Quote:
Originally Posted by Sea Dangles
Wayne,go back to bed and clear your head. If you don't think Americans are buying guns then your cheese slid off the cracker. Did Pontiac go under because Americans are not buying cars?
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Both are effected by market forces and if you think there are enough gun buyers to support gun makers you haven't been paying attention
The company, which owns the famous Smith & Wesson brand, reported a 33% year-over-year decline in quarterly net sales, and profits that sank 65%.
The company also said Thursday that it's eliminated 200 jobs last quarter.
The market is shirnking and the causes are from mutiple directions
And if I know my history the same thing happened pontiac a brand
Amid late 2000s financial problems and restructuring efforts, GM announced in 2008 it would follow the same path with Pontiac as it had with Oldsmobile in 2004 and discontinued manufacturing and marketing vehicles under that brand by the end of 2010.leaving GM to focus on its four remaining North American brands: Chevrolet, Buick, Cadillac, and GMC.
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