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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.

Funding row erupts over road repairs

COUNCILS hit by the recent extreme weather are calling for extra funding from central Government to help meet the multi-million pound roads repair bill. The Local Government Association (LGA) wants the Department for Transport to create a highways maintenance emergency fund following the recent spate of heavy rain and flooding. But the Government said councils have been allocated their funding and should have created contingency funds themselves.

2014 Nissan GT-R Track Edition takes off at Chicago Auto Show

The 2014 Nissan GT-R Track Edition made its debut Thursday at the Chicago Auto Show. It joins the Black Edition in the GT-R lineup, and features rear-seat delete, among other track-focused changes. Production is limited to 150 cars for the United States market, and it will hit dealerships in May.