Volvo buys famous London black cabs

The Chinese firm Geely, one of the leading private manufacturers of your country which in 2010 acquired the Swedish brand Volvo, now the British bought Manganese Bronze, which produces the famous London black cabs.

 

As announced by the company itself in a statement, the Chinese firm will with Manganese-which was associated since 2006 and which already controlled a quarter-by 11 million pounds (12.6 million euros, 17.2 million).

 

Geely says it plans to keep production and jobs in the UK today.

The British firm, whose taxis cruise the streets of London since 1948, had to withdraw from the London Stock Exchange and to be administered by an external auditor-PricewaterhouseCoopers-last October, prompting fired 300 of its employees.

 

According to Geely said in his statement, his priority will now "restore the functioning of the firm as a manufacturing, sales and after-sales services, generally on the basis of how it worked before" the arrival of the managers of the audit, but did not mention going to rehire dismissed workers.