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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 F1 – the California Burn-Up!

Brings a tear to the eye - a burnt-out McLaren F1 The McLaren F1 is certainly a car designed to burn up the road. But for one poor owner that became a literal nightmare as his £1.75 million McLaren F1 burnt out on a drive to the airport in Rincon Valley, California. McLaren owner Irv Kessler hadn’t used the F1 for 6 months, but he probably wishes he hadn’t yesterday either.

From 'Made in China' to 'Designed in China'

Visitors to the recent Auto China in Beijing may have noticed an impressive new Chinese sports car – called Aculeus – on one of the smaller exhibitor stands. The concept car is the latest project undertaken by CH-Auto Technology Corporation – one of a growing number of automotive R&D service companies based in China that provides support to the OEMs. The company was established in August 2003 by Lu Qun, an engineer who originally trained at Tsinghua University and later specialized in engine development testing.