Yes, but there are not many new .32 guns.
A Walther PP .32 may well be a better gun than the .380, but not to be had.
For that matter, the .32 Hand Ejector would be a fine choice for the "Get the little lady a revolver so she doesn't have to rack a slide" school of thought. S&W sold many of them for the purpose in a bygone day. For that matter, Teddy Roosevelt thought the .32 New Police was plenty for NYPD when he was police commissioner.
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