All posts by Jim Dvorak

Managing Director of SOEC since 2005. Veteran of the Southern California automotive scene. Involvement with Saleen dates back to the mid 1990s.

Konrad Motorsports Saleen S7R Looking for Score at RFK Stadium

WASHINGTON, D.C., July 19, 2002 — After two heart-breaking race weekends at Mid-Ohio and Road America, Konrad Motorsports is still looking for its first victory of the 2002 American Le Mans Series (ALMS) season at this weekend’s Cadillac Grand Prix of Washington, D.C.

After breaking a half Shaft while racing nose-to-tail with the two factory Corvettes at Mid-Ohio, Terry Borcheller, the 2001 ALMS GTS Drivers’ Champion, was leading both Chevrolets at Road America in the #26 Konrad Motorsports Saleen S7R when his engine expired. He did manage to salvage fastest lap at Mid-Ohio. But he and team owner, Franz Konrad, are looking for a little of Lady Luck Sunday in the 2-hour, 45-minute race on a 1.9-mile, 10 turn temporary racing circuit constructed in the parking lot of RFK Stadium. The race will be televised live nationally on NBC beginning at 1 p.m. (EDT)

Besides Lady Luck, Saleen would also like the ACO restrictions of 10% air reduction and 50 kilos of weight decreased but that likely won’t happen until late August when the 12th Saleen S7 road car is due for completion. Then, hopefully, the Saleen S7Rs will return the their 2001 form when they were recognized as the fastest guns in the west. The first Saleen S7 road car was delivered on June 6th to Jerry and Kathy Ritzow of Milwaukee, Wisc., who had the opportunity to witness Borcheller’s short-lived lead at Road America.

Elsewhere in the unrestricted race world, Saleen S7Rs are piling up victories in a mode similar to last year’s inaugural season when four S7Rs set 27 poles and fastest laps, won 19 out of 32 races and four GTS Drivers Championships in four different series. Racing again in four different series, Graham Nash Motorsports currently leads the British GT and Spanish GT Championships with three Saleen S7Rs, while Park Place Racing is out in front in the Grand-Am Rolex Cup for the second straight year.

In addition, Ford Motor Company announced earlier this week that Saleen would manufacture the production version of the Ford GT40 concept car — the supercar that dominated Ferrari and Porsche at the 24 Hours of Le Mans from 1966 through 1969.

IRVINE, CALIF., SPECIALTY CARMAKER TO HELP REVIVE FORD’S GT

By: HOLLY WRAY on July 18, 2002
Original Article: ORANGE COUNTY REGISTER, THE (SANTA ANA, CA)

Jul. 18–Specialty auto manufacturer Saleen Inc. is announcing today that it will work with Ford Motor Co. and three other auto suppliers to produce a new version of the Ford GT in a revival of a late-1960s muscle car.

Company owner Steve Saleen said he signed on to the project in February, when the first feasibility studies were conducted. Irvine-based Saleen will serve as the operator of the assembly plant, though Steve Saleen said it has not been decided where the work force will come from to build the car.

Other details yet to be announced include price, name of the car, production capacity and vehicle specifications. The development team is working out of Dearborn, Mich., but the site of production has not been decided.

A “dream team” of car enthusiasts and experts — including engineer Neil Hannemann, who took a sabbatical from Saleen to join the project — will spearhead development.

“In order to meet our needs, we had to quickly cut through a lot of the red tape that typical programs have to deal with,” said John Coletti, director of the development team. “The leadership knows what it takes to do a car like this, and we know the right people, who, in turn, know their stuff. We went out and signed them up.”

Saleen has been customizing its own version of the Ford Mustang — stock Mustangs with Saleen parts and accessories — and selling them through Ford dealers for almost 20 years.

A few weeks ago, Saleen delivered its first S7, a Saleen-designed and -manufactured race-type car for street driving, to owners in Wisconsin. Saleen also manufactures racing versions of the Mustang and S7, which compete in the United States and overseas.

Like Saleen’s S7, the production version of the Ford GT is a racer in street clothes. However, Saleen said, the features and price tag of the new model will not be as “extreme” as the $395,000 S7.

