London black cab maker bought by Chinese firm Geely

More than 100 jobs have been secured after the maker of the distinctive London taxi was bought out of administration in a deal worth £11m.

Coventry-based Manganese Bronze has been acquired by Chinese private automaker Geely, which owned a 20% stake in the firm before it collapsed into administration in October.

BBC London Transport Correspondent Tom Edwards spoke to Peter Johansen of Manganese Bronze and administrator Matthew Hammond.

  • Subsection
  • Published