WTF.....Colt halts civilian sales of long guns.

[SCULLY]

https://www.thetruthaboutguns.com/colt-halts-sales-of-long-guns-to-the-retail-market/

Do these guys think Bankruptcy is fun ?

Mike

PS.......sorry if link does not work as I am on wife's mini iPad and it is a pain , iPad too lol.

 

[call2arms]

That is bad news

 

[Brutus]

Is a total repeat of the 1990s!
No civilian ARs because the sand box wars kept them in the black & they discontinued the Concealed Carry Magnum and Anaconda at the same time.

It's time (once again) for Colt to revisit that chapter between ten and twelve!

 

[SteelFlint]

I feel no loss. They've not commanded any presence in the retail market and there are nicer, and better, ARs out there from other makes for less money.

It sucks to loose another manufacturer, but you know what much like HK the competitive market will fill that hole with other players sooner than later. Innovate or die. It's that simple to me.

 

[greentips]

What military contracts? They won the GPMG contract awhile ago but that's the end of it.

They have no dibs in the future of small arms - Colt is not in any of the races. They can't even put 6 holes in the stock extension tube. SIG USA is the Colt of this generation.

If they are smart, they will close that factory in Connecticut - sell the land and the inefficient workforce, negotiate for tax incentive with a new state like South Carolina and re-establish in a smaller scale, and make Colt Canada Designs. AR15 is not going anyways, but not in the form of M4 in its 2003 Sopmod 1 configuration.

 

[jw8]

who ever came up with this, is too stupid for his/her own good.

I agree with above sentiments, chapter 11 in no time.

 

[twyeh]

Waiting on FNUSA or SIGUSA to swoop in, hell even PSA to buy them up.

 

[Gao]

not in the form of M4 in its 2003 Sopmod 1 configuration.

Ironically, I think if they sold this exact configuration with all the period correct accessories they would make a nice amount of money as a civilian retro series

 

[TacticalTeacher]

I guess they never learned from their past....

No civilian sales means Chapter 11 bankruptcy. Relying on Mil Sales/Contracts ain’t always a sure thing.

Oh well...

Good thing we got Colt Canada / Diemaco goodies! Ha ha ha ha

Cheers, Barney

 

[can14]

Stag was voted as close to colt quality Colt will never learn

 

[Jarvy]

Looks like they accepted what we all already knew: They can't compete.

 

[Sinasta]

Colt is just like Ford and GM during the bailouts. Rested on their name and boomers while other companies innovated.

 

[NeonGreen]

that sucks for the colt name but its hard to feel sorry for people who make the same mistake over and over but never learn

 

[johnamillertime]

That must be why Colt Canada was also impacted somewhat with reductions to r&d and quality assurance.

 

[bananarama]

some kinds of stupid just cant be fixed...

good luck in bankruptcy court and in laying off your workforce.

 

[Onagoth]

There are dozens of other manufacturers that will step in

 

[Ebola]

Colt is just like Ford and GM during the bailouts. Rested on their name and boomers while other companies innovated.

Ummm Ford never took a bailout. They restructured before the 2009 recession and avoided doing so. You might be thinking Chrysler and GM.

 

[r34skyline]

That's unfortunate...

 

[Galt]

Isnt happening.. Jim Wilson posted on his FB that it's not true

 

[Rebel Rouser]

Stag was voted as close to colt quality Colt will never learn

Stag/CMT did a lot of sub contracting for Colt. They made all their M203. Last I heard all Colt was making were the lowers and barrels. All the stamped "C" uppers were made by CMT.