Steve Saleen’s SMS Supercars increases vehicle production with the release of the SMS 302 White, Yellow and Black Label Mustangs. The expanded model lines are a tribute to his racing heritage colors, marketed under the White, Yellow, and Black Labels.

The SMS 302 White Label is normally aspirated, making 440 horsepower, with performance suspension, exhaust, interior ergonomics and exterior styling.

These factory assembled vehicles represent a volume expansion. SMS Dealers are enthusiastic with the release of these new model lines supporting increased production and sales. SMS Supercars is pleased to announce a MSRP of $35,540 (plus transportation, tax, title, registration) for this 440 horsepower normally aspirated vehicle; the White Label SMS 302 representing an astounding price for a complete high performance vehicle. Read more!

The first Saleen vehicle launched this year, following the successful launches of the 435S and S281 in 2009, is the 2011 Saleen S302, which will make its official debut this weekend at the Carlisle Ford Nationals. Based on the 2011 Ford Mustang 5.0, the S302 is available in both coupe and convertible body styles

“We’ve taken high performance vehicles to the next level with this S302 Saleen,” Michael Timarac, Brand Manager, Saleen Performance Vehicles, said in a release. “The S302 is being built now and will be in dealerships in the coming weeks. I’m proud of this product and those who value performance vehicles will agree that the S302 is one of the best American exotic vehicles available on the market.”

Saleen Performance Vehicles announced it is preparing the new 2010 S281 convertible for public debut this weekend at the Fabulous Fords Forever! The event will be hosted at Knott’s Berry Farm in Buena Park, California. According to the black S281, Saleen will also show off with a silver coupe and the Saleen 435S.

It is a well-know fact that the S281 is based on the 2010 Ford Mustang plus the Saleen tradition of limited-edition, high-performance vehicles “for enthusiasts who are looking for an exhilarating driving experience, with refined drivability for real-world road conditions.”

The power unit is the 4.6-liter V8 engine, complete with a Saleen Series VI.5 twin-screw supercharger and dual-stage intercooler, producing 485 hp and 460 lb.-ft. of torque. It’s equipped with a short-throw, five-speed manual transmission and a limited-slip differential with 3.73:1 final drive ratio.

Saleen Performance Vehicles, based in Michigan, is currently displaying two of its latest contraptions at the 2010 North American International Auto Show (NAIAS) in Detroit. The visitors at the booth will take a closer look at the Saleen 435S and the Saleen S281, both based on the 2010 Ford Mustang.

The Saleen 435S was the first vehicle launched under Saleen’s new ownership, following the purchase of Saleen Inc. in 2009, debuting as part of the Special Vehicle Team Owners Association’s annual “Mustang Week” event.

Dynamic in Form and Function.

Low, supple, muscular, with exquisite sculptural detailing. This car radiates power and agility. And under its sinuous exterior the S281 delivers exhilarating driving dynamics. The supercharged, 475-horsepower V8 engine takes care of the transmited power. Nimble, precise handling from its new, Saleen Racecraft coilover suspension system with fully adjustable damping.

Saleen S281: It’s all about breathtaking performance, with a comfortable and compliant ride.