The future is now and it looks inviting thanks to the DeLorean Motor Company's announcement that it will bring back the legendary DMC-12.

According to The Independent, the DMC-12 will return in production after being absent for 34 years, but fans may be disappointed because it does not come with a flux capacitor.

During its original run, the DeLorean managed to sell 9,000 units of the DMC-12 and has now become a collector's item among car enthusiasts and fans of the "Back to The Future" movies.

The company's website announced that due to last month's change in federal highway safety regulations, many small companies have now started to create replicas of the car in small quantities. The DeLorean Motor Company said that it plans to release its first batch of the DMC-12s in 2017.

This change in safety laws comes as a good news to the company, which for many years, was legally unable to produce cars. Company CEO Stephen Wynne said that the news will be a huge game-changer for the company, as it has been their wish for a very long time.

Wynne added that when DeLorean's production starts, it intends to create at least four units of the DMC-12 per month, the Chicago Tribune reported.

Up until the announcement, the company can only sell used and refurbished units of the DMC-12.

The 2017 DeLorean DMC-12 is rumored to feature a brand new engine, but apart from that, it will essentially remain the same as the original sports car.

As reported by Oregon Live, the company has yet to say whether the new DMC-12 will feature new tech because there seems to be a divide among fans of the classic car.

According to Toby Peterson, owner of the DeLorean Motor Company Northwest, there are some that thinks there is nothing wrong with the original DMC-12. On the other hand, there are those who think that new reproductions will increase the value of the original.

He went on to compare it with classic paintings and said, "If you have an original van Gogh and a fake van Gogh, even if the fake is done really well, it's not an original." He added, "The cars are still definitely cool, but there are some things about them that could definitely use some refreshing."

Refurbished units of the car costs around $45,000 to $55,000, while the official replica will clock in at a price of $100,000 once it goes on sale in 2017.