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Reply to "VS Arizona Bankruptcy? - Big Rumors Floating Around Today"

To Jon T, no, these were cars in the front showroom that had been there for months - I had been told previously they were customer cars, they had plates on them; one was from a guy who returned his car to have them do an EV conversion.

From the outside we could not see into the shop in the rear. I know from being in there 3 weeks ago there were a good half dozen cars in process in the shop and the regular comment was they were awaiting engines (I believe they were shy on engine casings). There's no telling whether those cars are also trapped in there, along with tools and fixtures. There are still decorations on the walls and Matt's personal classic stock car (an old Studebaker GT Hawk) is sitting outside in the parking lot. It looks like a sudden closing with no notice so I suspect the shop might look much like I saw it.

As for your question on run rate, they said they were producing 5-6 cars per month pre-Covid, and then when parts shortages occurred they were squeezing out 1-2 per month. Matt told me this but I heard the same in the shop, so I actually believe that.

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