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
Production vehicle model with the same specifications. There is no fixed definition of the number of vehicles or the amount of modification allowed outside of motorsports or national regulations or laws that determine what is or is not a production vehicle. For example, Guinness recognises a modified 2-seat Jaguar XK120 as the world's fastest production car in 1949. In 2010 the "Guinness Book of Records" awarded the record for the ‘Fastest production car’ to the Bugatti Veyron Super Sport. In 2013 their decision was appealed on the ground that the Bugatti was a modified version - the limiter was turned off, a