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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.

Belgian Grand Prix (2012) RESULT

With a resurgent Jenson Button on pole for the Belgian Grand Prix, will Spa see McLaren back in charge? Jenson Button and his McLaren were in perfect harmony in qualifying for the 2012 Belgian Grand Prix at Spa with button claiming his first pole for McLaren, and his first in three years. That promise looked good as Button left the line cleanly ahead of the pack, but then behind him there was carnage as Grosjean in the Lotus moved across straight in to the side of Hamilton, also taking out Alonso, Kobayashi and Perez, and forcing a restart to the race.

Nissan says the Leaf electric car will snag Toyota Prius owners

Owners of Toyota Motor Corp.'s fuel-efficient Prius hybrid will succumb to the charms of the Nissan Leaf electric sedan, predicts Nissan Division Vice President Al Castignetti. More than half of the 130,000 hand-raisers who have expressed an interest in the Leaf so far have been Prius owners, he said. "That's a pretty significant signal to us," Castignetti said last week as Nissan North America Inc.