What I love is how the focus is always the current CEO Steve Saleen taking the beating.
Let's rewind back to 2003 when the company needed an investment which is when Hancock park became majority owner of Saleen inc. Steve owned less then 10% to make everything work and be able to fund the new opportunities that Saleen Inc had.
So everything is going well, making well over 1000 cars a year. 2007 is another great year with the 500 Parnell Jones cars produced and sold along with the other models.
Then this is where it gets bad for Steve. The investment group had one vision for Saleen and Steve had another. Because Steve felt the vision they had wasn't a good choice for the company he resigned. Of course of it was a 50-50 ownership it wouldn't have gone this way. But that wasn't the case.
So what happens? Hancock park moves forward with there great vision... Making cars look like crap and not what a Saleen vehicle is at all. And guess what, they ended up closing up shop, having a fire sale of anything they could and filing for bankruptcy. Now this all happened AFTER Steve resigned from Saleen Inc and had NOTHING to do with him. There vision obviously wasn't right or they would have made it. Steve was around when they were producing over 1000 cars a year and then he leaves and the company goes down the toilet!
Now there might be different "opinion" of what happened but this IS what happened!
Steve is a man that works his butt off every day of the week to make the NEW Saleen Automotive work.
Everything is falling right into place for the new Saleen to be very successful.
Any new company has growing pains. I feel that most of the growing pains are past us now and the focus will be producing the best looking, fastest production vehicles they can.
I know there will probably be a few bumps in the road left BUT I still feel that 2015 will be one of the BEST years yet that Saleen Automotive has had.
