Sorry to see such a venerable business whack their own pee-pee's so harshly. From ABC News:
Colt will stop manufacturing AR-15 assault rifle for consumer market
Venerable gun manufacturer Colt says it will stop producing the AR-15, among other rifles, for the consumer market in the wake of many recent mass shootings in which suspects used the weapon.
"At the end of the day, we believe it is good sense to follow consumer demand and to adjust as market dynamics change," Dennis Veilleux, president and CEO of Colt, said in a statement. "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."
Colt is a privately-held corporation (actually an LLC - interesting...) so we can not track their numbers. They did file for bankruptcy in June 2015. I see this bit of pandering as a really stupid move so I am betting that Mr. Veilleux will be looking for work in 3... 2... 1...
Eugene Stoner's design is absolutely wonderful. He and John Moses Browning are in my pantheon. Superb engineering and superb craftsmanship. There are a few other people that are as just as good but these two names are legend.
