Saleen Performance Vehicles To Cease Production

Revstone, the parent company and producer of Saleen Performance Vehicles and Saleen Speedlab parts, announced today that it will refocus its strategy in performance vehicles to become a second stage manufacturer and a distributor of aftermarket performance parts. The move will allow the company to leverage its size and customer relationships to provide a wider range of high performance offerings to consumers.

“The teams responsible for engineering and development of Saleen bring a level of engineering prowess and passion that is second to none,” said Bob LaCourciere, President of Revstone Aftermarket. “We want to apply that same talent and dedication to second stage manufacturing.”

As part of this strategic shift, the company has announced that the 2011 Saleen S302 will be the last car produced under the Saleen name. The S302 vehicles are currently being produced, and all production will be completed by the third quarter of this year.

“We feel it is time to retire the legend, and to usher in a new era of performance,” continued LaCourciere. “We will continue to honor our warranties on Saleen vehicles, and Saleen parts will be available through Speedlab.”

The company plans to hold a webinar in the second quarter of 2011 to answer any questions and provide more insight into its plans for the transition.

[Source: MustangsDaily]