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The days of the iconic black cabs in London may be numbered. Manganese Bronze, which builds these taxis for the city, is facing serious financial setbacks and even filed for court administration after failing to secure a bailout from minority shareholder Geely.
The black cabs have endured tough times in recent years due to increasingly strong competition and a production interruption following the recall of 400 cars with a faulty steering.
Manganese Bronze CEO John Russel remains confident that the company will emerge from the current crisis.
Source: leblogauto
The black cabs have endured tough times in recent years due to increasingly strong competition and a production interruption following the recall of 400 cars with a faulty steering.
Manganese Bronze CEO John Russel remains confident that the company will emerge from the current crisis.
Source: leblogauto
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| Photo: London-taxis |