfavorable exchange rates began to take their toll on DMC's cash flow in late 1981. The company had estimated its break-even point to be between 10,000 and 12,000 units, but sales were only around 6,000. In response to the income shortfall, a restructuring plan was devised where a new "DeLorean Motors Holding Company" would be formed, which in turn would have become corporate parent to DMC and each of its subsidiaries: DeLorean Motor Cars Limited (manufacturer), DeLorean Motor Cars of America (distributor in the U.S.) and DeLorean Research Partnership (a research and development company). In January 1982, due to United States Securities and Exchange Commission questions about the company's viability, the company was forced to cancel the stock issue for the holding company that DeLorean had hoped would raise about $27 million.John DeLorean then lobbied the British government for aid, but was refused unless he was able to find a matching amount from other investors. What followed is a matter of debate between the British government, the US Federal Bureau of Investigation, the Drug Enforcement Administration, DeLorean, his investors, and the US court system. At some point in 1982, John DeLorean became the target of an FBI sting operation designed to arrest drug traffickers. He was arrested in October 1982 and charged with conspiring to smuggle $24 million worth of cocaine into the US. The key element of evidence for the prosecution was a videotape showing DeLorean discussing the drugs deal with undercover FBI agents Benedict (Ben) Tisa and West, although DeLorean's attorney Howard Weitzman successfully demonstrated to the court that he was coerced into participation in the deal by the agents who initially approached him as legitimate investors. He was acquitted of all charges, but his reputation was forever tarnished. After his trial and subsequent acquittal, DeLorean quipped, "Would you buy a used car from me?"In the end, sufficient funds could not be raised to keep the company alive. DMC went bankrupt in 1982, taking with it 2,500 jobs and over $100 million in investments. The British government attempted to revive some usable remnants of the manufacturing facility without success, and the Dunmurry factory was closed. DeLorean himself retired in New Jersey, and the dream with which he had mesmerized Britain's Labour government, of industry rising out of the ashes of Northern Ireland's sectarian conflict, was shattered. He claimed that the DMCL was deliberately closed for political reasons, and at the time of closing was a solidly viable company with millions of dollars in the bank and two years of dealer orders on the books.Approximately 9,000 cars were made between January 1981 and December 1982, although actual production figures are unclear and estimates differ. Some of the cars manufactured in 1982, but not shipped to the states (as the US arm of DMC had no money to 'buy' the cars from the factory in Northern Ireland), with 15XXX and 16XXX Vehicle Identification Numbers are actually 1982 models that were given later VINs, dated 1983, by Consolidated International (now known as Big Lots), a company that had a buyback program with DMC and had bought out the remaining usold cars and also the inventory of unused parts left in the factory after the bankruptcy.

Is there any similarity  with the secret deals that appear to be made with the Welsh Assembly government  and Austin Martin?

Probably not. But we surely should be cautious.

After “completing a turnaround for the once perennially loss-making company that could now be valued at up to 5 billion pounds ($6.4 billion),” (Reuters ^8]) and on the back of a 2017 full-year a pre-tax profit of £87m (compared with a £163m loss in 2016) Aston Martin in August 2018 announced plans to float the company at the London Stock Exchange as Aston Martin Lagonda Global Holdings plc The company went public at the London Stock Exchange on October 3, 2018.

According to the BBC's Felicity Evans, BBC Wales political editor

It is a company with a colourful history, but it's now being described as "the world's fastest growing" car brand.

We do know that if Austin Martin gp tits up  Welsh taxpayers will cover the rent of a hangar leased to Aston Martin should the firm leave the site in a 30-year deal.

According to the BBC

The details of the guarantee forged by the Welsh Government have emerged following questions asked by Plaid Cymru leader Adam Price.
But it has not been revealed how much the deal could ultimately cost.
Mr Price said the public have a right to know "whether this is a proper use of public funds".
The Welsh Government did not respond to BBC Wales questions about the deal.
It referred to an earlier statement, saying: "While we strive to be as open as possible we would always seek the permission of any company we deal with before releasing commercially sensitive information to the media.
The Aston Martin plant at St Athan, where the DBX is planned to be made, is forecast to create 750 jobs.

Welsh Government permanent secretary Shan Morgan declined to give further details on Monday when Mr Price asked at Public Accounts Committee about the value of the liability the Welsh Government faced.
The senior civil servant cited commercial confidentiality, and declined to answer whether the Welsh Government had entered into other arrangements of a similar nature. Mr Price later said on Twitter that her answers were "deeply disappointing".
According to details given in response to a question from Adam Price, the economy secretary Ken Skates confirmed the existence of a "guarantee fee arrangement" between Welsh Government and Aston Martin.
"The guarantee relates to the payment of rent over a 30 year term from 2016 for the Superhangar at St Athan," Mr Skates said.
"I.e. should Aston Martin Lagonda cease to operate from St Athan, the Welsh Government would become liable for the rental payment to Legal and General Pensions Ltd."
He said the rental payment would "cease once an alternative building occupier is in place".

 It was interesting  that it was originally the Westminster Government that seemed to take crerdit for Austin Martin move to St Athan's

According to the  Wasting Mule (23 July 2015)

 Prime Minister David Cameron will today come to Wales and say there is “real potential” for the Ministry of Defence to give up land at St Athan so the new Aston Martin SUV can be made in the UK.
The Conservative leader will also announce a £390m contract with Oakdale-based General Dynamics to support armoured fighting vehicles, which will bring 250 jobs to South Wales.
Mr Cameron’s push for St Athan, in the Vale of Glamorgan, to become a centre for Aston Martin production comes a half-decade after plans were shelved for a £14bn Defence Technical College at the site.

Westminster via Welsh Secretary Alun Cairns does not seem to be so keen to claim credit for the Austin Martin move lately. Odd that he is also MP for the Vale of Glamorgan , it a year since he joined the Ministry of Defence to Aston Martin by Secretary of State Sir Michael Fallon at a ceremony including Aston Martin President and CEO Dr. Andy Palmer, and Secretary of State for Wales, Alun Cairns and Welsh First Minister, Carwyn Jones. With the commencement of these works, Aston Martin St Athan is on target to commence production of the company’s new SUV, the Aston Martin DBX, in 2019.

Can it be that Westminster is making sure that in the event of the Austin Martin St Fagan's  project fails it will be the Welsh Government who get all the blame and the Welsh Tax Payer who takes the hit.

My comparison with the DeLoreon project may not hold water, but to ensure there is none , should we not be given all of the details.