26 November 2012

UK company comes to the rescue of black cab manufacturer


Manganese Bronze, the manufacturer of the iconic black cab that went into administration last month, has been saved by a British company. The company had gone into administration following problems with a Chinese manufactured steering box which forced it to recall 400 taxis. The company’s administrators, PricewaterhouseCoopers has now announced that the recalled fleet would be fitted with parts from a UK supplier and be back on the road by December 14th. This has saved the jobs of the employees at Manganese Bronze. PricewaterhouseCooper’s, which had been urgently trying to find a solution to the steering Box problem, said: “The company’s employees will be part of a massive effort to begin fitting the new UK-supplied steering box to the recalled fleet within the next 48 hours.” However, it is unclear whether Manganese Bronze will have a long term future. The recall was the latest in a series of problems for the company. Last year it had to recall 5,400 taxis after several caught fire and it has failed to make a profit since 2007.

Abintegro
Nov 12

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