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
Bauknecht (company) of 2012, the automotive supplier ZF Friedrichshafen took over the plant in Neunkirchen with 240 out of the 280 local employees, in order to expand its production capacity in transmission components. After retraining, the employees who previously mounted dishwashers, manufactured vehicle transmissions. At the end of 2012 the production site in Schorndorf also closed. Bauknecht (company) Bauknecht, formally Bauknecht Hausgeräte GmbH, was one of Germany's leading manufacturers of household appliances, and since 1989 has been a brand of Whirlpool Corporation. The headquarters of the company was formerly in Schorndorf in Baden-Württemberg until 2006 when it relocated to Stuttgart. Whirlpool has