The company did not mention mass shootings in its statement about stopping production and instead blamed the indefinite pause in making the weapon on a “significant excess manufacturing capacity.”
“Given this level of manufacturing capacity, we believe there is adequate supply for modern sporting rifles for the foreseeable future,” Veilleux said.
The company did not mention “mass shootings” because it had nothing to do with their reason for stopping the production of the AR15. This is an absolute joke of a job of reporting. This is why Americans have absolutely zero faith in MSM.
Colt’s statement to the public.
“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.”
ABC’s spin on the statement.
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
Colt makes a business decision to stop manufacturing a non profitable item which has a flooded market. ABC says they did it because of “mass shootings”. This is how MSM works.