Jan 25, 2016 | Camaro, Challenger, China, Model S, Mustang, Showroom
Saleen Automotive Inc. (OTCQB: SLNN) Corona, CA – (January 25, 2016)
The Saleen brand opened its first international showroom in Shanghai, China. The elegant showroom is located in the upscale Jing An District in Shanghai and will not only assist in broadening the Saleen experience but also furthering the brand.
The opening of the Shanghai Showroom is the recent result of an agreement formed between Saleen and Saleen Motors International (“SMI”), an affiliate of GreenTech Automotive and licensee of the Saleen Brand in Asia.
The store will have Saleen vehicles, parts, and accessories on the showroom floor, which will allow potential buyers to see, touch, and buy Saleen. “This is an exciting opportunity for the Saleen brand,” remarked Steve Saleen, “we have fans all over the world, but this will give us a whole new customer base and the opportunity to expand the Saleen experience.” Mr. Charles Wang, Chairman and CEO of GTA, stated that “Saleen has been the icon of American high performance cars. Its advanced powertrain technologies and aerodynamics will surely bring an exciting alternative choice for Chinese high performance car enthusiasts. The rapid expansion of Saleen’s customer base in China has not only made the legendary Saleen cars available to the vast Chinese market, but also increased manufacturing jobs in our production facility in Tunica, Mississippi. What a great win-win for both countries.”
For more information regarding this matter, Saleen can be reached at pr@saleen.com. For investor questions, please email ir@saleen.com.
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Nov 20, 2014 | Electric Cars, FOURSIXTEEN, Model S
Saleen Automotive Inc. (OTCQB: SLNN) Corona, CA – (November 20, 2014)
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.
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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
Safe Harbor Statement
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Saleen Automotive’s products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in Saleen Automotive’s filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include statements regarding product offerings and marketing. For a more detailed description of the risk factors and uncertainties affecting Saleen Automotive, please refer to the Company’s recent Securities and Exchange Commission filings, which are available at www.sec.gov. Saleen Automotive undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Aug 17, 2014 | Electric Cars, FOURSIXTEEN, Model S
Saleen Automotive Inc. (OTCQB: SLNN) Monterey, CA – (August 17, 2014)
From the same automotive performance brand that brought the true American Supercar, the S7, Saleen has once again set precedence for a vehicle of epic proportions. The Tesla Model S based Saleen FOURSIXTEEN performance electric car was shown for the first time at the 2014 Pebble Beach Concours d’Elegance.
“Tesla has created an entirely new class of American automobile”, explained Steve Saleen. “There are many similarities to this and how Ford created the ‘pony car’ class in 1964 with the Mustang, which is how these vehicles stand out from the rest of the pack.”
Standing out from the pack is Saleen’s specialty. Whether it’s their winning racing pedigree, expertly engineered Saleen vehicles, or instantly recognizable design. The Saleen legacy is perfectly packaged into the FOURSIXTEEN Model S and hinges on the mantra for the performance luxury electric car that ‘status quo won’t do’.
Purposefully advanced design
From the outside, the FOURSIXTEEN is a harmonious blend of aerodynamic aggressiveness and subtle classiness. Applying the same championship Saleen DNA used over the last three decades, Saleen has created a car that can drive the streets of Monaco and set records at Laguna Seca. From the Saleen crafted front fascia to the carbon fiber rear diffuser, the FOURSIXTEEN aerodynamic design is as inspired as it is functional.
Front aero management vents helps ensure that the Saleen FOURSIXTEEN model maintains a low pressure field as air acceleration increases around the chassis. Assisting the lower aero management is the unique V-shaped hood architecture efficiently directing hot air away from the drivetrain cooling system all while generating valuable downforce across the front section.
The rear fascia design finalizes the aerodynamic system as air moves across the cabin and onto the Saleen designed high-downforce decklid mounted spoiler. Mid-chassis air is directed across the carbon fiber accents stretching between the taillights. Supplying rear wake diffusion is a Saleen diffuser design that boosts aerodynamic downforce capability.
Electrified Performance
Just like the rest of the Saleen lineup, this car is more than just an eye catching aerodynamic package. Propelling the new FOURSIXTEEN is the 3-phase, four pole AC induction motor and copper rotor with the upgraded Saleen drivetrain including an all-new 11.39:1 final gear ratio for quicker acceleration. Also new for the FOURSIXTEEN is a Saleen specific MAXGRIPTM locking differential that allows each wheel to efficiently apply rotational force and maximize traction and grip in performance environments. All of the Saleen engineered driveline components increase efficiencies in torque management, give a track capable throttle response, and provide faster acceleration. Overall the FOURSIXTEEN is a well-balanced vehicle and sounds great too!
