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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.

Ferrari 599 GTB 60F1 (2011) first official pictures

Ferrari is launching a special pack of paint and trim options on the 599, called the 599 GTB 60F1. It's designed to mark six decades of winning in Formula 1 (not something the scuderia has done much of in 2011). Froilan Gonzalez won Ferrari's first F1 race in the 375 F1 car back in July 1951; 60 years later, Fernando Alonso won Ferrari's first race of the current season in the 150° Italia.

Diesel drivers 'pollution penalty'

DRIVERS OF DIESEL CARS could have to pay more in road tax or face additional levies to travel into city centres in an effort to tackle pollution, it is reported. Major cities around the UK are considering bringing in low emission zones to force out older diesel vehicles that are responsible for higher levels of fumes, The Times said. Almost all diesel vehicles driven into central London will trigger a £10 charge under plans being considered by mayor Boris Johnson, who will also reportedly lobby the Government to increase road tax on diesel cars to encourage motorists to move to cleaner vehicles.