Chinese automaker Geely buys maker of London cabs

Associated Press
Chinese automaker Geely buys maker of London cabs

In this photo taken Saturday, April 21, 2007, the TX4 London cab built under a joint venture company between Manganese Bronze Holdings Plc and Geely Automobile Holdings Limited and Shanghai Maple is unveiled during the Shanghai Auto 2007 held in Shanghai, China. The Chinese automaker that bought Sweden's Volvo Cars in 2010 has acquired the British manufacturer of the distinctive London cab. Geely Holding Group said Friday, Feb 1, 2013 it bought Manganese Bronze Holdings out of bankruptcy court administration. Geely said it paid just over 11 million pounds ($17.5 million).(AP Photo/Ng Han Guan)

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