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Microcap & Penny Stocks : VCAR - Vector Aeromotive
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To: Anthony Ho who wrote (16)6/6/1996 9:41:00 PM
From: Anthony Ho   of 431
 
To All:World wide demand for the Vector M12 is outstripping production capacity. From Business Wire - June 5, 1996; 4:07 PM.

Follows is a press release announced by Vector Aeromotive.

JacksonVille, Fla -- (AutomotiveWire)--June 5, 1996 --Vector Aeromotive Corp. (NASDAQ:VCAR), the only exotic sports car manufacturer in the U.S.,Wednesday announced that it is experiencing remarkably strong market acceptance for its exciting new $184,000 mid-engined M12.

Vector President Peter Rose reported:"Demand has outstripped production for at least the next 6 months, and it appears that it will continue into the foreseeable future. We have had serious inquires for as many as six cars a day which represents much more than $1M worth of business to us.

"We are making substantial increases in the efficiency of our production and supply systems in order to reach our interim goal of producing four cars per month. Capacity will then be increased to 12 cars a month before the middle of 1997 in order to satisfy worldwide demand."

Vector Aeromotive Corp. is a publicly traded (NASDAQ:VCAR), exotic sports car manufacturer headquartered in JacksonVille. Its manufacturing facilities are located in nearby Green Cove Springs, Fla.

Business Wire. All rights reserved.
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