Saleen Automotive up for sale
#1
Saleen Automotive up for sale
Saleen is much more than just hot-rodded Mustangs and S7 supercars, and now, it's also for sale. Founder Steve Saleen departed in 2007, deciding that it might be more interesting to try and import a Chinese pickup truck for Chamco, and starting up a new performance company, SMS. Saleen's eponymous company does work for automakers; the company built the Ford GT and Dodge's Viper gets its paint and some subassembly work at Saleen, too. Saleen's board has hired an advisor to investigate what level of interest there might be from potential buyers. Recent economic developments aren't going to make it an easy sale, but Saleen would like to sell itself by early 2009.
#10
Steve is a good guy. He got a bit crazy when he signed that big lease in the Irvine Spectrum, however, and it cost him. The only 2 S7s that I have seen on the street were both his - a red and orange model. Amazing car in person though.
Last edited by Barrister; 11-16-2008 at 08:05 PM.