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Vector Aeromotive Corp

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CALIFORNIA | LOCAL
September 15, 1993
The maverick sports car designer who in March locked a coup-minded board of directors out of his Vector Aeromotive Corp. was ordered to give up control of the company. Gerald A. Wiegert, creator of the $450,000 cars, had maintained in court for five months that the directors had no right to fire him from the company he founded. But Superior Court Judge John Zebrowski ruled that the directors can oust Wiegert, though he has the right to sue them on grounds they breached his contract.
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CALIFORNIA | LOCAL
September 15, 1993
The maverick sports car designer who in March locked a coup-minded board of directors out of his Vector Aeromotive Corp. was ordered to give up control of the company. Gerald A. Wiegert, creator of the $450,000 cars, had maintained in court for five months that the directors had no right to fire him from the company he founded. But Superior Court Judge John Zebrowski ruled that the directors can oust Wiegert, though he has the right to sue them on grounds they breached his contract.
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BUSINESS
March 25, 1993 | From Associated Press
Vector Aeromotive Corp.'s founder, ousted as chief of the "super car" builder, was holed up in his Los Angeles-area office Wednesday after seizing the factory and headquarters in a standoff with new management and the Indonesian investors who control the company. Gerald A. Weigert, whose "performance collectibles" cars are built with materials and instruments borrowed from spaceships and fighter jets, had been given until the weekend to step aside in a face-saving manner.
CALIFORNIA | LOCAL
April 7, 1993 | SCOTT HARRIS, TIMES STAFF WRITER
The embattled founder of Vector Aeromotive Corp.--creator of limited-edition, high-performance cars with $450,000 price tags--won a battle Tuesday in his colorful bid to retain control of his financially troubled company. A Superior Court judge ruled that the company's board of directors did not give Gerald A. (Jerry) Wiegert proper notice of their intention to oust him. But even Wiegert's attorney acknowledged that massive management problems beset the corporation.
CALIFORNIA | LOCAL
April 7, 1993 | SCOTT HARRIS, TIMES STAFF WRITER
The embattled founder of Vector Aeromotive Corp.--creator of limited-edition, high-performance cars with $450,000 price tags--won a battle Tuesday in his colorful bid to retain control of his financially troubled company. A Superior Court judge ruled that the company's board of directors did not give Gerald A. (Jerry) Wiegert proper notice of their intention to oust him. But even Wiegert's attorney acknowledged that massive management problems beset the corporation.
CALIFORNIA | LOCAL
March 27, 1993 | SCOTT HARRIS, TIMES STAFF WRITER
A maverick entrepreneur who created the $450,000 Vector "supercar" and is now waging an unorthodox battle to retain control of the company he founded won a reprieve Friday when a Superior Court judge questioned whether the company's directors had abided by the terms of his contract in firing him last week as president. The curious case of Gerald A. (Jerry) Wiegert, who earlier this week hired armed guards to turn away the directors and employees of the beleaguered Vector Aeromotive Corp.
CALIFORNIA | LOCAL
March 26, 1993 | SCOTT HARRIS, TIMES STAFF WRITER
Within the automotive world, he's been compared to such colorful dreamers and schemers as Preston Tucker and John DeLorean. But now Gerald A. (Jerry) Wiegert, the maverick maker of the $450,000 Vector "super car," invokes the images of Texas cult leader David Koresh and the president of Russia in trying to explain exactly why he has changed the locks at his Wilmington headquarters, hired armed security guards and is hunkered down in a desperate bid to keep control of the company he founded.
BUSINESS
June 11, 1990 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
The Vector is Jerry Wiegert's dream car: It is his fighter plane without wings, his Rolex with wheels. Fans of the Vector--the term is defined in promotional literature as "a quantity with force, velocity and direction in space"--see one of the fastest, safest street cars ever designed. Skeptics look at the sleek, dark prototype for the $250,000 Vector and see a 12-year-old automobile that has logged more than 300,000 miles and three crashes.
