<p>Filed under: <a href="http://www.autoblog.com/category/aftermarket/" rel="tag">Aftermarket</a>, <a href="http://www.autoblog.com/category/coupes/" rel="tag">Coupe</a>, <a href="http://www.autoblog.com/category/sports/" rel="tag">Performance</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a></p><div align="center"><a href="http://www.autoblog.com/gallery/2010-saleen-435s-mustang/"><img vspace="4" hspace="4" border="1" src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleenresponds.jpg" alt="" /></a><br />
<em><strong><small>Saleen 435S Mustang - Click above for a high-res image gallery</small></strong></em></div>
<br />
It's been an up and down week for Saleen Performance Vehicles, the newly formed company owned by MJ Acquisitions. Just last week <a href="http://www.autoblog.com/2009/07/24/will-the-real-saleen-please-stand-up-saleen-performance-vehicle/">Saleen just launched the 435S</a>, their first model based on the 2010 Mustang, but only days before they were slapped with a <a href="http://www.autoblog.com/2009/07/18/whats-in-a-name-sms-supercars-files-suit-against-mj-acquisitio/">lawsuit filed by Steve Saleen</a> demanding that they stop using the Saleen name.<br />
<br />
While Mr. Saleen claims the lawsuit was filed to "protect the name, reputation and brand value of Steve Saleen", Saleen Performance Vehicles claim they have every right to use the name after purchasing assets from Saleen, Inc. including the "Saleen brand for superchargers, aftermarket parts and high performance vehicles." Despite the lawsuit, SPV plans to continue developing its lineup of performance Mustangs, and should launch a second vehicle some time in the fall. <br />
<br />
As for the lack of warranties for vehicles and parts sold before February of 2009 created by the sale of assets, SPV states that they are "working to resolve past warranty issues and have every intention of going forward with a warranty policy that will provide confidence to all our valued stakeholders." It's a fairly vague statement, but somewhat encouraging and most definitely a step in the right direction. You can read the full statement from Mike Shields, SPV's President and CEO after the jump.<br />
<br />
<br />
<div class="postgallery"><p><strong>Gallery: <a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/">2010 Saleen 435S Mustang</a></strong></p><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_01_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen_pr_profile_copy_sm_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_02_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_03_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_04_thumbnail.jpg" alt="" title="" /></a></div><br />
[Source: Saleen Performance Vehicles]<p><a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/" rel="bookmark">Continue reading <em>Saleen responds to lawsuit, addresses warranty issues</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/">Saleen responds to lawsuit, addresses warranty issues</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 31 Jul 2009 10:57:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/19113784/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/#comments" title="View reader comments on this entry">Comments</a>
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<em><strong><small>Saleen 435S Mustang - Click above for a high-res image gallery</small></strong></em></div>
<br />
It's been an up and down week for Saleen Performance Vehicles, the newly formed company owned by MJ Acquisitions. Just last week <a href="http://www.autoblog.com/2009/07/24/will-the-real-saleen-please-stand-up-saleen-performance-vehicle/">Saleen just launched the 435S</a>, their first model based on the 2010 Mustang, but only days before they were slapped with a <a href="http://www.autoblog.com/2009/07/18/whats-in-a-name-sms-supercars-files-suit-against-mj-acquisitio/">lawsuit filed by Steve Saleen</a> demanding that they stop using the Saleen name.<br />
<br />
While Mr. Saleen claims the lawsuit was filed to "protect the name, reputation and brand value of Steve Saleen", Saleen Performance Vehicles claim they have every right to use the name after purchasing assets from Saleen, Inc. including the "Saleen brand for superchargers, aftermarket parts and high performance vehicles." Despite the lawsuit, SPV plans to continue developing its lineup of performance Mustangs, and should launch a second vehicle some time in the fall. <br />
<br />
As for the lack of warranties for vehicles and parts sold before February of 2009 created by the sale of assets, SPV states that they are "working to resolve past warranty issues and have every intention of going forward with a warranty policy that will provide confidence to all our valued stakeholders." It's a fairly vague statement, but somewhat encouraging and most definitely a step in the right direction. You can read the full statement from Mike Shields, SPV's President and CEO after the jump.<br />
<br />
<br />
<div class="postgallery"><p><strong>Gallery: <a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/">2010 Saleen 435S Mustang</a></strong></p><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_01_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen_pr_profile_copy_sm_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_02_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_03_thumbnail.jpg" alt="" title="" /></a><a href="http://www.autoblog.com/photos/2010-saleen-435s-mustang/low/"><img src="http://www.blogcdn.com/www.autoblog.com/media/2009/07/saleen435s_04_thumbnail.jpg" alt="" title="" /></a></div><br />
[Source: Saleen Performance Vehicles]<p><a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/" rel="bookmark">Continue reading <em>Saleen responds to lawsuit, addresses warranty issues</em></a></p><p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/">Saleen responds to lawsuit, addresses warranty issues</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 31 Jul 2009 10:57:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/" rel="bookmark" title="Permanent link to this entry">Permalink</a> | <a href="http://www.autoblog.com/forward/19113784/" title="Send this entry to a friend via email">Email this</a> | <a href="http://www.autoblog.com/2009/07/31/saleen-responds-to-lawsuit-addresses-warranty-issues/#comments" title="View reader comments on this entry">Comments</a>
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