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Published on Nov 22, 2014
The complete Saleen Press Conference at the 2014 Los Angeles Auto Show featuring Saleen’s customized version of the Tesla electric car.
Saleen is offering a special offer on remaining S302 White Labels. These 26 “Special Order” coupes feature Race Red exterior paint and charcoal leather interior.
Nth Moto Saleen S7 twin turbo. 1100 HP on 93 octane pump gas. Race engine build, turbo kit, design, engineering, fabrication, wiring, and tuning by Nth Moto in Minneapolis, MN.
Quick Stats: S7 04-043
– Lone Beryllium 2004 model
– Only Beryllium naturally aspirated
– Second to last 2004 road car produced
– One of three Beryllium S7 total
Auto Guangzhou 2014 The 12th China (Guangzhou) International Auto Parts & Accessories Exhibition
Adsale Exhibition Services Ltd will hold the 12th China (Guangzhou) International Auto Parts & Accessories Exhibition (Auto Guangzhou 2014) at China Import and Export Fair Pazhou Complex, Guangzhou during November 20th – 23rd, 2014.
As one of the largest auto parts & accessories distribution center in China, Guangzhou is a cluster of automobile and parts production. Since 2012 the parts & accessories section of Auto Guangzhou has been upgraded as a specialized concurrent event, China (Guangzhou) International Auto Parts and Accessories Exhibition.
The 12th China (Guangzhou) International Auto Parts & Accessories Exhibition (Auto Guangzhou 2014) will provide an effective platform for exhibitors to tap with the growing China market.
Saleen Delivers the 1st Saleen Tesla Model, and Provides Additional Drivetrain Options
CORONA, CA–(Marketwired – Nov 21, 2014) – Saleen Automotive Inc. (OTCBB: SLNN) (OTCQB: SLNN) — Saleen Automotive has begun deliveries of the Model S based Saleen FOURSIXTEEN, which comes only a short time after the successful new product launch in Pebble Beach, CA. The recent release places Saleen Automotive Inc. in an advantageous position in the rapidly growing electric performance car segment as the Saleen Tesla (ST) hits the streets.
“Keeping with our core competencies, we’ve accomplished concept-to-production in a short time,” noted Steve Saleen, CEO of Saleen Automotive. “Moving quickly in the automotive industry is paramount to maintaining (and gaining) marketshare, especially in such an advanced segment as the electric car market.”
In 2013, the BMW Group sold more vehicles than ever before in the company’s history with an increase of 6.4% from the previous record year. Mercedez Benz also had a record breaking 2013 with 1.4 million in luxury sales, recently outselling Audi to become the world’s 2nd largest luxury car brand of the year according to Bloomberg.com
The trend for luxury cars continues to climb as the demand for luxurious eco-friendly options becomes a growing necessity in the automotive industry. Telsa is at the forefront of this demand and forecasts are trending to be 20% above target with over 21,500 cars sold in 2014. Pairing Telsa’s conscious, luxurious design with Saleen’s prestige performance has proven to be a masterpiece.
2015 ST Models on the Horizon
In addition to production on the current 2014 P85+ based sedan, Saleen is also taking orders on the 2015 model lineup. The updated 2015 drivetrain will present an additional opportunity for Saleen to increase cooling performance, aerodynamics and acceleration on the base 60 and 85, and P85D Model S chassis.
With a starting MSRP of $124,500 after federal tax credits, the newly updated vehicle and configurations on the 2015 all-electric Saleen model will receive updated performance numbers as well: A single motor 380HP motor configuration and a dual motor 691HP motor configuration that is expected to accelerate at a seat planting 0-60MPH in under 3 seconds.
Saleen Automotive, Inc.
Saleen is an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. Founder Steve Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.
Contact: Saleen Automotive Inc
Source: Marketwired (November 21, 2014 – 8:00 AM EST)
Saleen Delivers The 1st Saleen Tesla Model, And Provides Additional Drivetrain Options.
