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eBay 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

What'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, Drew Phillips

Steve 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,

BREAKING: Saleen, Inc. sells off most of its assets

Rumors have been swirling this past week about the potential sale of Saleen, Inc., just a few months after the company announced it would explore the sale of its operations. LA-based Hancock Park Associates, which purchased a majority of the business from Steve Saleen just a few years ago, had been recently running the company with just a few dozen employees to keep the business going until it could find a buyer. Th

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