The DeLorean Motor Company has announced the return of the iconic DeLorean DMC-12. The car made popular by the Back to the Future movie franchise is scheduled to roll out in 2017.

DeLorean is now accepting pre-orders for the classic car. Reservations can be made on their website. Those interested must first register by filling out a form available in the website. The company will then send a Pre-Order Application and Additional information package through mail. CNET reports that pre-orders are non-binding so buyers can cancel anytime.

The new DeLoreans will use original parts that were acquired by the owners of the new version of the company. These parts are in short reserve which is why DMC Texas will only accept orders for 300 new units. The company plans on building one car per month.

The Low Volume Vehicle Manufacturers Act of 2015 allows small car manufacturers to build a limited batch of vehicles. Because of this act, automakers are no longer required to have the cars undergo crash tests and may even skip some federal regulations. This is the prime reason why DMC is finally able to manufacture cars.

Before the announcement, the DMC Texas company mainly engaged in repair and restoration of the DMC-12.

The new Delorean Motor Company is based in Texas and is not associated with the original company. The new DMC Texas is owned by Stephen Wynne.

The original DeLorean Motor Company or DMC was founded in 1975 by the late John DeLorean. It was based in Northern Ireland. The DMC-12 was the company's first car and was released in 1981. A year later, the company folded and filed for bankruptcy. Years later, the DMC-12 would resurface in the movie Back to the Future. Since then, the car has become a cult classic. Surviving DeLoreans, estimated to be around 6,500, have been restored and fetches a good price in the market today.