STEVE SALEEN
Title: Owner of Saleen Inc.
Age: 53
Residence: Orange County, near Saleen headquarters in Irvine
Education: Business degree from University of Southern California, 1971
Experience: Racing in the early 1970s led to building the first Saleen Mustang and establishing Saleen Autosport in 1984. Saleen’s company has built almost 10,000 Mustangs since and unveiled the S7 in August 2000.
Family: Wife, Liz, and three children, Molly, Clint and Sean.

A LEGEND RETURNS:

Saleen Will Assist with the Ford GT Production

IRVINE, Calif., July 17, 2002 — Saleen, Inc. is immensely pleased and proud to have been selected by Ford as one of the key suppliers to the re-creation of one of the great cars of all time, the production version of the GT40 concept vehicle.

“To have been chosen by Ford as one of four core suppliers to the GT project is a reflection of Ford’s confidence in our niche manufacturing capabilities,” says Saleen, Inc. president, Steve Saleen.

During the past 19 years, Saleen has repeatedly demonstrated its ability to design, engineer, manufacture and market high-performance specialty vehicles working closely with Tier 1 suppliers around the world.

“Our expertise has been primarily focused on high performance,” Saleen continued, “but it’s been diverse as far as the types of vehicles we have produced— everything from Mustang to Explorers to our new S7 supercar.”

Chris Theodore, Ford’s vice president of product development, handpicked the members of the GT Dream Team, including Saleen’s chief engineer Neil Hannermann. “When the Ford GT arrives on the scene, it will set a new standard for supercars,” says Theodore. “And it will teach us valuable lessons about the power of small, nimble product teams.”

The Ford GT project is built for speed—on the road and in the system. The project serves as a lightning rod for consumer excitement and a catalyst for change within the Ford system.

To build the low-volume super, Theodore assembled a team of performance engineering experts, such as Saleen, with the skills to deliver and the knowledge to get things done within Ford while operating outside the established system.

Many of the assembly processes already employed by Saleen to manufacture its Mustangs and S7s will be used for the paint and vehicle assembly responsibilities Saleen will assume for the new Ford GT. The assembly area is where all the various component parts are brought together by certified technicians to create the finished cars.

Saleen brings to the GT project nearly two decades as a high-performance vehicle manufacturer. Based in the creative epicenter and performance capital of the automotive world—Southern California—Saleen has developed a reputation for building enthusiast vehicles and parts that surpass the performance of some of the most expensive and exclusive vehicles in the world. Since its inception in 1984, Saleen has led specialty vehicle manufactures in innovation and quality. Saleen vehicles and parts are built under the same strict governmental guidelines and certification as those of large automotive companies—ensuring safety and emissions compliance as well as quality. As certified with the U.S. Government. Saleen vehicles meet or exceed all applicable EPA/CARB and NHTSA-FMVSS requirements.

Saleen Mustangs are sold only through Saleen-certified Ford dealers and they come with a bumper-to-bumper Saleen warranty. Saleen also has factory pricing and financing.

Steve Saleen began his company with a vision of the perfect performance vehicle that would be appreciated by anyone. Since its inception, Saleen has produced nearly 9,000 vehicles, more than any other specialty manufacturer.

Today Saleen is housed in a 150,000 square foot building in Irvine, Calif. just down the road from Ford’s headquarters for the Premier Auto Group (PAG). The new office space houses the design, engineering and assembly operations, as well as the corporate offices, customer service center and the parts distribution facility. A seven-time Manufactures’ Champion in GT sports car racing, Saleen’s line of products and services includes Saleen/Allen Speedlab, Saleen Performance Parts, Saleen Composites and Coatings and Saleen Engineering and Certification Service.

From the very beginning, racing has been an important component of the Saleen DNA. “The knowledge we gain from motorsports feeds right back into our performance road cars.” says founder Steve Saleen. “Our customers love performance. Our powerful specialty vehicles are a direct translation of superior racing technology adapted to street use.”

For some manufacturers the terms niche manufacturing and mass customization—creating customized products in an efficient mass-production manner—are new. But they aren’t new to Saleen. The company has been employing these concepts from the very beginning. Unlike so-called “tuners.” Saleen’s team follows the same procedures as mega-manufacturers to certify vehicles in compliance with Federal and State regulations.

