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
Methylcyclopentadienyl manganese tricarbonyl the requirements of the European Fuel Quality Directive (2009/30/EC). The conclusions of a risk assessment are that "for MMT and its transformation products, when MMT is used as a fuel additive in petrol, no significant human health or environmental concerns related to exposure to either MMT or its transformation [combustion] products (manganese phosphate, manganese sulphate and manganese tetroxide) were identified at use at levels up to 18 mg Mn/l. Depending on the regional needs and the vehicle emission control technology available, an MMT treat rate in the range of 8.3 mg Mn/l to 18 mg Mn/l is scientifically justified and