London black cab saved by buyer
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London black cab maker bought by Chinese firm Geely

More than 100 jobs have been secured after the maker of the distinctive London taxi was bought out of administration in a deal worth £11m.

Coventry-based Manganese Bronze has been acquired by Chinese private automaker Geely, which owned a 20% stake in the firm before it collapsed into administration in October.

BBC London Transport Correspondent Tom Edwards spoke to Peter Johansen of Manganese Bronze and administrator Matthew Hammond.

  • 01 Feb 2013
  • From the section London