Colt in Trouble

[Buff]

Looks like Colt is in financial trouble, after 160+years will this be the end of a era or will they become another name in a portfolio like many of the other industry giants have.

http://www.colt.com/ColtintheMedia/P...ded-Terms.aspx

[vossman]

Get em while you can.

[Mtn.man]

Heh, I posted this last year, the year before, the year before.
Colts in trouble every year but they get bailed out at the last minute.
This year maybe I will bail em out.

[Bailey Guns]

They narrowly averted a bankruptcy in Nov 14. This is sad news. But it's a new world and competition is tough. A company always needs to be on it's "A" game to stay around...even Colt.

[BPTactical]

Anxiously awaiting Obammy to bail them out ala GM............

[Richard K]

Anxiously awaiting Obammy to bail them out ala GM............

Obammy bailing out a gun manufacturer. Color me surprised if he does. Glad I got my XSE Commanders in 9 mm and .45 before the bottom falls out. Warranty repair? Not counting on it.

[ben4372]

Colts are fine guns, they just seem to appeal to an older crowd. Most of this may be caused by the price being higher than most others. And the fact that the plastic mainspring housing cracked on my Delta is a bit of crap. They need to make something as refined as the Ruger 1911, at about the same price. Or I'd by a Peacemaker if the were under a grand.

[kidicarus13]

They narrowly averted a bankruptcy in Nov 14.

Colts are fine guns, they just seem to appeal to an older crowd.

The WWI, WW2, and Vietnam crowd. Fine guns but a little overpriced due to sentimental reasons IMHO... especially their 1911's

[davsel]

Colts are fine guns, they just seem to appeal to an older crowd. Most of this may be caused by the price being higher than most others. And the fact that the plastic mainspring housing cracked on my Delta is a bit of crap. They need to make something as refined as the Ruger 1911, at about the same price. Or I'd by a Peacemaker if the were under a grand.

I am certain that is the first time I have seen "refined" and "Ruger" used in the same sentence.

That said, I can't find fault with their SR1911 - other than using a cast (vs forged) frame and barstock (vs forged) slide. Nice gun.

[Ridge]

If Colt has financial troubles in this market, they're clearly doing something very wrong. Economic darwinism.