Colt will stop manufacturing AR-15 assault rifle for consumer market

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

Business News News

Business Business Latest News,Business Business Headlines

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

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.

"Given this level of manufacturing capacity, we believe there is adequate supply for modern sporting rifles for the foreseeable future," Veilleux said. Nikolas Cruz, who confessed to killing 17 students and teachers at Marjory Stoneman Douglas High School in Parkland, Florida, on Feb. 14, 2018, used an AR-15-style gun.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

And I will no longer do business with Colt.

Been a long time since I read good news.

Walmart spoke. They listened.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AR-15: Colt suspends production of guns for civilian marketThey just can't say 'our rifles are overpriced and we can't compete.' Publicly Define: Oversaturated. I won’t buy colt then. Colt anything. ColtFirearms lost me.
Source: USATODAY - 🏆 100. / 63 Read more »

Colt will stop making AR-15s for civilian sale, says there's already plenty on marketThe gun-maker said the decision is purely market-driven and made no mention of any public pressure over the AR-15's use in several mass shootings. Colt says there is already an 'adequate supply' of their killing toy in the market. Yes Colt - we know. Timcast ☝️☝️☝️ TananariveDue THANK YOU, COLT!!!
Source: MSNBC - 🏆 469. / 51 Read more »