CSIMarket
 



Saleen Automotive Inc   (SLNN)
Other Ticker:  
 
 



 

What are Saleen Automotive Inc's Business Segments?



High Performance Cars: We are an OEM of customized American sports cars, building them into Saleen-branded performance vehicles through a transformational process in which every part we incorporate into the vehicle is designed, engineered, tooled, tested, manufactured and certified by us or under our control for the entire vehicle. We are currently converting Ford Mustangs, Chevrolet Camaros and Dodge Challengers. The current product line of high performance vehicles includes the Saleen 570 Challenger, the Saleen 302 Mustang and the Saleen 620 Camaro, which are offered as three different models – White, Yellow and Black Labels. We also produce a line of Heritage Collection Cars which are modern Saleen High Performance vehicles designed as replicas of past iconic race cars from the SCAA Trans-Am Racing lineage. In early 2015, we released an update to our Saleen Mustang product line in response to the 2015 Ford Mustang new model.

Performance Parts: We manufacture and distribute specialty automotive aftermarket parts and accessories designed for and used in our current and past high performance vehicles to our base of loyal Saleen automotive enthusiasts in the U.S. and overseas. Additionally, many of these parts and accessories are marketed and sold to the owners of Ford Mustangs, Chevrolet Camaros and Dodge Challengers.

Saleen GTX: During our fiscal year ended March 31, 2015, we designed, engineered, tooled, tested, and manufactured performance improvement parts designed to incorporate and enhance the performance and design of an existing Tesla Model S car. The Saleen GTX design is our first effort in enhancing and modifying the design of an existing electric vehicle. Similar to our Saleen line of high performance vehicles, our design improved the level of performance of the Tesla Model S car primarily through aerodynamics, body and suspension changes incorporated into an existing Tesla Model S. We take existing customer owned Tesla Model S vehicles and enhance their vehicle with Saleen proprietary designed and manufactured product enhancements. We also sell our designed Saleen GTX parts as aftermarket parts.

American Supercars: We are currently designing an American supercar that we anticipate would be manufactured and sold through our Supercars division and our retail stores. The term supercar describes an expensive (approximately $250,000 or more), limited production, fast or powerful (capable of reaching speeds in excess of 180 miles per hour) sports car with a centrally located engine. There are supercar models built by foreign manufacturers including Lamborghini and Ferrari.

Retail Distribution Outlets: While we presently do not have any retail stores in operation, we intend to open a network of retail branded stores that will become a primary sales channel for our high performance vehicles, supercars and aftermarket parts and accessories. The concept of this store is based on a location inside a major retail mall whereby customers can see floor models of our vehicles and purchase parts and accessories. Customers interested in purchasing a vehicle may arrange to test drive vehicles that will be parked nearby. A buyer of our cars will meet with a sales representative to custom select the vehicle model, colors, upgrades, and place the order. Saleen apparel, presently sold online, is branded under the Saleen Lifestyle, Saleen Performance, Saleen Racing and Heritage marquees. We intend to operate these stores in high traffic malls in major cities where Saleen has a customer base, such as Orange County, Los Angeles, San Jose, Miami and other locations.

Motorsports & Engineering Services: We provide contract design, engineering and product development services, which have included working with major Hollywood movie producers where we developed and manufactured working replicas of high performance vehicles and racing “supercars” featured in such films as “Need for Speed” and “Bullet”. During the year ended March 31, 2015, we did not have any contracts for our design, engineering or product development services.

Battery Electric Vehicles: We plan to develop a line of electric battery electric vehicles (or BEVs) for commercial and consumer oriented applications, utilizing the same mass-customization process used with our high performance vehicles and existing facilities to overlay the BEV design on selected new OEM automobile chassis designed for internal combustion engines. Our business strategy in this BEV market is to utilize certain models of Ford, Chevrolet or Dodge vehicles that are mass produced as the base chassis’ of the vehicles that we will convert into BEV’s by installing electric drive systems. Due to our current funding constraints, we do not plan to start the development of this product until we are able to raise additional funding from debt or equity sources. The factors that we may consider in determining whether to pursue this product line are (1) commercial price point for the electric vehicle, (2) range of the vehicle, (3) market opportunity for the product line, (4) costs of developing a sales distribution network, (5) market size and growth potential and (6) profitability of the product line. Once we have completed our product development and testing process, we will further consider what steps we will take, budget we will require, and funding we will pursue to develop our battery electric vehicle business. There is no guarantee that we will have sufficient funds to develop our battery electric vehicle business line.
   

Saleen Automotive Inc Tax Rate Companies within the EV, Auto & Truck Manufacturers Industry


Business Segments Q3
Revenues
(in millions $)
Q3
Income
(in millions $)
(Dec 31 2019)
%
(Profit Margin)
Total 3.46 0.25 7.12 %

Growth rates by Segment Q3
Y/Y Revenue
%
(Dec 31 2019)
Q/Q Revenue
%
Q3
Y/Y Income
%
(Dec 31 2019)
Q/Q Income
%
Total 526.7 % -70.81 % - -68.84 %

To get more information on Saleen Automotive Inc's Total segment. Select each division with the arrow.


Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com