The VM line draws from a wide range of Fender instruments, and has resulted in a large variety of models with many different feature combinations. S = Samick, E = Young Chang, E letter serial numbers were used on Young Chang's Fenix brand guitars.
Vintage Modified guitar models include Stratocasters, Telecasters, Jaguars, Jazzmasters and Mustangs. The first number following the serial number prefix is the year.
The large Fender logo of the export Squier series was soon changed to a large Squier logo.
Further negotiations between Fender and Japanese guitar factories took place.Until the introduction of the Fender Squier series, Fender had never produced lower priced guitars based on its main Stratocaster and Telecaster models and had always used different model designs for its lower priced guitars.In the late 1970s and early 1980s Fender was facing competition from lower priced Japanese made guitars.Tokai was seriously considered to start building the first Japanese made Fenders, but after a breakdown in negotiations, Fuji Gen Gakki was chosen instead.The initial Squier models were launched on July/August 1982. It was established in 1890 by Victor Carroll Squier in Battle Creek, Michigan. By 1975, Squier became defunct as a manufacturer and a brand name for strings, as Fender opted to market its strings under the Fender brand name. Squier Company manufactured strings for violins, banjos, and guitars.The SQ Squier series was introduced in late 1983 to early 1984.The SQ Squier series was based more on 1970s Fender models and also had USA made pickups installed.Over time, the Squier series slowly evolved to include original model designs and production has moved from Japan to various other Asian countries such as Korea, China and Indonesia.The first Fender Japan models introduced in May 1982 were the 19 series, which were Fender Stratocaster models ST'57-115, ST'57-85, ST'57-65, ST'62-115, ST'62-85, ST'62-65 and the Precision Bass models PB'57-95, PB'57-70, PB'62-98, PB'62-75.