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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.

Hyundai Veloster Turbo gets 400bhp

Hyundai in the US has created a Veloster for this year’s SEMA show – the Hyundai Velocity – with a 400bhp Cosworth makeover. SEMA show cars are always extreme and always completely over the top, but they do show just what can be done with mainstream cars when car makers are let off the leash of marketing constraints. This year Hyundai is out playing, and as well as creating a Genesis Coupe with Cosworth power they’ve also taken the new Hyundai Veloster Turbo and created a 400bhp monster SEMA car.

Peugeot 508 – Price & Spec detail

Peugeot 508. Prices start at £18,150 Three months on from the public debut of the Peugeot 508 at the Paris Motor Show – and three months before it hits the road in the UK – Peugeot has dropped us details of the model and engine range – and the all important Peugeot 508 prices – to help buyers find a reason to toddle off to their local Peugeot dealer and stick an order in. This early – and without having driven the 508 – we can’t say if it’s a good car or not.