Saleen to Stop Building Vehicles by the End of This Year

Revstone Industries, the company that owns Saleen Performance Vehicles, announced today that it will stop all production of vehicles under the Saleen name due to the fact that it is no longer associated with building performance cars, but with the scandals and financial turmoil surrounding it.

Despite this, production of aftermarket pars will continue for the time being through the Saleen Speedlab brand. Thankfully for existing customers, all warranties for cars that have already been sold will be honored.

“Over the past several years, we have witnessed a lot of confusion around the Saleen brand, due to a number of financial ups and downs and accompanying changes in ownership. The name itself has become the center of countless conversations and debates, detracting from the cars themselves, and from the culture of performance that they both embody and serve,” according to an official letter sent to both customers and dealers.

The company says the main reason for the move is related to the confusion surrounding the new firm created by Steve Saleen, SMS Supercars.

“Through our conversations with Ford Motor Company and one another, we have come to feel that those things have become overshadowed by questions surrounding the name. So we want to wipe the slate clean, and usher in a new era of American Muscle. We are confident that, in time, you will agree this was the right decision,” the statement adds.

Revstone wants to continue making performance Mustangs in the future, but the brand under which they will be sold is yet to be determined and will be announced at a later date, according to a company representative.