A Hyundai spokesperson from the U.S. has put the final nail in the coffin of the rumor that the automaker is working to put a production version of the N Vision 74 into production under the name “Pony Coupe.”

“We are aware of media speculations on the potential commercial production of the N Vision 74 rolling lab development model,” Hyundai spokesperson Derek Joyce told Carscoops after talking to the company’s Korean brass. “However, we currently have no plan to put the model into commercial production.”

Hyundai was forced to deny the rumor following a report from Korean outlet, Money Today. Earlier this week, the outlet claimed that the brand was preparing to host something called “Pony Day” at its design studio in Seoul on May 27.

At that event, the automaker was supposed to reveal that it was preparing to put a production version of the N Vision 74 into production. It would bear the Pony Coupe name, because its design was inspired by an earlier concept car that bore the same name.

Read: Hyundai is Rebuilding The 1974 Pony Coupe Concept With Giugiaro

 Hyundai’s Definitive Denial: N Vision 74-Inspired Pony Coupe Rumors Crushed

The outlet was incorrect, Joyce has confirmed. His comments follow a similar denial reported by Korea’s Wikitree, which quoted the automaker as saying that, “there is no plan to mass-produce the Pony Coupe, and there is no Pony Day event planned.”

There’s A Pony Coupe Concept Coming, But It’s A Recreation

However, what is coming soon is a recreation of the original Pony Coupe. The inspiration for the N Vision 74, the concept car was shown off at the Turin Motor Show in 1974 as a two-door version of the Pony, Hyundai’s new family sedan, at the time.

Both the four- and the two-door versions were drawn by famed designer Giorgetto Giugiaro. For the recreation of the original car, Hyundai has partnered with GFG Style, the design company founded by Giorgetto and his son Fabrizio Giugiaro.

When it announced the project, Hyundai said that the recreated classic concept would be revealed in the spring of this year. Unfortunately, the car is intended only as a trip down memory lane for the brand, and it will not spawn a new model either.

“While the heritage and spirit of Pony models have a lasting impact on the Hyundai Motor Company, we currently have no plan for a commercial production of the Pony Coupe Concept,” said Joyce.

 Hyundai’s Definitive Denial: N Vision 74-Inspired Pony Coupe Rumors Crushed