I was under the impression that colts AR rifles were made by Colt Defense, completely separate from their handgun manufacturing sector. As with all things colt.... who even knows anymore.
It does sound like a good strategy for them though.
Browsing social media, the gun grabbers are claiming this was some sort of victory. If you look at the actual numbers, colts market share was way down in the last 10 years. Now, look at the numbers of Daniel defense, BCM, or even brownells retro line. The AR 15 isn’t going anywhere, anytime soon. Soooo... capitalism won, as usual.