Saleen Performance Vehicles (SPV) has just released its version of the 2010 Mustang, the 435S. The release of this 435 horsepower pony car comes just days after Steve Saleen announced he is suing SPV and its owner MJ Acquisitions for using his name. For those not up to date on the continuing Saleen saga, Steve...
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Saleen’s new owner, MJ Acquisitions, will not be honoring any outstanding warranties on Saleen Inc. products, services, or vehicles. That’s right, MJ Acquisitions recently sent a letter to all certified Saleen and Racecraft dealers stating that customers will have to pay for any repair costs because Saleen Inc. has ceased operations. It clearly states that,...
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MJ Acquisitions, which recently purchased most of Saleen Inc., has made it clear that purchasing Viper from Dodge/Chrysler is of interest to the company. Automotive News reports that MJ Acquisitions co-owner Mike Shields states that, “We’ve considered a purchase of Viper.” Shields and his bothers own several auto-industry related subsidiaries including Cyltec, LLC, Power-Tec Engineering,...
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Three months after Saleen Incorporated announced it was looking for a buyer the company has just released news that MJ Acquistions has purchased a significant portion of the automakers assets. The deal puts all supercharger, after market and high performance assets in the hands of MJ Acquisitions. Saleen Inc. will retain ownership of everything relating...
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