A British Icon Saved by Chinese Car Maker

A British Icon Saved by Chinese Car Maker

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The London Taxi Company (LTC) on Wednesday restarted production of the famous black cab, six months after the business was saved by Chinese car maker Geely. Former owner Manganese Bronze, whose black taxis have been on British streets since 1948, went into administration last October, with about a third of its 300-strong workforce losing their jobs. Geely bought Manganese Bronze for 11 million pounds in February, safeguarding further jobs and production of the vehicles in Britain.

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