Manganese Bronze Holdings was reported that Geely would increase its shareholding in Manganese to 51% through participation in a placing of new shares. In August 2010 it was announced that Geely had decided not to proceed with the share placement and its shareholding in Manganeze would remain at just under 20%. In November 2010, LTI changed their trading name to "The London Taxi Company" to reflect the company's core business. Manganese entered administration on 22 October 2012 after failing to secure additional funding; PricewaterhouseCoopers (PwC) were appointed as the administrator. On 31 October PwC announced that 156 Manganese staff in the UK were
Selden Motor Vehicle Company the company was reorganized towards the production of trucks, where it had significantly more success, producing trucks until the company's sale to the Bethlehem Truck Company in 1930. Selden Motor Vehicle Company The Selden Motor Vehicle Company was an early American manufacturer of automobiles. The Company, founded in 1905, was based in Rochester, New York. The Selden Motor Vehicle Company was named for inventor George B. Selden, whose 1877 patent was the first U.S. patent of a "horseless carriage" and thus, controversially, is considered the inventor of the automobile. (Misleading: Selden developed his engine by 1877 & filed for a