Saleen for Sale?

[quick5pnt0]

This topic is for discussion of the following:
http://www.muscularmustangs.com/2008/ne ... tosell.php
http://www.muscularmustangs.com/2009/ne ... eps_up.php

[quick5pnt0]

According to Autoblog Saleen has sold the majority of it's assets to MJ Acquisitions including both the production car and aftermarket divisions. It sounds as though they didn't buy the S7 or S5 Raptor which could spell the ultimate demise of those two vehicles.

http://www.autoblog.com/2009/02/02/brea ... ts-assets/

[quick5pnt0]

Not sure how I missed this but it looks like Saleen has changed their stance on covering warranties of previously produced Saleen vehicles. I guess the pressure got to them...

TROY, Mich., July 24, 2009 – Saleen Performance Vehicles has announced an update to its warranty policy – a solution that enables Saleen Performance Vehicles to provide warranty coverage for 2005 to 2009 model year Saleen vehicles. Previous communications had indicated that vehicles delivered to dealers prior to February 2009 would not be covered by a Saleen Performance Vehicles warranty.

Saleen Performance Vehicles will cover the parts and labor costs required to complete warranty repairs to vehicles still within their original warranty coverage (1 year/12,000 miles or 3 year/36,000 miles). This includes vehicles currently in stock at dealerships.

Saleen-certified dealerships have been instructed to follow existing warranty approval processes, including contacting the Saleen Support Center to confirm warranty coverage and sales dates, obtaining prior approval, receiving authorization to commence work, and ordering parts.

"We investigated several alternatives, and we believe this solution is in the best interests of our dealers and customers," said Mike Shields, CEO of Saleen Performance Vehicles, "and will prove to be beneficial as we re-launch our operations."

For 2010 model year Saleen vehicles, including the new Saleen 435S that is currently being launched, Saleen Performance Vehicles will cover the parts and labor cost required for warranty repairs for a 3-year/36,000-mile period.