Saleen’s latest achievement in crafting niche market vehicles involves the use of best practices components along with specifically-engineered ultra-high performance parts to create the S7. Using its expertise in mass-customization, along with outsourced parts and services as needed, Saleen created the S7 for the exotic vehicle market in less than 18 months. And it is expertise such as this that will allow Ford to achieve its goal of debuting the new GT.

The supercar joins Thunderbird, Mustang and the Forty-Nine concept as part of Ford’s “Living Legends” lineup.

Production capacity, manufacturing location, vehicle specifications, performance numbers, pricing and the name of the production vehicle will be revealed at a later date.

STREET SALEENS ON TRACK

By: N.A. on April 1, 2002
Original Article: AUTOWEEK, VOL. 52, ISSUE 14

Saleen says it will have no trouble producing 12 road-going (as opposed to racetrack-going) S7s required by the Automobile Club de l’Ouest for homologation in time to race without weight and intake penalties May 19 at Sears Point.

Saleen says it has 16 S7s in existence now, all of which could be converted to “road cars” to meet ACO rules requiring manufacturers to produce at least 12 road cars to qualify for Le Mans. Because ALMS uses the same rules as ACO, S7Rs in the Sebring ALMS race ran with 70 kilograms (154 pounds) of ballast and 15 percent smaller engine air restrictors.

Saleen claims the first S7s will be in customer hands before the press launch of the road cars May 10. The company says all U.S. government certifications are currently complete on the car except EPA emissions, which will be done in April.

FELLOWS’ WIN BREAKS BAD LUCK SPELL AT SEBRING

By: RICK MATSUMOTO on March 17,2002
Original Article: TORONTO STAR (CANADA)

Ron Fellows has finally captured the elusive 12 Hours of Sebring.

The Mississauga driver brought the Corvette C5-R across the finish line at Florida’s 3.7-mile Sebring International Raceway last night at the head of the GTS class.

The victory came in the fourth attempt by Fellows and Corvette Racing to win the Sebring race, which along with the famed 24 Hours of Le Mans and the 24 Hours of Daytona, is considered one of the three major endurance events of world sports car racing.

“Finally, we finally did it,” said a relieved Fellows on the victory podium.

While Fellows, who had put the Corvette on the pole in qualifying, started and finished the race, he shared the driving with long-time co-driver Johnny O’Connell and newcomer Oliver Gavin.

Fellows’ car finished ninth overall, after covering 317 laps, 29 laps behind the winning Audi.

Interestingly, Gavin was one of the three drivers in the Saleen Mustang that upset Fellows and Corvette in last year’s Sebring race. This year, the Saleen S7R placed second with 309 laps.

Fellows had been the surprise overall winner of the 2001 24 Hours of Daytona a month earlier and had been the heavy favourite to win at Sebring. However, major mechanical problems allowed the Saleen to take the checkered flag in the GTS class.

This year Corvette Racing decided to pass up the Daytona race and concentrate its efforts on producing a reliable, as well as quicker, car for Sebring.

Audi, with lead driver Johnny Herbert driving the last hour, won the Prototype 900 class and the overall title for the third consecutive year.

PENSKE TOPS IRL: Helio Castroneves, a pilot for the IRL-interloper Marlboro Team Penske, captured pole position for today’s 200-lapper at Phoenix International Raceway by turning in a blistering lap of 20.0124 seconds around the one-mile oval – a speed of 179.888 m.p.h.

Castroneves nipped defending race winner Sam Hornish Jr. by 0.017 of a second to capture his first IRL pole.

GT40 TO SALEEN?

By: N.A. on March 11, 2002
Original Article: AUTOWEEK, VOL. 52, ISSUE 10

One of the players in the sweepstakes to build Ford’s GT40 is Steve Saleen, maker of GTS-class S7R race cars whose company is currently hustling to get the street-legal S7 supercar to customers this month.

