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[mab01uk]

Geely of China has successfully purchased the assets of the London Taxi company for £11.04m.
"The headline figure (equivalent to 345 new TX4 Style London taxi cabs) includes the Coventry-based factory, London’s Mann and Overton dealership together with satellite sites in Manchester and Edinburgh. The other assets which have been included in the purchase are the existing vehicle stock (new and used), goodwill and remaining stock of parts."
With production of the TX4 to resume shortly, Roger Maddison of the Unite trades union added: ‘They have plans for the future, let’s hope it’s another Jaguar Land Rover – with plenty of investment, we can have a real success story here in Coventry’.
http://www.aronline.co.uk/blogs/marques/lti-vehicles/news-geely-sinner-to-saviour/