Electric motor cooling has also been made more productive from the Saleen high-efficiency drivetrain cooling system. Comprising the system is a larger volume radiator, upsampled cooling fans, and a high-flow water pump to help maintain consistent temperatures in more stressful performance applications.
“Electric drivetrains are unique in that they can generate an incredible amount of torque at zero RPM”, detailed Sven Etzelsberger, VP Advanced Engineering. “Our challenge was really to find methods to manage the energy that is generated by the electric motor and rotor assembly. With the FOURSIXTEEN we have successfully found a comprehensive solution to increase performance and harness power in an efficient manner.”
Suspension
Saleen’s design and engineering teams worked together to ensure a functional suspension that doesn’t sacrifice ride quality. The Saleen specific S4 track-calibrated suspension includes a monotube coilover, which works in conjunction with an S4 sway bar setup to increase cornering agility without sacrificing ride quality. The FOURSIXTEEN suspension system can also be ordered in a fully adjustable configuration, allowing the driver to easily increase stiffness for a day at the track and revert to a more streetable setting with simple adjustments.
The Stability Control System has also undergone a track tested performance enhancement. A software change gives the FOURSIXTEEN better cornering response and drivability by allowing the driver to maintain power as traction and vehicle weight distribution change.
Working together with the stability control software, wheel, tire, and S4 suspension system are the Saleen-specific brakes. The standard brake package in the FOURSIXTEEN include 14” 2-piece aluminum hat vented rotors and multi-piston front calipers with performance brake pads. An optional upgrade is the carbon ceramic disc brake system for maximum braking, cooling, and weight reduction. Saleen designed wheels fill out the wheel openings and add an air of performance luxury. All of this combined with the ZR-spec tires make sure the car will hug the corners, accelerate true in the straights, and stop effortlessly when needed.
Supercar inspired interior
The interior refinements of the Saleen FOURSIXTEEN are abundant. From the handpicked leather palette to the carbon fiber dash accents, the cabin environment is as supercar stylish as it is functionally chic. Starting with the seating, black leather is contrasted by perforated leather accents and Alcantara suede inlays providing a true luxury atmosphere.
“Our theme of an electric four-seat supercar really comes to life with the interior of this car”, said Sean Smith, Design Director. “Our design team spent a lot of time evaluating different materials, fitments, and finishes to accomplish the refined interior design of the FOURSIXTEEN while still keeping the modern sports car inspiration intact. I think the result is appropriate for this new class of electric American performance cars.”
A new center console has also been integrated into the interior redesign. This functional aspect gives the driver and front passenger additional center storage, a personal electronic device pocket, and a much needed cupholder all within arm’s reach.
Continuing the track-inspired exterior enhancements, the front and rear seating have been remolded to produce four full bucket seats complete with added bolstering to create a discerning interior that is fittingly built around the driver and passengers. Marrying the seating design to the rest of the cockpit are the Saleen tailor-made door panels and a full leather-wrapped dash both artistically complimented with hand sewn contrast stitching. The final stroke of interior craftsmanship draws attention to the seat shells which have been color matched to the black leather, creating a dynamic modern feel in the rear cabin.
Availability, Pricing and Additional Information
MSRP for the FOURSIXTEEN model is set to start at $152,000 for the complete vehicle, which includes the base P85Model S sedan. This is priced before existing state and federal EV incentives which can range from $7,500 to $15,000 depending on the buyers state (i.e. A California resident would pay $142,000.00).
Warranties are also included on all new Saleen vehicles, components, and labor. Each newly purchased Saleen FOURSIXTEEN will include a 4-year / 50,000 mile warranty to match the manufacturer backed limited warranty.
Purchases for this all new electric vehicle can be placed by contacting Saleen directly for an expedited ordering process of the Saleen FOURSIXTEEN. Orders are now being taken for the FOURSIXTEEN with delivery 6-8 weeks following order confirmation and receipt.
Alternatively, individual FOURSIXTEEN components are also available for Model S owners that are looking to just add a touch of performance or styling to their current vehicle without the desire for a serialized version. Installation can be scheduled through the Saleen Performance Parts division. For more information visit www.saleen.com
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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, Saleen 570, and Saleen 620 Camaro.
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
Safe Harbor Statement
This release contains “forward-looking statements” that include information relating to future events and future financial and operating performance. The words “may,” “would,” “will,” “expect,” “estimate,” “can,” “believe,” “potential” and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management’s good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for Saleen Automotive’s products, the introduction of new products, the Company’s ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company’s liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in Saleen Automotive’s filings with the United States Securities and Exchange Commission. Examples of such forward looking statements in this release include statements regarding product offerings and marketing. For a more detailed description of the risk factors and uncertainties affecting Saleen Automotive, please refer to the Company’s recent Securities and Exchange Commission filings, which are available at www.sec.gov. Saleen Automotive undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