Sources say Saleen is among the companies under consideration for the job to produce the limitedproduction $100,000 car, but nothing is final. Also getting lots of consideration is Roush Industries, which played a part in building the retro-styled, rear-engined 500-hp GT40 show car revealed at the Detroit auto show (AW, Jan. 14).

SALEEN’S MASS CUSTOMIZATION APPROACH

By: KERMIT WHITFIELD on January 2002
Original Article: AUTOMOTIVE DESIGN & PRODUCTION, VOL. 114, ISSUE 1

STEVE SALEEN HAS TRANSFORMED THE SOUTHERN CALIFORNIA TRADITION OF CAR TUNING INTO A SCIENCE, HIS FACILITY TAKES OFF-THE-SHELF FORDS AND HONES THEM INTO PERFORMANCE VEHICLES IN A SYSTEMATIC WAY THAT OWES MORE TO THE ASSEMBLY PLANT THAN TO THE BODY SHOP.

Tucked away in a unassuming industrial park in Irvine, California in a building that could just as easily house boxes of semiconductors or disposable diapers, is the production facility/R&D center/corporate offices of Saleen, Inc., otherwise known as “pony car heaven.” Here, Ford Mustangs are disassembled, then transformed into bionic versions of their former selves.

Racing driver Steve Saleen founded the company in the early 1980s with the notion that there was a profitable market niche for customized high-performance Mustangs that wasn’t being filled by Ford. But instead of making expensive one-off machines, Saleen developed a system of mass customization that reaps many of the cost and precision benefits of mass production, without the quotidian image. Using this system the company has turned out over 8,000 vehicles, more than any other American specialty vehicle manufacturer.

The Process
The assembly line at Saleen bears little resemblance to anything found in a mass production plant; it is simply a line of cars on hand-pushed carts that are moved from station to station. But many of the operations that are performed in an assembly plant take place here. There is one big difference, though. Saleen’s assembly line is also a disassembly line: many factory parts have to be removed before the custom parts can be installed. The line has 15 stations that can produce five cars a day; it takes approximately three days for a car to cycle through the entire process. Each car receives modifications that can be broken down into two categories: those to the powertrain and running gear that enhance the car’s performance and those to the exterior appearance that make it look “fast.”

At the first station on the line the factory Mustangs are placed on a lift and stripped of their suspensions and of front and rear fascia, side skirts and side scoops. As the cars progress down the line, these parts are replaced with more aggressive Saleen counterparts. The coupes are outfitted with a seven-piece body kit that includes the aforementioned parts plus thicker C-pillars that create the optical illusion of a lower, longer, faster vehicle. These exterior parts are molded by Saleen out of urethane elastomer using a low-pressure machine. After molding, the parts are painted in Saleen’s in-house paint facility.

Currently the paint shop is located several miles away, which puts Saleen in the less-than-optimum position of having to transport painted parts to the assembly plant over the road, increasing the potential for scratches and deformations. But over the next few months the company will consolidate all of its operations in one building, which will allow it to quickly provide painted parts to the line in a low-volume version of just-in-time production.

Beyond just parts, Saleen’s paint shop has the capability of painting entire cars. The company utilizes the paint technology and expertise of longtime partner BASF to not only accurately color match Ford’s existing Mustang color palette, but to offer eight additional colors ranging from black metallic to an unusual bronze color dubbed “beryllium.” (Unlike automakers, Saleen does not dual source paint. But this is hardly surprising since in addition to its role as paint supplier BASF is also a major sponsor of Saleen’s racing efforts.)

The portion of the process that concentrates on the powertrain is quite a bit more involved than the exterior modification procedures, and unlike the exterior, it varies based on model. On the base model S281 changes are, well, basic. The engine’s electronic control module is re-programmed to squeeze out more horsepower and run on premium fuel. A less restrictive air filter is fitted, as are special underdrive pulleys and a 2 1/2-in. exhaust system. These changes represent the low-hanging fruit of increased horsepower and add 25 horses to the 260 hp on the stock version. An optional Roots-style supercharger is installed on some models, taking the horsepower count all the way up to 365.

