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London Taxi maker Manganese Bronze bought by China’s Geely

China automotive giant Geely has bought Manganese Bronze – makers of the iconic London Black Cab – in an £11.04 million deal. The iconic London Black Cab has been an accident waiting to happen for years, as under investment in making the Black Cab fit for the 21st century saw competition – like the Mercedes Vito Taxi and the Nissan NV200 Cab – start to offer serious competition to the taxi that identifies London. Despite an investment by China’s Geely – when Geely bought 20 per cent of Manganese Bronze, makers of the Black Cab – and the bulk of the Black Cab being produced in China and bolted together in the Midlands, the final nail in the coffin for Manganese Bronze was the recall of 400 TX4 cabs over a steering fault.

McLaren MP4-12C Goodwood hillclimb video

The McLaren MP4-12C tackles the Goodwood hillclimb As we reported last week, McLaren used the Goodwood Festival of Speed to give their new road car – the McLaren MP4-12C – its first proper public outing. But they didn’t settle for just having a static display or even a poodle round his Lordship’s grounds for the benefit of the crowd. They brought along their pair of F1 World Champions – Jenson Button and Lewis Hamilton – to strut their stuff up the Goodwood hillclimb in the 12C.

Charles Morgan leaves Morgan

Charles Morgan is no longer a part of the Morgan Motor Company’s management team or board of directors, a press release from the Morgan Technologies arm of the British sports car maker has confirmed. As things now stand, this essentially means that after 103 years, the family that started the firm is no longer involved in running the company. On Bing: see pictures of Morgan cars Find out how much a used Morgan costs on Auto Trader Charles Morgan is the grandson of Morgan Motor Company founder, HFS Morgan, and joined what has always been a family business in 1985.