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 Track" wrote that Guinness required 30 identical vehicles. There have been numerous disputes over what constituted production and modified cars when used in motorsports. Even under Fédération Internationale de l'Automobile (FIA), the exact definition of what was (or was not) a production car was unclear and controversial, which led to rules written in 1955. Although the term is defined for particular types of vehicles, and that a certain number of a model must be produced in order to qualify as "production", it is another matter to enforce the rules. For example, the 1968 FIA rules state that "production" for sports