Manganese Bronze Holdings to be made redundant with immediate effect, out of the company's then total of 274 employees in the country, with the losses spread across its manufacturing facility, head office and dealerships. In January 2013, it was reported that Geely was in negotiations to buy the remaining shares of the company from PwC to save the business. A press statement in February 2013 announced that an agreement had been reached for Geely to purchase the remainder of the London Taxi Company's assets, manufacturing rights, unsold stock and dealerships. Geely set up a new company, The London Taxi Corporation Ltd. under its
Production vehicle issues of safety or revenue (taxation). Not all performance specialists are officially recognised and their cars are not usually referred to as production vehicles. The primary means of identifying a cars manufacturer since the mid 1980's has been the vehicle identification or VIN. The first three digits are the manufacturer or WMI identifier. If the performance specialist is the manufacturer then its WMI identifier will be in the VIN. An example would be vehicles made or modified by tuning and manufacturing company RUF, which specialises in Porsche based vehicles. In general, if the RUF vehicle is a RUF modified Porsche