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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.

Lexus CT 200h: The emissions

Teh Lexus CT 200h has emissions of just 96g/km We have to go with the flow on this because, although we have no faith in the assertion that man is responsible for climate change, for as long as Governments penalise and promote cars based on the emissions of CO2 from their tailpipe (I know, it’s barking) we have to accept that car makers will respond to that stick and carrot. Which is why we see a raft of car makers churning out ‘Eco’ cars with a 99g/km emissions figure, as sub-100g/km of CO2 emissions is the Holy Grail for maximising tax effiecencies. Of course, Lexus has gone a step further and seem intent on producing only hybrid cars as soon as possible.

2014's best bargain cars under $16,000

Kia Are you currently in the market for a new car, but you aren't ready to take out a second mortgage in order to afford it? The automotive market these days is brimming with so many different models and options to choose from it can become quite an overwhelming process. Fear not, thrifty buyer, because you're in luck.