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London Black Taxi maker Manganese Bronze in administration

Manganese Bronze – makers of the London Black Cab – has called in administrators after failing to secure funding following a TX4 recall. Manganese Bronze – makers of the iconic London Black Cab – has had a pretty torrid few years. They sold a chunk of their shares in LTI (London Taxis International) to China’s Geely after years of failure to invest in their taxis left them struggling for sales, cash and turnover.

Audi planning five Eco models

[ad#ad-1] As we’ve noted before, Audi has a niche for every buyer, from hatchback to supercar, with a good dose of SUV / people carrier on the way. But with the world becoming ‘Eco’ obsessed, there are plans now unfolding to put Audi at the heart of this revolution. Audi doesn’t tend to do things by halves, and its plans for an eco range, as reported by Car Magazine, go far further than most manufacturers.

Lexus sales up but Toyota's profits tumble

By Ben Whitworth Motor Industry 13 August 2008 13:25 With spiralling fuel prices, luxury off-roaders may be seen as the devil on wheels in the UK’s current cash-strapped economic climate – which would explain why last month saw a sharp drop in SUV sales at BMW, Audi and Mercedes. But not at Lexus. July 2008 sales of the company’s RX400h hybrid off-roader climbed 28 percent over the same period last year, rising from 223 to 285.