Manganese Bronze Holdings was reported that Geely would increase its shareholding in Manganese to 51% through participation in a placing of new shares. In August 2010 it was announced that Geely had decided not to proceed with the share placement and its shareholding in Manganeze would remain at just under 20%. In November 2010, LTI changed their trading name to "The London Taxi Company" to reflect the company's core business. Manganese entered administration on 22 October 2012 after failing to secure additional funding; PricewaterhouseCoopers (PwC) were appointed as the administrator. On 31 October PwC announced that 156 Manganese staff in the UK were
Vehicle Production Group in October 2011 and was delivered to disabled former American football player Marc Buoniconti, who was a company spokesperson. Developed from the Standard Taxi, it was a more advanced and user-friendly vehicle than its predecessor. The MV-1 was the first production-made purpose-built vehicle in North America constructed from the ground up for people with disabilities. It seats up to six adults, with two full-size wheelchairs. Chairs are allowed entry via an ADA-approved ramp, able to carry and which stows under the vehicle's floor. The rear doors are 36 inches wide and 56 inches tall, to accommodate bulky wheelchairs. On 21