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SOURCE Saleen Automotive, Inc.
CORONA, Calif., Jan. 14, 2014 /PRNewswire/ -- Saleen Automotive, Inc. (OTCQB: SLNN), (OTCBB: SLNN) (the "Company"), an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel, is pleased to report that the Company's planned Supercar has been featured prominently in this month's edition of Motor Trend, a leading magazine for the automotive enthusiast.
The full-color, multi-photo spread with the headline "New Saleen Supercar Coming" notes the provenance of the new car which is expected to hit roads within two years and compete in performance and price with the Ferrari 458, McLaren 12c and Lamborghini Gallardo.
"We are thankful to Motor Trend for bringing attention to our effort to create the next generation of American supercar," stated Steve Saleen, CEO, Saleen Automotive Inc. "We fully intend to fulfill on the promise that comes with the Saleen name and brand and to create a vehicle of rare speed and style. This car, once completed, will present an important part of the ever-growing Saleen family that now includes Mustangs, Challengers, Camaros and an exciting electric vehicle design."
"I'd like to note that while the car featured in the article is an earlier prototype, we intend to update the public when new renderings are available," added Saleen.
For more information and updates visit the following online locations:
Company website: www.saleenautomotive.com.
About Saleen Automotive, Inc.
Saleen is an American specialty manufacturer of high performance vehicles, technical performance parts, lifestyle accessories and apparel. Founder Steve Saleen has continually set the bar for automotive design and performance engineering in both street and racing applications. Saleen plans to utilize its existing strategic partnerships and dealer network to refine its design and engineering prowess, continue development of emerging automotive technologies, and expand its presence nationwide with a combination of automotive retail services, aftermarket parts and new vehicle sales to build significant long-term value. Learn more at www.saleenautomotive.com.
Information about Forward-Looking Statements
This press release contains "forward-looking statements" that include information relating to future events and future financial and operating performance. The words "may," "would," "will," "expect," "estimate," "can," "believe," "potential" and similar expressions and variations thereof are intended to identify forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which that performance or those results will be achieved. Forward-looking statements are based on information available at the time they are made and/or management's good faith belief as of that time with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause these differences include, but are not limited to: fluctuations in demand for the Company's products, the introduction of new products, the Company's ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of the Company's liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in the Company's filings with the United States Securities and Exchange Commission. An example of such forward looking statements in this press release include statements regarding the Company developing and completing a new supercar project. For a more detailed description of the risk factors and uncertainties affecting Saleen Automotive, please refer to the Company's recent Securities and Exchange Commission filings, which are available at www.sec.gov. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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