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
Bauknecht (company) of 2012, the automotive supplier ZF Friedrichshafen took over the plant in Neunkirchen with 240 out of the 280 local employees, in order to expand its production capacity in transmission components. After retraining, the employees who previously mounted dishwashers, manufactured vehicle transmissions. At the end of 2012 the production site in Schorndorf also closed. Bauknecht (company) Bauknecht, formally Bauknecht Hausgeräte GmbH, was one of Germany's leading manufacturers of household appliances, and since 1989 has been a brand of Whirlpool Corporation. The headquarters of the company was formerly in Schorndorf in Baden-Württemberg until 2006 when it relocated to Stuttgart. Whirlpool has