Manganese Bronze Holdings British subsidiary Geely UK Ltd to resume assembly of the London black cab in Coventry. Manganese Bronze Holdings Manganese Bronze Holdings plc (MBH) was the holding company of LTI Limited: their sole business in their final years as a company was London black taxicab manufacturing through the LTI subsidiary. MBH was founded in 1899 and was once an important conglomerator of British motorcycle marques. The company acquired the subsidiary Carbodies in 1973, which was involved in the design, development and production of taxicabs. This subsidiary eventually became "LTI Limited", and traded first as "London Taxis International" and then as "The
Manganese Bronze Holdings the first prototype TX4 taxi at its Chinese joint venture, LTI Shanghai. In July 2008 Manganese announced that it would be making redundant 40 employees as a result of the global economic downturn. On 29 June 2009 the company advised that Geely had a notifiable interest in 6,085,000 of the company's ordinary shares, representing 19.971% of the issued ordinary share capital. In March 2010 it was announced that Manganese would move the production of all taxicab bodies and chassis to Shanghai, but TX4 cabs for the UK market would continue to be assembled in Coventry. In the same month it