Gun manufacturer Colt is suspending its production of certain rifles, including the AR-15, for the civilian commercial market, though it will continue to supply them to the military and law enforcement entities.
In a statement, CEO Dennis Veilleux cited a glut of “modern sporting rifles” for civilians saturating the market, adding that all of Colt’s manufacturing capabilities will be funneled into its “significant,” “high-volume” military and law enforcement contracts.
“At the end of the day, we believe it is good sense to follow consumer demand and to adjust as market dynamics change,” he wrote. “Colt has been a stout supporter of the Second Amendment for over 180 years, remains so, and will continue to provide its customers with the finest quality firearms in the world.”
Interesting way to have it both ways and play it down the middle.
Either way it’s a start.
Well, most likely the prices will jump, thanks to fears of Obummer revoking the 2nd Amendment, and once the shelves are a bit cleared out they can start cranking them out again.
TRANSLATION: “We have too many fucking UNSOLD ARs in the warehouses and the retailers DON’T WANT THEM.”
Time to find a new group of customers to sell them to (on the black market.)
And the world didn’t end–unfortunately there are lots to be had on the secondary market, and that does not require any kind of real background check right now.
I’m sure they’ll have the MAGA 2020 Trump edition available in time for the holidays.