If the car coming down the line is an upgraded S281-E (“E” stands for “extreme”), the entire engine is removed and essentially re-built in the plant’s off-line engine assembly area. This area is an enclosed space of modest size off of the main floor. It looks much more like the engine workshop of a racing team or a small R&D center than an automaker’s engine line. (And in fact, racing engines are built alongside those destined for civilians.) Here the stock Mustang engine that will become the S281-E’s powerplant is torn down to the block. It is then re-built with parts that Saleen designed based on its racing experience including: a forged steel crankshaft and rods, special camshafts, forged aluminum pistons, a whole new induction system (featuring a molded composite inlet tube which offers better airflow than aluminum and saves over four pounds in the bargain) and a high-capacity supercharger.

The reborn engine is then mated to a close ratio six-speed manual transmission and the new powertrain is reunited with the body. Describing the process, Steve Saleen says, “There isn’t any area on the engine that is not changed by us in some way.” (After years of working with Ford engines both on the factory floor and on the racetrack, Saleen has developed a close relationship with the maker and is trusted with detailed engine architecture information. This allows the company to design parts more quickly and with greater assurance that they will work well with Ford’s powerplant.)

Meanwhile, back on the line, the suspensions that were stripped in the first station are replaced with a performance-tuned setup, 18-in. Enkei wheels and Pirelli tires. Other assembly stations add touches that seem minor, but are important to the niche car buyer such as black-on-white gauges (with a speed Greeter that tops out at 200 mph) and racing-style pedals. Once complete, each car is test driven on a public road course that attempts to simulate as many different driving surfaces as possible and adjustments are made as necessary in a dedicated off-line area of the plant floor.

In addition to horsepower and handling, Saleen’s system cannily packages and sells exclusivity at a cut-rate price. Each car that rolls out of the Irvine facility is numbered, registered and treated like a collector’s item from day one. Saleen tracks ownership of its vehicles and can provide build and technical information to potential buyers of used models. The result is products that often increase in value and sell for more on the used car market than they did originally.

As for the stock parts that are the flotsam and jetsam of Saleen’s production system, the company has adjusted its approach over time to that potential source of waste. In the 1980s it ordered its Mustangs stripped to the bone, partly in order to reduce the number of factory parts it would have to get rid of. But this proved to be a burden on Ford and no real bargain for Saleen. So, it changed its strategy, began ordering fully-equipped models and identified buyers for the replaced parts. Today, practically every part is sold not scrapped.

Faster and Hipper
Steve Saleen sees his operations as a model for what can be achieved in the niche vehicle arena by a small agile company. He says bluntly that his company is “able to service the enthusiast market more quickly and accurately” than a behemoth like Ford. When he compares his business to that of Ford’s Special Vehicle Team (SVT), which Saleen preceded and influenced, he draws the analogy of the relationship between ESPN and ESPN2. If SVT’s Cobras are the equivalent of major league basketball, Saleen’s Mustangs are the edgier, younger “X Games.”

The company projects the market for its high-performance products to increase in the future, especially now that GM has axed its pony cars. Don Cuzzocrea, Saleen’s chief operating officer, says, “There is a lot more interest in these types of vehicles because the mainstream cars are becoming more and more homogenized. The Camaros and Firebirds you could order from GM were a little edgier than the Mustangs you can get from Ford, so we think we will pick up a lot of those customers.”

Interest outside of the pony car crowd seems to be growing as well. Steve Saleen says that at the recent Specialty Equipment Market Association (SEMA) show in Las Vegas he was approached by representatives from several Ford divisions that were interested in utilizing his company’s unique services. Perhaps suped-up Volvos and Jaguars will someday make their way down the line in Irvine.

NEWS IN BRIEF

By: N.A. on January 1, 2002
Original Article: TIRE BUSINESS, VOL. 19, ISSUE 20

November shipments off 6%
AKRON—Industrywide shipments of replacement consumer and commercial truck tires fell 6 percent from year-ago levels, Goodyear said in its monthly report to investors. The company acknowledged that its own tire shipments were down even more.

The tire maker said that while Goodyear brand shipments fared better than those of the industry at large, its total unit shipments for the month failed to keep pace. The company said it shipped about 200,000 tires in November as part of Ford Motor Co.’s replacement program for Firestone Wilderness AT tires.

