The concept was among five designs Giugiaro came up with for Hyundai in the early 1970s as part of a government challenge to develop South Korea's first car in time for launch by 1975 . The challenge would eventually be met by theA production version of the Pony Coupe Concept was due to follow but the project came to a stop in 1981 due to an economic downturn. The car's wedge-shape would live on in another Giugiaro design: the DeLorean DMC 12 that debuted in 1983.
Despite its significance, the Pony Coupe Concept no longer exists. Hyundai hasn't said what actually happened to it, but now the automaker wants to build a new one as we approach the 50th anniversary of the concept's unveiling at the 1974 Turin auto show.Hyundai made the announcement last week in Seoul at a meeting of designers, which included Giugiaro and his son Fabrizio.
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