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BUSINESS
December 22, 2004 | Annette Haddad, Times Staff Writer
So what kind of sports car do you get for $140,000? One with a 550-horsepower engine, classic styling -- and the potential to careen out of control because of a busted part. Ford Motor Co. confirmed Tuesday that it was recalling all 448 of its much-ballyhooed 2005 GTs, updates of the legendary Le Mans-winning race car, to fix a component in the suspension system.
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BUSINESS
December 27, 1996 | John O'Dell
Mustang modifier Saleen Performance Inc., which turns Ford's pony car into a snorting stallion, has bowed to the inevitable and entered the leasing business. Used to be, you could only purchase a new Saleen Mustang at one of the handful of Ford dealers the Irvine-based performance car shop has licensed as Saleen outlets.
BUSINESS
August 19, 2000 | JOHN O'DELL, TIMES STAFF WRITER
The number of California auto manufacturers will double this morning as performance-car tuner Steve Saleen--clearly focusing on the new high-tech and energy wealthy of the world--unveils an all-new "American super car" he says he will build and sell from his headquarters in Irvine.
CALIFORNIA | LOCAL
May 3, 2003 | Jennifer Mena, Times Staff Writer
While the family of a 74-year-old woman killed by a drag racer on a busy Santa Ana boulevard mourned Friday, neighbors of the crash site say they are routinely troubled by motorists who use local streets to race. The fatality on South Bristol Street was believed to be at least the 12th from drag racing on Orange County streets and highways since August 2001.
BUSINESS
June 9, 2007 | Martin Zimmerman, Times Staff Writer
Steve Saleen made his name selling hyperfast, hyperexpensive cars that were hand-built at his company's Irvine factory. The auto industry will be watching to see how that high-end expertise translates to Saleen's new career: running a company that aims to import the first Chinese cars to the American market. The former race driver is the new chief executive of Irvine-based ZX Automobile Co. of North America Inc., which was formed to import low-priced cars and trucks from China.
BUSINESS
August 21, 2000 | JOHN O'DELL, TIMES STAFF WRITER
The world's newest automobile--a thunderous blending of high-tech materials, computer-assisted design and engineering, and old-fashioned horsepower--will be built in Southern California by a firm whose heart may be planted firmly in the world of high-performance motoring but whose head is exploring the wonders of cyberspace. The car, unveiled Saturday at Monterey's famed Laguna Seca Raceway, is the Saleen S7.
BUSINESS
August 21, 2004 | John O'Dell, Times Staff Writer
One after another in recent years, the big Detroit car companies have moved operations west. General Motors Corp. launched an advanced design studio in North Hollywood, for example, and Ford Motor Co. relocated the North American headquarters of its Jaguar, Aston Martin, Volvo and Land Rover brands to Irvine. This week, exotic-car builder Saleen Inc. of Irvine went the other way. It opened a state-of-the-art plant in a former door factory in Troy, Mich.
BUSINESS
September 2, 2003 | John O'Dell, Times Staff Writer
It might be the ultimate product placement. In the hit movie "Bruce Almighty," actor Jim Carrey's character trades places with God and has his pick of the world. His choice for a car: the sleek, carbon-fiber two-seater Saleen 7. No one was happier about that than Steve Saleen and his 125 employees in Irvine, where the $395,000 S7 is painstakingly hand-built alongside the explosively fast Saleen Mustang, Saleen Inc.'s staple product.
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