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Today, Michael Boyle, CEO and President of the Vectrix Corporation sent out a memo to their current dealer base informing them of "recent changes to our field staff and internal corporate support organization". It appears that, like most other vehicle manufacturers, Vectrix is implementing a cut back strategy to protect itself in the current economic environment. With Vectrix marketing a more expensive scooter in these times of $2 a gallon gas, I imagine Vectrix has felt the post 2008 gas spike like no other scooter manufacturer even with the increased green awareness the country is feeling.
Despite the cutback announcement, Vectrix went on to reassure current dealers that they will continue to receive the same high level of support from the company during these lean times, and that dealers should continue to keep they're eyes out for the new VX2
Vectrix is still actively seeking new dealers around the country. We're hoping they can hang in there at least until after the current oil glut runs dry and demand begins to pick back up.