BUSINESS
February 6, 1997 | Times Staff and Wire Reports
Los Angeles-based Times Mirror Co. said Bonnie Guiton Hill has been elected a vice president and was named president and chief executive of the Times Mirror Foundation. . . . Santa Monica-based Tradelink International said it intends to purchase Vector Aeromotive Corp. Terms were not disclosed.
BUSINESS
May 13, 1994 | JAMES F. PELTZ, TIMES STAFF WRITER
Vector Aeromotive Corp., the Wilmington sports car maker that made headlines a year ago when its founder barricaded himself in his office in a losing bid to keep control of the company, plans to move to Jacksonville, Fla., a Vector executive said Thursday. Vector this year will move close to the offices of Lamborghini USA, the U.S. sales arm for the Italian sports car company, said Robert A.
CALIFORNIA | LOCAL
March 27, 1993 | SCOTT HARRIS, TIMES STAFF WRITER
A maverick entrepreneur who created the $450,000 Vector "supercar" and is now waging an unorthodox battle to retain control of the company he founded won a reprieve Friday when a Superior Court judge questioned whether the company's directors had abided by the terms of his contract in firing him last week as president. The curious case of Gerald A. (Jerry) Wiegert, who earlier this week hired armed guards to turn away the directors and employees of the beleaguered Vector Aeromotive Corp.
CALIFORNIA | LOCAL
March 26, 1993 | SCOTT HARRIS, TIMES STAFF WRITER
Within the automotive world, he's been compared to such colorful dreamers and schemers as Preston Tucker and John DeLorean. But now Gerald A. (Jerry) Wiegert, the maverick maker of the $450,000 Vector "super car," invokes the images of Texas cult leader David Koresh and the president of Russia in trying to explain exactly why he has changed the locks at his Wilmington headquarters, hired armed security guards and is hunkered down in a desperate bid to keep control of the company he founded.
BUSINESS
March 25, 1993 | From Associated Press
Vector Aeromotive Corp.'s founder, ousted as chief of the "super car" builder, was holed up in his Los Angeles-area office Wednesday after seizing the factory and headquarters in a standoff with new management and the Indonesian investors who control the company. Gerald A. Weigert, whose "performance collectibles" cars are built with materials and instruments borrowed from spaceships and fighter jets, had been given until the weekend to step aside in a face-saving manner.
BUSINESS
June 11, 1990 | NANCY RIVERA BROOKS, TIMES STAFF WRITER
The Vector is Jerry Wiegert's dream car: It is his fighter plane without wings, his Rolex with wheels. Fans of the Vector--the term is defined in promotional literature as "a quantity with force, velocity and direction in space"--see one of the fastest, safest street cars ever designed. Skeptics look at the sleek, dark prototype for the $250,000 Vector and see a 12-year-old automobile that has logged more than 300,000 miles and three crashes.
CALIFORNIA | LOCAL
September 23, 1990 | GREG KRIKORIAN, TIMES STAFF WRITER
The world's oil prices are in flux. America's economy is sputtering. And Jerry Wiegert is just starting deliveries on a 200-m.p.h. car priced at $250,000. Not to worry, says Wiegert, president of Vector Aeromotive Corp. in Wilmington and designer of its pricey super-car, the Vector W8. "Even during the Depression," he said, "there was a certain segment of the population that could afford the Duesenbergs and the Packards and the Bugattis."
NEWS
October 4, 1990 | GREG KRIKORIAN, TIMES STAFF WRITER
The world's oil prices are in flux. America's economy is sputtering. And Jerry Wiegert is just starting deliveries on a 200-m.p.h. car priced at $250,000. Not to worry, says Wiegert, president of Vector Aeromotive Corp. in Wilmington and designer of its pricey super-car, the Vector W8. "Even during the Depression," he said, "there was a certain segment of the population that could afford the Duesenbergs and the Packards and the Bugattis."
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