21 Articles
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40Saleen says it's out of money, owes millions

Saleen Automotive is best known for building hot numbers including countless tuned Ford Mustang muscle cars, and more recently, for offering a custom version of the Tesla Model S. Unfortunately, the company needs a huge infusion of cash even faster than its cars if it wants to stay on the road beyond the end of the year. In a new Securities and Exchange Commission filing, Saleen admits that its financial situation is dire, and it has just $7,261 in cash sitting in the bank as of September 30.

7Saleen announces 'Electric Car Project' with very little detail

Saleen may not be the first company you think of when it comes to electric cars. Tire-smoking modified muscle cars, sure, but not so much with the electric cars. That could, however, be about to change.

19Saleen SA-30 Mustang, Camaro and Challenger help celebrate the big 3-0

After 30 years of tuning performance cars and building racecars, Saleen is celebrating its racing heritage with a limited-production car line called SA-30. Based on the Ford Mustang, Chevrolet Camaro and Dodge Challenger, Saleen will only build 10 of each SA-30 model at a base price of $95,000.

33Saleen 351 announced with 700 HP

With Steve Saleen back at the helm of his namesake automaker, another recognizable name is reappearing in the Saleen sports car lineup. As previewed by the above rendering at the LA Auto Show, the Saleen 351 returns after a 13-year absence with 700 horsepower under the hood – take that Shelby GT500.

21Saleen still keen to resurrect S5S supercar

There are many names you could associate with Mustang tuning, but few are as iconic as Steve Saleen. The American tuner extraordinaire made a name for himself tweaking the Ford muscle coupe under the Saleen brand until he left his own company to start SMS Supercars. But now that the two have been reunited, word has it that Saleen is moving ahead with plans to produce a new mid-engine exotic to follow in the footsteps of the famed S7.

39Steve Saleen reacquires Saleen name and brand

Steve Saleen is back to feeling himself again. That's because he's once again at the helm of the the marque that bears his name. As you may recall, the racer and performance part guru walked away from the Saleen brand empire he nurtured for 23 years back in 2007. The Saleen brand was then sold to MJ Acquisitions, along with the right to produce S Line and Racecraft Ford Mustang models. Saleen himself, meanwhile, went on to create SMS Supercars, which produced notable creations like the SMS 570 D

9SMS Supercars unveils 620 Camaro, auctions first example for charity at Barrett-Jackson

When Steve Saleen launched his new company, SMS Supercars, back in 2008, he announced that he would be expanding his portfolio of vehicles to include the muscle car offerings from Chevrolet and Dodge. First up was the 570 and 570X Challenger, followed soon after by the 302 Mustang.

12Auction Action: Steve Saleen's pre-pro Ford GT up for grabs in Monterey

Steve Saleen's Ford GT Prototype – Click above for image gallery

26Pics Aplenty: 2010 SMS Supercars 460 Mustang

2010 SMS 460 Mustang – Click above for high-res image gallery

23SMS Supercars pulls the wraps off 2011 302 Mustang

2011 SMS 302 Mustang - Click above for high-res image gallery

14SMS Supercars shows off first photos of its new 620 Camaro

2010 SMS 620 Camaro - Click above for high-res image

38First Drive: SMS 570X makes 700 hp, gobs more joy

SMS 570X – Click above for high-res image gallery

26eBay Find of the Day: Chevrolet C5 Corvette-based Saleen S7 replica roadster

C5 Corvette based Saleen S7 replica - click above image for hi-res gallery

12What's In a Name? SMS Supercars files suit against MJ Acquisitions for use of Saleen name

The drama that is Saleen entered a new chapter yesterday with the announcement that Steve Saleen's new company, SMS Supercars, has filed a lawsuit against MJ Acquisitions, which purchased assets from Saleen, Inc. including the right to produce the 'S' line and Racecraft Mustangs, as well as the Speedlab aftermarket division. Steve Saleen, who left Saleen, Inc. in the summer of 2007, claims the lawsuit was filed to "continue to protect the name, reputation, and brand value of Steve Saleen, and to

19SMS Supercars previews 460 and 460X Mustangs

2010 SMS 460 Mustang – Click above to enlarge

10New York: Steve Saleen's SMS 570X ups the ante with 700 supercharged horses

SMS 570X debut - Click above for a high-res gallery

16Steve Saleen steps in to honor warranties from his former company

Just like the majority of the automotive industry, recent news about Saleen hasn't been great. After going broke and selling most of their assets, Saleen Inc. announced that they were ceasing operations and would not be honoring existing warranties on cars and parts. To make things worse, the new owner of the Saleen car and aftermarket lines, MJ Acquisitions, Inc., refused to take the responsibility as well, only honoring warranties on parts purchased after February 2, 2009. It appeared that Sal

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