Industry shipments to original equipment customers declined 5 percent in November from year-ago levels for consumer tires and were down 32 percent for commercial tires, the report said.

Meanwhile, Goodyear said it made substantial production cutbacks during November and expects more of the same in December due to continued weak OE and replacement tire markets.

Smar Tire loses $1.6 million
RICHMOND, British Columbia—Tire pressure monitoring system developer SmarTire Systems Inc. suffered a net loss of $1.6 million in its fiscal first quarter ended Oct. 31 despite nearly doubling sales, to $352,629. The first quarter loss was slightly larger than that reported a year earlier, the company said.

The sales increase reflects a “moderate increase” in the firm’s passenger car aftermarket business and a “new commitment to mass market opportunities” in original equipment accounts, said Robert Rudman, president and CEO, who said SmarTire made “significant progress” with potential OE accounts.

New tire safety laws in the U.S. that make tire pressure monitoring systems mandatory by 2003 have created a surge in demand for tire monitoring technology, Mr. Rudman said.

Pep Boys shifts private brand biz
PHilADELPHIA—Automotive service chain Pep Boys—Manny, Moe & Jack is shifting nearly 100 percent of its private-brand fire business to Cooper Tire & Rubber Co., which currently makes about 60 percent of the firm’s tires.

The deal will mean the loss of about $100 million in business for Bridgestone/Firestone, which along with Cooper makes Pep Boys’ Futura tires, according to Tire Business research.

Bridgestone/Firestone and Pep Boys “mutually decided to discontinue business” during the first half of 2002, said Mike Cerio, BFS executive director, North American Consumer Tire corporate accounts, who also said the company “would welcome the opportunity to work with them again in the future.”

The sale of Cornell and Futura brand tires represented 17 percent of Pep Boys revenues, or $333 million in fiscal 2000. Pep Boys operates more than 620 stores in 37 U.S. states and Puerto Rico.

Pirelli, Saleen renew racing pact
LAS VEGAS—Pirelli Tires has renewed its tire and marketing relationship with high-performance vehicle manufacturer Saleen/Allen Speedlab for the 2002 American Le Mans Series, the tire maker said.

Pirelli had helped Saleen win the Triple Crown of the inaugural Grand-Am racing season, but chose not to compete in 2000 to focus on improving its racing products.

Under the renewed deal, Pirelli will offer its latest P Zero racing slicks to Saleen’s S7R supercar customer teams as well as other GTS and GT cars in the ALMS and the FIA GT.

POWER AND REFINEMENT CORNERSTONES OF EXPANDED 2002 SALEEN MODEL LINE-UP

FOR IMMEDIATE RELEASE

Exotic S7 and New S281-E Mark Saleen’s 19th Production Year

IRVINE, Calif., Sept. 20 – Inspired by the sales success of their popular S281 series sports cars and the multiple international motorsports championships earned by the potent S7R, Saleen Inc. has announced the expansion and refinement of their product line for the 2002 model year. Now in its 19th year of manufacturing premier performance automobiles, Saleen will offer driving enthusiasts the option of several exciting variations of their popular Mustang-based performance cars, as well as the first truly American supercar – the Saleen S7.

For 2002, Saleen Mustang enthusiasts can choose from a broad spectrum of Saleen S281 models ranging from the highly desirable S281 sports car to the S281 Supercharged version all the way up to the powerful new S281-E. Each of these sophisticated cars incorporate Saleen’s legendary balance of power, handling and good looks, and each comes in Coupe, Convertible or Speedster versions. Special Saleen suspensions, slick aerodynamics, interior refinement and Saleen-designed wheels and Pirelli tires are standard on all S281s, while customers can also choose from a limited but exciting list of options to personalize their new Saleen. These additions have been refined for the 2002 model year into more streamlined packages to better address the needs of the Saleen customer.

In addition, a colorful palette of colors is also available including Saleen S7 Silver, Speedlab Yellow, Lizstick Red, Pearl White, Black Metallic, Beryllium, Victory Blue and Bright Signature Red.

