SAI being sued over non-payment of CF parts

GT500-07

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Jan 22, 2008
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Plasan Carbon Composites, a leading supplier of Carbon Fiber parts for OEM’s and aftermarket companies filed a lawsuit on December 17th in the U.S. District Court of Vermont claiming Shelby Autos has refused to pay for Carbon Fiber Parts manufactured and delivered by Plasan back in 2008.

In the suit Plasan claims they manufactured 1,747 sets of Carbon Fiber parts for the Shelby GT500KR and delivered them to Shelby Autos starting in April of 2008 and completing delivery in December of 2008. Each set of Carbon Fiber parts include a Shelby GT500KR hood, front splitter and left and right mirror cover. The four Carbon Fiber parts that make up each set are said to cost $3,800 according to court documents. That would make a total of $6,638,600.00 in parts that were not paid for. Yes thats $6.6 Million dollars.

The cost of the Carbon Fiber parts brings to light another dispute involving Shelby Autos when they were trying to charge a GT500KR owner $20K+ to replace the Carbon Fiber hood. What a markup they had.

Shelby Autos Being Sued over Non-Payment of GT500KR Carbon Fiber Parts | Ford Mustang Heaven
 
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