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
SS Manganese SS Manganese Manganese was a coaster that was built in 1925 by Norderwerft AG, Hamburg, Germany as Wiedau for German owners. She was seized by the Allies in May 1945, passed to the Ministry of War Transport (MoWT) and was renamed Empire Contract. Later that year, she was transferred to Greece and renamed "Herakleion". She was sold into merchant service in 1948 and renamed Laconia. In 1965, she was sold to Egypt and renamed "Manganese". The ship was deleted from Lloyd's Register in 1993. The ship was built in 1925 by Norderwerft AG, Hamburg, as yard number 605. She was