Filed under: Aftermarket , Performance 2010 Saleen S281 – Click above for high-res image gallery Revstone Industries, the parent company of Saleen Performance Vehicles , announced today that it will no longer produce vehicles under the Saleen name, although it will continue to produce aftermarket parts through the Saleen Speedlab brand and honor warranties for all existing vehicles. The company cited the confusion and controversy with Steve Saleen’s company, SMS Supercars , as the main reason for stopping production of Saleen-branded vehicles. In a letter to their customers and dealers, SPV said the following: 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.

See original here:
Saleen announces plans to stop building vehicles by end of 2011