Clarification: Saleen Operating Assets Not For Sale

Nov 10, 2015

The Nov. 10 headline, “Saleen’s Total Assets For Sale,” printed in THE SHOP’s eNewsletter and website was incorrect. The headline was edited to its corrected form to say, “Former S7 Assets For Sale.”

Further clarification indicates that Saleen is still in business, producing vehicles from its plant in Corona, California. The company, in fact, is currently working on the S7 successor model. The sale offered by GA Global Partners is unrelated to Saleen’s currently held assets. The assets up for auction come from a collection of independent investor assets acquired through the years, according to Saleen.

THE SHOP regrets the confusion caused by reporting this news release.