Saleen Automotive Inc. (OTCQB: SLNN) Corona, CA – (November 20, 2014)
2015 Saleen ST Order Form
Saleen Automotive has begun deliveries of the Model S based Saleen FOURSIXTEEN, which comes only a short time after the successful new product launch in Pebble Beach, CA. This places Saleen Automotive Inc in an advantageous position in the rapidly growing electric performance car segment as the Saleen Tesla (ST) hits the streets.
“Keeping with our core competencies, we’ve accomplished concept-to-production in a short time,” noted Steve Saleen, CEO of Saleen Automotive. “Moving quickly in the automotive industry is paramount to maintaining (and gaining) marketshare, especially in such an advanced segment as the electric car market.”
2015 ST Models on the Horizon
In addition to production on the current 2014 P85+ based sedan, Saleen is also taking orders on the 2015 model lineup. The updated 2015 drivetrain will present an additional opportunity for Saleen to increase cooling performance, aerodynamics and acceleration on the base 60 and 85, and P85D Model S chassis.
Advancements in the Model S base chassis drivetrain provide the 2015 ST models with additional ordering options: A single motor 380HP motor configuration and a dual motor 691HP motor configuration. As with the 2014 Saleen Tesla, both models will offer all available driveline options and Saleen specific technology such as the motor cooling systems and driveline enhancements.
With a starting MSRP of $124,500 after federal tax credits, the newly updated vehicle and configurations on the 2015 all-electric Saleen model will receive updated badging as well; The Saleen ST.
ST | 380
The 380HP base model will receive a myriad of additional upgrades including aerodynamics, aesthetics, braking, and Saleen specific suspension components as standard equipment. New for this model year is the 2+2 Saleen performance seating which is now standard on all ST models. Optional equipment will continue and include the Saleen specific 11.39:1 final gear ratio and Saleen carbon ceramic brakes.
ST | 691
This model is the ultimate in all-electric performance and provides a unique track capable throttle response, acceleration, and torque management efficiency worthy of any world-class Supercar. When configured with the Saleen specific features and optional drive ratios, the 691HP all-wheel drive dual motor configuration is expected to accelerate at a seat planting 0-60MPH in under 3 seconds.
2015 Saleen ST – Features & Specifications
About Saleen Automotive, Inc.
Saleen is an American niche manufacturer of lifestyle ultra-high performance vehicles, technical performance parts, lifestyle accessories and apparel. With more than 30 years of automotive heritage, Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. As a Specialty Vehicle brand since 1984, Saleen offers a range of White, Yellow, and Black Label high-performance vehicles: The Saleen 302 Mustang, Saleen 570 Challenger, Saleen 620 Camaro, and the Tesla Model S based Saleen ST.
Everything at Saleen is literally built from the ground-up, by skillful hands. The Saleen staff consists of a wide range of designers, R & D engineers and production team members that works together pushing the envelope of development, manufacturing, and certification of high-performance specialty vehicles. Learn more at www.saleen.com
CORONA, CA–(Marketwired – Nov 14, 2014) – Saleen Automotive, Inc. (OTCBB: SLNN) (the “Company”), an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel, is pleased to provide the market with its results for the three and six months ended September 30, 2014. The Company’s full report on Form 10-Q is available in its entirety at http://edgar.sec.gov/.
Key financial results of operations for the three months ended September 30, 2014 are summarized herein:
Revenue decreased to $866,524 for the quarter ended September 30, 2014 from $1,536,264 for the quarter ended September 30, 2013;
Gross margin decreased to $96,534 for the quarter ended September 30, 2014 from $302,256 for the quarter ended September 30, 2013;
Operating expenses increased to $1,549,765 for the quarter ended September 30, 2014 from $1,450,182 for the quarter ended September 30, 2013;
Loss from operations increased to $1,453,231 for the quarter ended September 30, 2014 from $1,147,926 for the quarter ended September 30, 2013;
Net loss for the quarter ended September 30, 2014 increased to $2,083,705, compared to a net loss of $1,134,966 for the quarter ended September 30, 2013.
