Auto-tuning entrepreneur Steve Saleen says he has legally regained use of his name on all his products after a lengthy court battle. On Tuesday, he detailed some of the plans for the company.
Remember the S5S Raptor concept car revealed at the New York auto show in 2008? That is apparently still on the books. While there is no immediate announcement coming, Saleen said he is confident that the S5S, or a car similar to it, will be coming out, though maybe with a different name.
"We're still planning on doing something like that," Saleen said. "That's still a part of our plan. The S5S is still in our planning.
While a new supercar is a ways off, Saleen said you can look for a major new-vehicle announcement in the next 90 days.
"It'll be somewhat of a different direction," Saleen said of the new car.
"You have to recognize this: It's going to take me a while to rebuild the company," Saleen said. "It's going to take a while to get things restructured and put back into where we were five or six years ago. So people need to be a little bit patient because there's a fair amount of restructuring to go in place. The name is just kind of the starting point. My hope is it won't take 30 years like it did the first time."