The S281 combines classic Saleen performance and appearance with outstanding value. Boasting a healthy 285 horsepower from its 4.6-liter (281 cid) SOHC V8, a new “X-Pipe” exhaust system boasts the car’s torque to 320 ft. lbs. at 4,100 rpm and a quarter mile time of 14.1 seconds at 98 miles an hour. Carrying a Manufacturers Suggested Retail Price of $32,999 for the Coupe and $36,999 for the Convertible, the S281 provides a level of power and sophistication found in cars costing twice as much.

Introduced in 1999, the S281 Supercharged addition was quickly accepted by Saleen customers as the benchmark in performance Mustangs. Manufactured with a sophisticated Saleen Series II Supercharger system and “PowerFlash” performance calibration system, the S281 Supercharged has already reached a sales level equal to its normally aspirated 8281 counterpart. Packing a neck-snapping 365 horsepower and 400 ft. lbs. of torque, the S281 Supercharged provides the driver a 0-60 time of 4.7 seconds, with the quarter mile flashing by at only 13.2 seconds. Despite the industry-leading performance, the S281 Supercharged provides consumers a high level of value at a price of $39,299 for the Coupe and $43,299 for the Convertible.

The newest bullet in the Saleen performance holster for 2002 is the cutting- edge S281-E (“E” for Extreme). Manufactured with the latest in Saleen race-bred technology, the latest addition to the Saleen performance fraternity is the most powerful street Mustang available on today’s market. At the heart of the S281-E is a unique Saleen-manufactured 4.6-liter powerplant complete with the latest Saleen Series V “screw-type” supercharger system. Coupled with the company’s S281-E six-speed transmission, the new S281-E pumps out an impressive 425 horsepower at 6,400 rpm and 440 ft.-lbs. of torque at 4,000 rpm. (Need we say more?). The Manufacturers Suggested Retail Price (MSRP) of the new S281-E will begin at $59,995, a true performance value considering the world-class power and refinement of the newest S281 offering.

The year 2002 will also see the first production deliveries of the exotic and highly-anticipated Saleen S7 American supercar. First introduced less than one year ago, the mid-engine Saleen S7 has garnered international recognition for its elegant, but aggressive, modern styling and the instant success its S7R sibling has enjoyed in the world’s most legendary sports car races. In only its first year of competition, the Saleen S7R has won championships in both the European Le Mans Series (ELMS) and the Grand American Road Racing Association series; along with numerous race wins including the 2001 12 Hours of Sebring and a new GTS race record (and podium finish) at the legendary 24 Hours of Le Mans.

In step with Saleen’s long-established linkage of product development through motorsports, the production S7 is expected to reflect some of the lesson’s learned in the world’s most challenging endurance races. The process of certifying the S7 for street use is well underway, with the first cars expected to reach Saleen dealer showrooms by early 2002. The 7.0-liter S7, which will provide its lucky owners with just over 550 horsepower, will carry a Manufacturer’s Suggest Retail Price (MSRP) of $395,000. Available only through an ever-expanding global network of Saleen-certified dealers, the S7 takes the Saleen tradition of putting “Power in the Hands of a Few” to its ultimate level.

Saleen facilities include total research and engineering, design and assembly capability. Since the company’s inception in 1984, Saleen has produced more than 8,000 vehicles, more than any other specialty manufacturer. The company’s divisions include Saleen Mustangs, Saleen S7 and S7R, the Saleen/Allen Speedlab, Saleen engineering and Saleen Performance Parts, the latter a complete line of performance and appearance products for Mustangs, Explorers and the new Ford Focus.

Contact: Jack Gerken 949-597-4900

76 Fairbanks
Irvine, CA 92618
t 949 597 4900
f 949 597 0201
www.saleen.com

EXIDE TECHNOLOGIES NAMED EXCLUSIVE BATTERY SUPPLIER FOR SALEEN S7

EXIDE SELECT ORBITAL THE BATTERY OF CHOICE FOR AMERICAN SUPERCAR

PRINCETON, N.J., June 15 /PRNewswire/ — Exide Technologies (NYSE: EX), the global leader in stored electrical energy solutions, has signed an agreement to supply Exide Select Orbital(R) batteries to Saleen, Inc. Based in Irvine, California, Saleen specializes in the manufacture of high-performance vehicles for street and track; produces and markets a broad line of performance parts; and provides design, engineering and certification services. As a battery supplier to Saleen, Exide Technologies will provide the original-equipment batteries for all Saleen S7 street and racing vehicles.