Key financial results of operations for the six months ended September 30, 2014 are summarized herein:
Revenue increased to $2,563,901 for the six months ended September 30, 2014 from $2,442,696 for the six months ended September 30, 2013;
Gross margin decreased to $362,626 for the six months ended September 30, 2014 from $365,717 for the six months ended September 30, 2013;
Operating expenses declined to $3,419,606 for the six months ended September 30, 2014 from $3,452,736 for the six months ended September 30, 2013;
Loss from operations decreased to a loss of $3,056,980 for the six months ended September 30, 2014 from a loss of $3,087,019 for the six months ended September 30, 2013;
Net income for the six months ended September 30, 2014 was $902,279, compared to a net loss of $3,578,213 for the six months ended September 30, 2013. Excluding the impact of a non-cash gain of $5,032,789 from the extinguishment and change in fair value of a derivative liability extinguished in June 2014, net loss increased to a net loss of $4,130,510 for the six months ended September 30, 2014 from a net loss of $3,578,213 for the six months ended June 30, 2013.
“This quarter represented a major transition period for the Company, as we introduced the 2015 Saleen Mustang, which is, in my opinion, our boldest and most exciting Saleen Mustang that we’ve done in quite some time. As anticipated, sales during this quarter were negatively impacted, as Ford discontinued production of the 2014 Mustangs in order to switch to the all new and completely redesigned 2015 model,” stated Steve Saleen, CEO, Saleen Automotive. “This was further compounded as many of our dealers decided to hold off on 2014 Mustang orders in anticipation of the new Saleen 2015 model. To put in perspective, during the same period in the prior year, the change from the 2013 to 2014 Mustang model year was minimal and the supply of vehicles was not disruptive. Having said this, I’m extremely excited and proud of our team, as we have received positive feedback on the design of the 2015 Saleen Mustang along with increased enthusiasm and demand for our product. In addition, we just recently received our initial shipment from Ford of the 2015 Mustangs and will begin production shortly. From this, I can clearly see a path to an anticipated increase in volume for the Saleen Mustang compared to where we were a year ago,” added Saleen.
“This quarter, we also debuted an all-electric Tesla Model S based vehicle ‘The FOURSIXTEEN’ at the 2014 Pebble Beach Concours d’ Elegance. The Saleen FOURSIXTEEN boasts an array of features that make the vehicle faster, more stylish with an improved ride while maintaining Tesla Motors’ remarkable mileage efficiency. We have used all the experience and ingenuity in our collective acumen to create a truly exceptional all electric vehicle,” stated Saleen. “I think that we have also raised the bar significantly with styling and improved interior that are worthy of the Saleen moniker,” added Saleen. The Saleen FOURSIXTEEN will be a featured display at the upcoming Los Angeles Auto Show scheduled for November 18 – 20, 2014.
Major Milestones from the period include:
Saleen Automotive Releases Feature List and Image for 2015 Saleen 302 Mustang, Begins to Take Orders
Saleen Automotive Unleashes the All-Electric, All-Performance Tesla Saleen FOURSIXTEEN
All the above events can be read in their entirety by looking under the news feed for SLNN. Saleen uses the following outlets to provide updates from time to time to the public regarding its business and operations:
About Saleen Automotive, Inc.
Saleen is an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. Founder Steve Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.
The #01 and Only Shelby GT500 sent to Saleen Speedlab
Exclusive Offering from the owner’s personal collection.
This “Shaleen” Mustang is pure automotive history … documentation from day 1!
*** Serious Inquiries Only ***
Build Sheet:
* SVT 5.4 Supercharged … 550hp
* 6-Speed Tremec Transmission
* GT500 Leather Interior
* Short Throw Shifter
* 35% Custom Window Film
* SALEEN SpeedLab Equipment
* Shaker 1000 Sound System w/ Subwoofer
* SALEEN Tuned Power Programmer
* SVT Peformance Pkg
* Performance White – Blue Stripes
* Special Order Cobra
Car is personally signed by Carroll Shelby, Steve Saleen, and every crew member from SALEEN SpeedLab
100% CARFAX Certified!
100% Autocheck Guaranteed!
Included:
This SALEEN Shelby GT 500 comes with all books, manuals, floor mats, 2 keys, and all documentation from SALEEN SpeedLab, and the magazine it was featured in.
Delivery:
We offer complimentary airport pick-up or can help you arrange shipping/delivery directly to your door for a stress free internet buying experience.
