The Londons Taxi in Island

The London Taxi Corporation Ltd (trading as The London Taxi Company; formerly Manganese Bronze Holdings plc) is an automotive engineering company headquartered in Coventry, United Kingdom, and a wholly owned subsidiary of Chinese automaker Geely. It was founded in 1899 and its principal activity is the design, development and production of taxicabs.Once an important conglomerator of British motorcycle marques, the sale of its components division in 2003 left the company with only one operating division—LTI Limited, trading as The London Taxi Company—which manufactures London black taxicabs for the UK market at its manufacturing site in Coventry and in Shanghai for sale in the rest of the world. It retails and provides maintenance services for taxis in major cities globally.In October 2012, Manganese entered administration, having not made a profit since 2007. Geely, which already owned 20% of the shares in the company’s UK business, agreed to purchase the London Taxi Company’s principal assets and trade from the administrator in order to save the business and continue the production of taxis in Coventry.