The agreement calls for Exide Technologies to supply the Exide Select Orbital(R) — the world’s only original-equipment approved spiral-wound lead-acid battery — for use in Saleen’s top-of-the-line vehicles, including the Saleen S7, an American supercar, and the Saleen S7R, the racing version of the S7. Further, Exide Technologies will be an associate sponsor of the Saleen/Allen Speedlab race team starting with the prestigious 24 Hours of LeMans event on June 16 and 17. And Saleen will specify the Exide Select Orbital(R) as the preferred replacement battery for all Saleen S7 vehicles.

Saleen offers a full line of consumer vehicles as well as a wide array of parts and accessories designed for improving performance. Saleen’s S281 naturally-aspirated and supercharged models, available as coupes, convertibles or speedsters; the XP8 Performance Utility Vehicle; and the race-bred SR coupe are mainstays of the company’s high-performance vehicle line.

The crown jewel of Saleen’s vehicle lineup is the 2001 S7 supercar, one of the most exotic supercars in the world, capable of speeds exceeding 200 miles per hour, with a zero-to-60 time of under four seconds. The Saleen S7 redefines high-tech and modern racing technology with its 7-liter V-8 engine, advanced suspension system and aerodynamic design.

“We chose the Exide Select Orbital(R) because it is the only spiral-wound, sealed, absorbed glass mat lead-acid battery that has withstood the rigors required for original-equipment certification,” said Steve Saleen, Founder and President of Saleen. “In addition, Exide Technologies supports its products with a high-quality global service network.”

The Exide Select Orbital(R) features a highly efficient design and construction of tightly wound plates that provide unparalleled power among conventional automotive batteries. It holds its charge longer — and has a shelf life three times longer — than conventional batteries. The battery can be recharged in a fraction of the time, has greater power output and resists vibration better than any other lead-acid battery. Because the Exide Select Orbital(R) is completely sealed, it eliminates leaks and spills. It is extremely resistant to vibration, heat and cold and offers greater safety because it contains no free liquid electrolyte and does not produce gas.

“The Saleen signature on a vehicle signifies the state-of-the-art in design, performance, engineering and manufacturing,” said Craig Muhlhauser, President and Chief Operating Officer of Exide Technologies. “The Exide Select Orbital(R) is the only spiral-wound, sealed, absorbed glass mat lead-acid battery in the world that can meet these exacting, high-performance criteria for the Saleen vehicle line.”

Note:
Exide Technologies is the global leader in providing electrical energy storage solutions. The company has operations in 89 countries, serving the industrial and transportation markets.

Industrial applications include network-power batteries for telecommunications systems, fuel-cell load leveling, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS) markets; and motive-power batteries for a broad range of equipment uses, including lift trucks, mining vehicles and commercial vehicles.

Transportation uses include automotive, heavy-duty truck, agricultural, marine and other batteries, as well as new technologies being developed for hybrid vehicles and new 42-volt automotive applications. The company supplies both aftermarket and original-equipment transportation customers.

Further information about Exide Technologies, its financial results and other information can be found at www.exide.com .

Media contact: Tim Yost, 734-827-3282; tyost@exideworld.com
Investor contact: Thomas J. Smith, 609-919-4946, tsmith@exideworld.com.

Certain statements in this press release may constitute forward-looking statements as defined by the Securities Litigation Reform Act of 1995. As such, they involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any results expressed or implied by such forward-looking statements. These are enumerated in further detail in the company’s Form 10-K.

MEDIA CONTACTS at LeMans:
Frederic Guyonneau for Exide: 678-361-7321
Jack Gerkin for Saleen: 714-814-9901

MEDIA CONTACTS in U.S.:
James Chew for Exide: 610-698-4458
Tim Yost for Exide: 734-827-3282

INVESTOR CONTACT:
Thomas J. Smith for Exide: 609-919-4946

[SOURCE: Exide Technologies]