StampMaster wrote:amid mounting public pressure for greater gun control.
I hardly trust the media, especially the Indian media because often it has tendency to spice up the news and sometimes even create concocted stories, just like it added the above sentence. American marketed is already saturated, the American gun makers have to find markets in other countries, else they will face these kind of situations. They can lobby with their government to put pressure on Indian government to fully open up this market for it's citizens. At this point in history, the American government is enjoying unprecedented leverage over the Indian government. How? Because China, Pakistan, Russia, Iran and Turkey are in an unwritten military alliance and in order to face this, the Indian state has virtually fallen at the feet of America to get the latest hi tech military equipment.
GBM is correct that the media is full of Bovine excreta.
This has absolutely nothing to do with laws or current events but I suspect it has everything to do with a Venture Capital company doing its usual thing.. i.e. buying a company, sucking it dry and then spitting it out.
A few years ago, Remington was bought out by a venture capital company.
Quality started to slip right away.
In the last few years, even die hard Remington fans will not buy new Remington firearms.
Just like die hard Marlin fans won't buy a new Marlins as the quality went sour really quick.
How do you screw up the manufacture of products that you have produced for years?
The Remington 700 bolt action rifle and the iconic Remington 870 shotgun (they have made over 11 Million of them) are items that I would not have bought new in the last few years. I own versions of both but they were all purchased prior to the sale of Remington to the Freedom Group, llc.
Unfortunately, they bought up a bunch of other firearms companies, including:
Marlin (whihc includes Harrington & Richardson and L.C. Smith)
AAC (Advanced Armament Corporation - silencers)
Pretty much everything they have touched in the firearms industry have gone to pot.
I think they saw the gun buying surge during the Obama years as something that would continue.
However, if you don't put money back into an industry (i.e just keep taking it out), it will eventually falter and die.
I'm afraid that we are going to see this happen to all the brands that they own.
I don't believe that they understand that gun buyers will not purchase a firearm that won't go bang every time you pull the trigger.
People will put up with their cars breaking down, their computers blue screening and their iPhone's not getting reception everywhere but they will not put up with a firearm that is unreliable.
A good example would be Remington's failed R51 pistol. That kludge didn't run from day one.
They recalled it, worked on it and re-released it and it was better than before but no one bought it when it came out the second time.
Meanwhile, sales are up for other US firearms companies like Ruger, S&W, etc.
Ammunition sales are also going good.
Sales of AR-15 parts and accessories are through the roof with. At popular sites like PSA, they often sell out of their specials the same day they are announced. I have been waiting for an AR-15 upper for three weeks and then they emailed me to say that they are out and having difficulty producing more.
At two different gun shows, earlier in the month, I spoke to dealers who were having a hard time getting AR-15 parts. They said everyone was sold out.