Mustang tuner Saleen out of business

[littlecammi]

The friend who told me about the August 12th auction of all Saleen parts and equipment at the Michigan Saleen location now tells me that all Saleen parts and equipment at the Irvine, California Saleen location will also be auctioned off on August 18th. (I'm not sure of his source this time.)

[kevin2323]

Originally Posted by littlecammi

There were press releases when Steve Saleen sold his company around three years ago (but stayed on as an executive), and more press releases when he quit over a year ago, and still more press releases when he announced his new company SMS sould be modifying new Challenger R/Ts.

Here is an earlier post of mine from the thread Camaro v6 VS Mustang GT:

Beginning in '09 Steve Saleen's new company SMS (he can't use his own last name as the rights to it belong to the investment group to which he sold his old company) will begin selling upgraded Challenger R/Ts. (He won't be using the more expensive SRT8 version with the 6.1L hemi, in order to keep costs down and his profit margin up.) SMS will offer a superchargered 5.7L hemi Challenger R/T (with stock internals) rated at 500+hp and a supercharged 5.7L with forged internals rated much higher. They will not be cheap.

Saleen knows exactly how to do this. His business model is based on his own history of modifying Mustangs for years. Saleen built his Mustang business up before all the other Mustang tuners joined in (Roush, Steeda, Griggs Racing, etc.). Now he'll be one of the first to sell modified Challengers. He won't be doing Mustangs (he'd have to compete against his namesake company there), but he may sell modified Camaros in addition to Challengers.

He is doing it for the 6.1 as well/

[BowtieGuy]

Yay, one less special edition mustang tuner. Now to get rid of the other ten.