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
Century Motor Vehicle Company M. J. Meyers. On May 27, 1902, William Van Wagoner took a trip to Auburn, New York, in a vehicle he designed that was manufactured by Century Motor Vehicle Company. He was joined on that "unpleasant day" by John Maxwell, casket manufacturer from Oneida, New York. Van Wagoner's goal was to try for a record of a mile in 58 seconds. In November 1902, Century was an exhibitor at the Madison Square Garden Show in New York City. The event included 114 firms such as Brennan Motor Manufacturing Company of Syracuse, Buckmobile Company of Utica, New York and H. H.