Manganese Bronze Holdings LTI Limited as its only operating division. In October 2012, MBH entered administration, having not made a profit since 2007. The Chinese automotive manufacturer Geely, which already owned 20% of the shares in LTI Limited, the company's only business, agreed to purchase LTI's principal assets and trade from the administrator to save the business and continue the production of taxis in Coventry. The new holding company was named The London Taxi Corporation, and traded as "The London Taxi Company" (as LTI had done): this successor company was renamed to London EV Company in 2017. Manganese originally made ship propellers. In
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