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
Bronze copper, 30% nickel, 12% zinc, 5% lead, and 1% bismuth. It is able to hold a good polish and so is sometimes used in light reflectors and mirrors. Plastic bronze is bronze containing a significant quantity of lead which makes for improved plasticity possibly used by the ancient Greeks in their ship construction. Silicon bronze has a composition of Si: 2.80–3.80%, Mn: 0.50–1.30%, Fe: 0.80% max., Zn: 1.50% max., Pb: 0.05% max., Cu: balance. Other bronze alloys include aluminium bronze, phosphor bronze, manganese bronze, bell metal, arsenical bronze, speculum metal and cymbal alloys. Bronzes are typically very ductile alloys, considerably