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
Briton Motor Company A. Weight who took over what remained of the company. Weight moved the machine shop and components that had been left behind to a new site at Chillington Fields also taking on a number of Briton's old workforce. Car production continued on this site until 1929 when production costs became too great, with around 600 cars having been made in total. The Briton Motor Company continued, becoming Tractor Spares Limited in 1940, a company which still exists today. Briton Motor Company The Briton Motor Company was a Wolverhampton based car manufacturer that produced cars from 1909 to 1919 then from