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