It's a great time to be a gun enthusiast. But a manufacturer? Not so much. The market is flooded with a ton of models and heavy inventory. Competition in every category of firearm is intense, with numerous quality products, certainly more than the marketplace can support.
I'll go out on a limb and say several gun brands will give up the ghost in 2018.
My prediction: Taurus. No way to know how deep their pockets are, but the class action lawsuit over drop firing hit many of their models and the cost of replacing all of those pistols is steep. Customer service issues, never a strong point, have gotten worse with the volume of work involving the class action pistols. Downward pricing pressure is enormous. They have a heavy US presence, which is costly to maintain. The Rossi lineup continues to shrink.
Hope I'm wrong.
I'll go out on a limb and say several gun brands will give up the ghost in 2018.
My prediction: Taurus. No way to know how deep their pockets are, but the class action lawsuit over drop firing hit many of their models and the cost of replacing all of those pistols is steep. Customer service issues, never a strong point, have gotten worse with the volume of work involving the class action pistols. Downward pricing pressure is enormous. They have a heavy US presence, which is costly to maintain. The Rossi lineup continues to shrink.
Hope I'm wrong.