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Last $0.0036 USD
Change Today +0.0013 / 56.52%
Volume 15.9M
SLNN On Other Exchanges
As of 8:10 PM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

saleen automotive inc (SLNN) Snapshot

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52 Week High
06/3/14 - $0.18
52 Week Low
05/21/15 - $0.0020
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saleen automotive inc (SLNN) Details

Saleen Automotive, Inc. designs, develops, manufactures, and sells cars built from base chassis’ of Ford Mustangs, Chevrolet Camaros, and Dodge Challengers; and sports cars worldwide. The company provides muscle and performance cars; performance parts, including automotive aftermarket parts and accessories; motorsports and engineering services, such as the contract design, engineering, and product development services; and lifestyle accessories and apparel through online. It serves muscle and performance car enthusiasts, collectors, automotive dealers, car retail dealers, television and motion picture production companies, and consumers in the luxury supercar and motorsports market. The company offers its products and services primarily through a network of Ford, Chevrolet, and Dodge dealers. The company was founded in 1983 and is headquartered in Corona, California.

31 Employees
Last Reported Date: 06/30/14
Founded in 1983

saleen automotive inc (SLNN) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $335.6K
Chief Financial Officer and Secretary
Total Annual Compensation: $117.3K
General Counsel
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

saleen automotive inc (SLNN) Key Developments

Saleen Automotive, Inc. Announces Resignation of Jonathan Michaels as Member of the Board

On March 3, 2015, Jonathan Michaels resigned from his position as a member of the Saleen Automotive, Inc. Board of Directors and all committees thereof.

Saleen Automotive, Inc. Announces Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

Saleen Automotive, Inc. announced earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, revenue decreased to $536,895 from $1,007,179 for the quarter ended December 31, 2013. Loss from operations decreased to $1,235,240 from $1,269,059 for the quarter ended December 31, 2013. Net loss increased to $2,442,893, compared to $1,539,541 for the quarter ended December 31, 2013. For the nine months, revenue decreased to $3,072,596 from $3,449,875 for the nine months ended December 31, 2013. Loss from operations decreased to $4,292,219 from $4,356,079 for the nine months ended December 31, 2013. Net loss was $1,540,614 compared to $5,117,754 for the nine months ended December 31, 2013. Net cash used in operating activities were $2,127,243 compared to $2,373,185 for the nine months ended December 31, 2013.

Saleen Automotive Ships First Versions of 2015 302 Mustang

Saleen Automotive, Inc. announced that a new generation of Mustang history has begun as the company ships the first versions of the all-new 302 Mustangs from their Southern California production facility. Keeping with the formula that Saleen uses to produce its instantly recognizable vehicles since 1984, these first models are White Label versions and serve as the launch as Saleen ramps up production of the all-new Mustang. The Saleen Advantage As the introductory model to the Saleen 302 model lineup, the White Label touts an incredible list of features in a complete vehicle. The White Label utilizes a 302 cubic inch V8 engine with premium calibration to produce 450 naturally aspirated horsepower. Superior handling on the Saleen 302 is maintained by specific-rate suspension springs and sway bar bushings and links, with traction managed by the staggered 20" wheels and Z-rated tires. Aerodynamics and aesthetics on the Saleen 302 include a high-volume intake grille, quarter window panel, and high downforce rear wing atop a Saleen taillight panel. Akin to the rest of the vehicles that Saleen produces, a limited number of these Mustangs will be produced and each one will receive a serialized number. Saleen is the only manufacturer in the world to offer a vehicle with this much power, remarkable styling, and limited number exclusivity with prices starting in the low $40,000s.


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