The September 1981 issue of Motor Magazine carried a review of the new car which was subsequently used for advertising: “100 mph, 41.2 mpg, 0-60 in 9.9 secs, & it will never rust.” In adverts the company claimed the Midas Gold was “Britain’s economy superstar” with a lifetime no-rust warranty, and readers were urged to address enquiries to Harold Dermott himself at the Corby works.

A restyle was also made at the same time, again by Richard Oakes, involving wider wings, a "frogeye" front and larger windows.

A convertible version appeared in 1989 and featured on the front cover of Car magazine,[2] but all production stopped in March 1989 when the premises were destroyed by fire.

A new company, Alternative Cars Ltd was set up in 2003 and in 2004 restarted production of kit form versions of the Gold Convertible, Cortez and Excelsior based in a small workshop unit at Clanfield, Oxfordshire.

[3] In 2007 the Midas Owners Club rediscovered the Gold coupe moulds in Germany and bought them and were imported back to England.