Originally Posted by Cubdriver

This story is not new to anyone who lives in Wichita- the 162 could not be made as cheaply as Cessna originally thought. The original price point was to be a bit over $100k, and to do that, the airplane had to be made using cheap labor in China, to cheaper engineering standards (ASTM), and in fairly large quantities. But piece by piece, the costs kept getting stacked on, so by the time it arrived at a workable total the retail price point was over $150k, too high to do the volume they needed.

It was a noble experiment. The product was good, and the company meant well. Now the lesson is clear to any manufacturer that cares, if you plan to make a new airplane by taking radical measures you had better not count on it working out as planned.