• Mar 9th 2011 at 9:27AM
  • 19
2010 Saleen S281 – Click above for high-res image gallery

Revstone Industries, the parent company of Saleen Performance Vehicles, announced today that it will no longer produce vehicles under the Saleen name, although it will continue to produce aftermarket parts through the Saleen Speedlab brand and honor warranties for all existing vehicles. The company cited the confusion and controversy with Steve Saleen's company, SMS Supercars, as the main reason for stopping production of Saleen-branded vehicles.

In a letter to their customers and dealers, SPV said the following:

Over the past several years, we have witnessed a lot of confusion around the Saleen brand, due to a number of financial ups and downs and accompanying changes in ownership. The name itself has become the center of countless conversations and debates, detracting from the cars themselves, and from the culture of performance that they both embody and serve.

The statement continues...

Through our conversations with Ford Motor Company and one another, we have come to feel that those things have become overshadowed by questions surrounding the name. So we want to wipe the slate clean, and usher in a new era of American Muscle. We are confident that, in time, you will agree this was the right decision.

A representative for Saleen said that Revstone will continue to build performance Mustangs in the future, but the brand under which those vehicles will be produced is yet to be determined and will be announced at a later date.

Photos copyright ©2011 Drew Phillips / AOL

[Source: Saleen Performance Vehicles]

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    • 1 Second Ago
      • 4 Years Ago
      Happens all the time in the Performance Industry. The last one like this was when Art Car sold his well established "Art Car Transmission" and within months started up "Art Carr Transmission Co."

      Do yourself a favor and never buy a performance brand...LOL
        • 4 Years Ago
        Haha that is ridiculous! If his second business venture failed, it was rightly so!
      • 4 Years Ago
      I always remember the 1993 Saleen brochure I had on my wall, it had the black spyder on it. That was a good looking car. RIP.
      • 4 Years Ago
      I wondered why they moved buildings... it looks like they aren't doing so hot.
      • 4 Years Ago
      I can't really say I'm surprised. Saleen (the company) just hasn't been the same since Saleen (the man) left. According to Jalopnik, they're going to stop building the S302 some time during Q3 2011.
      • 4 Years Ago
      I read when he left that he wanted to start working on camaros and challengers due to their rising popularity but that saleen had a contract with ford so he left and started sms
      • 4 Years Ago
      We got off the freeway on PCH in Dana Point last May and Steve drove right up along side us in one of his Challengers. I recognized him right away. That was pretty cool. We don't live in the area so it was really a neat coincidence.
      • 4 Years Ago
      • 4 Years Ago
      Didn't Steve Saleen quit to try to sell Chinese cars here like Bricklin did with Japanese cars? IIRC reading that he got burned by a Chinese car company
      • 4 Years Ago
      I prefer a stock Shelby anyway.
      • 4 Years Ago
      As a former owner of a Saleen, I have to say that I'm not sad about this. Their styling was superb, but their fit and finish were horrendous. Body shops made lots of money by repainting and reattaching Saleen body kits. My rear spoiler came off after 6 months of ownership and the small print explicitly stated the add-on body parts were not covered under warranty
      • 4 Years Ago
      Probably a good idea. I never quite understood why Steve Saleen would sell his company, then immediately start up a new one. He probably made out well financially in the deal, but then the Revstone was left with a confusing branding problem.
        • 4 Years Ago
        Depending on who you ask, he was either forced out or left voluntarily. I believe the press releases at the time said that he left of his own accord, but the fact that he started SMS Supercars would seem to contradict that.
        • 4 Years Ago
        Idea makes business sense. Ford is cranking out cars at a better price and performance than the tuners, almost making the tuners obsolete in developing their own models.

        Just like Shelby, as he said, they make more in parts than cars... keeps the R&D down. And Shelby is going that route too and just letting Ford built the cars and slap a Shelby name to it.

        The loser here is Steve Saleen. SMS is still an unproven brand considering he's producing SMS Challengers and Camaros: it tainted the "Steve Saleen Mustang supercar builder" ethos. He can still be Ford premium tuner R&D shop, but Ford's got Steeda, LMS, Saleen (Co.), Roush, and a slew of other firms to choose from. Sad, cause he made the best all around tuners out there.
      • 4 Years Ago
      and while you're at it fire the guy who draws the body customizations/kits for you
        • 4 Years Ago

        That is one of the nicest looking body kits available a 2010+ Mustang.

        I might paint it a little differently with some contrasting color details, but the front end is clean, and the back end is still VERY bulky, but somehow not as bad as the stock Mustang tail treatment. The side skirts are slightly busy, but not bad.

        I hope they keep selling that as an aftermarket add-on. I'll bet it would look amazing in Kona Blue.
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