Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
FDA Approves Mitapivat for Anemia in Thalassemia Patients 
South Korea Central Bank Warns of Rising Financial Stability Risks Amid Won Volatility 
Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
Oil Prices Edge Higher as Strong U.S. Growth and Supply Risks Support Market 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
Hyundai Motor is teaming up with renowned Italian auto designer Giorgetto Giugiaro to rebuild the Pony Coupe concept car that was first introduced in 1974. The South Korean automaker will be recreating the vehicle with its original designer, and it will be unveiled in the coming springtime.
Hyundai Motor said on Thursday, Nov. 24, during a design conference in Yongin, Gyeonggi Province, that it will work again with Giugiaro, who designed the vehicle in 1974.
The Pony Coupe concept boasts of pure and timeless design that has become an icon for the company since it was first introduced at the Turin Motor Show 48 years ago. The car’s highlight is its geometric lines that bring out an exclusive visual impact.
The car maintained its icon status at Hyundai not only because of its unique presence but because it was the model that launched the brand onto the global stage. It was also credited as the model that kick-started the car industry in South Korea. More than four decades after, Hyundai Motor is now one of the most recognizable vehicle brands worldwide.
The Korea Herald mentioned that the concept car was ready for mass production after its first appearance in 1974, but Hyundai could not proceed at that time because of the economic situation. Now, after almost 50 years, Hyundai Motor got in touch with Giugiaro again for the company’s recreation project of the original Pony Coupe.
Giugiaro is in S. Korea to start the project with resident Hyundai Motor designers. He will work with them to bring back the car based on the company’s vision of shaping the future with legacy.
"I designed the Hyundai Pony when I was still a young designer at the start of my career,” the legendary auto designer said. “I felt very proud that I was in charge of creating a production vehicle for a country that was about to face a fiercely competitive market."
In a separate statement, Giugiaro said that he would design the Pony Coupe with passion like he did in 1974. He is also grateful for this chance to rebuild it with modern features this time.
"We are absolutely thrilled to welcome Giorgetto and Fabrizio to Seoul for this rare occasion and we look forward to collaborating with them and GFG Style on this extraordinary design project," Hyundai Motor Group’s chief creative officer, Luc Donckerwolke, said in a press release. "Not only does this project hold historical value, but it also represents a cross-cultural exchange that could pave the way for more collaborations down the road."
