Category Archives: Automotive News

GAS2: TESLA REMOVES PERFORMANCE-LIMITING SOFTWARE

By: NICOLAS ZART on January 20, 2017 Original Article: GAS2.ORG; Feature Photo: Arthur St. Antoine Tesla Removes Performance-Limiting Software From Model S & Model X Tesla is removing performance-limiting software from its Model S and Model X. You didn’t know about the software at all? If not, you’re not the only one, but I’ll update … Continue reading GAS2: TESLA REMOVES PERFORMANCE-LIMITING SOFTWARE

SHORTED SHARES DECREASED BY 73.23%

SALEEN AUTOMOTIVE INCORPORATED (OTCMKTS:SLNN) Sellers Covered 73.23% of Their Shorts By: Vivian Park The stock of SALEEN AUTOMOTIVE INCORPORATED (OTCMKTS:SLNN) registered a decrease of 73.23% in short interest. SLNN’s total short interest was 20,000 shares in July as published by FINRA. Its down 73.23% from 74,700 shares, reported previously. The stock closed at $0.0002 during … Continue reading SHORTED SHARES DECREASED BY 73.23%

SEMA 2015: SALEEN GTX ELECTRIC CAR

By: TREVOR FREEMAN on May 26, 2016 Original Article: GENERATIONHIGHOUTPUT.COM How do you tune an electric car? The American car manufacturer Saleen has found a way. Based in Corona, California, Saleen is most famous for their performance-upgraded Mustangs and Camaros. The decision to give the “Saleen treatment” to an all-electric car is certainly an interesting … Continue reading SEMA 2015: SALEEN GTX ELECTRIC CAR

INVEST $1M IN SALEEN AND GET A MUSTANG IN YOUR DRIVEWAY

BY: RICHARD MORGAN on November 9, 2015 at 11:53 pm Original Article: NEW YORK POST Not every debt-for-equity deal puts a souped-up Mustang in its investors’ driveways, but then not every company has Steve Saleen’s product line. Saleen, the founder of Saleen Automotive, recently negotiated a capital infusion of up to $10 million that will … Continue reading INVEST $1M IN SALEEN AND GET A MUSTANG IN YOUR DRIVEWAY

SALEEN AUTOMOTIVE: THE CHINA CONNECTION

Steve Saleen is not moving operations to China! Saleens made in Corona, California, USA are going to China! A little internet research revealed the link from Saleen Automotive in Corona, California to Shanghai, China goes through Saleen Motors International (SMI) and GreenTech Automotive Sales (China). WM Industries Corporation (WMIC) is a U.S.-based automotive manufacturer with four wholly … Continue reading SALEEN AUTOMOTIVE: THE CHINA CONNECTION

QEK GLOBAL SOLUTIONS, INC. HAS CHANGED ITS NAME TO PENSKE VEHICLE SERVICES, INC.

Effective December 1, 2014, QEK Global Solutions, Inc. is now Penske Vehicle Services, Inc. The Penske name has significant brand-value and is held in high regard in the automotive space. It is our belief that the business will benefit greatly by being closely and directly associated with the Penske brand. We invite you to tour … Continue reading QEK GLOBAL SOLUTIONS, INC. HAS CHANGED ITS NAME TO PENSKE VEHICLE SERVICES, INC.

TONY JOHNSON, BACKER OF SALEEN AND MAJOR SUPPLIERS, DIES AT 74

By: HANNAH LUTZ on November 26, 2014 Original Article: AUTOMOTIVE NEWS Tony Johnson, co-founder of Hidden Creek Industries, a private company that acquired, sold and backed some of the auto industry’s biggest suppliers and boutique car builders, died Nov. 16. He was 74. Hidden Creek Industries, based in Minneapolis, became a powerhouse in the automotive … Continue reading TONY JOHNSON, BACKER OF SALEEN AND MAJOR SUPPLIERS, DIES AT 74

PENSKE VEHICLE SERVICES ACQUIRES ALTERNATIVE AUTOMOTIVE TECHNOLOGIES

WARREN, MI July 1, 2014 – Penske Vehicle Services Inc. (formerly QEK Global Solutions, Inc.), a global fleet solutions provider, announced today that it has acquired Alternative Automotive Technologies located in Troy, Michigan. Alternative Automotive Technologies supports the automotive OEM engineering and marketing communities by completing prototype builds, early production builds, high-bake paint and standard … Continue reading PENSKE VEHICLE SERVICES ACQUIRES ALTERNATIVE AUTOMOTIVE TECHNOLOGIES

SALEEN TESLA MODEL S REVEALED AT TRACK TEST & TUNE SESSION

By: NICOLAS ZART on June 24, 2014 Original Article: TESLARATI.COM Yes, Saleen is working on a Model S but no one knows much more than that, until now. Teslarati had the good fortune to be invited to Saleen’s Tesla Model S track test and tune session with Steve Saleen himself. What we saw went far … Continue reading SALEEN TESLA MODEL S REVEALED AT TRACK TEST & TUNE SESSION