China Watch : Geely exports London Taxi kits to the UK

Automotive News China, 2nd September, 2010

SHANGHAI – Zhejiang Geely Holding Group Co. has started shipping kits of the TX4 London Taxi, a model developed by Manganese Bronze Holdings plc (MBH), to London for assembly.

Each month Geely will provide kits for 160 TX4 taxis to be assembled and sold in the United Kingdom, Geely said in a statement. The company made its first shipment at the end of August.

Manganese Bronze builds the black London cab in Coventry, England. In 2007, Geely acquired a 20 percent stake in Manganese Bronze and also set up a 49-51 joint venture in Shanghai with its British partner.

The joint venture, Shanghai LTI Automobile Components Co., started mass production of London Taxis in the third quarter of 2009.

This year sales of the TX4 have been sluggish. In the first six months, only 60 TX4 taxis were sold in China. In the United Kingdom, sales of London taxis – including the TX4 – declined nearly 12 percent to 915 units, according to Geely.

In August, Geely said it would not increase its stake in Manganese Bronze.

[Source: Automotive News China]

Clive Goldthorp

Clive claims that his interest in the BMC>MG story dates back to his childhood in the 1960s when the family’s garage premises were leased to a tenant with an Austin agency. However, back in the 1920s and 1930s, his grandmother was one of the country’s first female Garage Proprietors so cars probably run in his genes! Admits to affairs with Alfa Romeos, but has more recently owned an 06/06 MG TF 135 and then a 15/64 MG3 Style… Clive, who was AROnline’s News Editor for nearly four years, stood down from that role in order to devote more time to various Motor Racing projects but still contributes articles on as regular basis as his other commitments permit.

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