Saleen Automotive is a specialty manufacturer of high
performance vehicles, technical performance parts, lifestyle accessories and
apparel. By continually setting the bar for automotive design and performance
engineering in both street and racing applications, the company has established
a presence among the top specialty automotive brands in the world. Saleen
currently manufactures a collection of innovative vehicles based on some of the
country’s most popular automobile models – including the Ford Mustang,
Chevrolet Camaro and Dodge Challenger.
Since its initial release in 1984, Saleen’s
performance-based take on the Ford Mustang has been among the company’s most
successful and recognizable offerings. In February, Saleen built upon this
tradition by shipping the first version of its all-new 302 Mustang. A month
later, the company unveiled the 2015 Saleen S302 Black Label, which is hailed
as the most powerful production Mustang ever produced. Through the release of
these models, Saleen will look to capitalize on what’s expected to be a strong
year for the automotive industry, according to Bloomberg.
“These are the best Mustangs I have ever built,” Steve
Saleen, chief executive officer of Saleen, stated in a news release. “We are in
for a thrill ride as this car will take us to levels we have never seen
before.”
In recent months, Saleen has shown versatility in meeting
the evolving demands of the automotive industry by entering the electric vehicle
market. The company’s all-electric FOURSIXTEEN is based on the Model S by Tesla
Motors (NASDAQ: TSLA). With this model, Saleen combines the industry-leading
mileage efficiency of Tesla’s original design with an array of features that
make the vehicle faster, more stylish and more comfortable for both driver and
passengers.
“By dramatically improving the aerodynamics, suspension,
braking and drive train we are able to create a car that accelerates quicker
with vastly improved handling,” continued Saleen. “It is truly exceptional.”
Last month, the company made significant progress toward
improving its financial results when it expanded an existing marketing and
distribution agreement with GreenTech Automotive, Inc. to include intellectual
property licensing rights. Through this partnership, Saleen will look to
introduce its brand and product distribution into the thriving Asian market,
providing a channel for potentially massive sales growth moving forward.
According to JD Power, China’s automotive market is currently the largest in
the world, with more than 19.7 million new cars sold in 2014.
For prospective shareholders, Saleen could represent a
rewarding investment opportunity in the months to come. Look for the company to
continue leveraging its reputation for style and performance in order to
promote strong sales figures in the future.
For more information, visit www.saleenautomotive.com
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