Sad, but not really surprising. I don't think I've ever heard anyone say, "man I really want that new Colt." The only Colt handguns anyone buys were made pre 1975.
Now, unable to compete in the modern firearms market, Colt may soon be just another corporate casualty.
Hasn't this happened before to them?
Hasn't this happened before to them?
Is it Colt Firearms that's in trouble or Colt Industries as a whole?
My thought as well.Is it Colt Firearms that's in trouble or Colt Industries as a whole?
Years ago folks lost shame in going bankrupt. Society changed, industries IMHO now see it as a great way to save $.
So..............the bankruptcy legit or just an automotive company tactic?
Colt should move to Indiana, create jobs here. And built solid products again, including a new Python.
Amen brother. Indiana would be a great fit for Colt. We've got plenty of room up here in NWI by the water - just sayinColt should move to Indiana, create jobs here. And built solid products again, including a new Python.
And stop thinking the product is 'automatically worth more' because it has 'Colt' stamped on it.
they could do like smith &wesson did. and have them assembled in japan.
How would having Howa build Colt guns save money? Not tracking here.
Colt has done this, remember when they partnered with Sauer?
Colt needs to lower overhead, that means leaving the Northeast and union shops.