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London Taxi maker Manganese Bronze bought by China’s Geely

China automotive giant Geely has bought Manganese Bronze – makers of the iconic London Black Cab – in an £11.04 million deal. The iconic London Black Cab has been an accident waiting to happen for years, as under investment in making the Black Cab fit for the 21st century saw competition – like the Mercedes Vito Taxi and the Nissan NV200 Cab – start to offer serious competition to the taxi that identifies London. Despite an investment by China’s Geely – when Geely bought 20 per cent of Manganese Bronze, makers of the Black Cab – and the bulk of the Black Cab being produced in China and bolted together in the Midlands, the final nail in the coffin for Manganese Bronze was the recall of 400 TX4 cabs over a steering fault.

Ed Balls faces driving ban

SHADOW CHANCELLOR Ed Balls could be banned from driving today as he answers a summons for failing to stop after bumping another car. The case, which arises from an incident in the Morley and Outwood MP's constituency on April 5, will be heard by magistrates in Leeds, although the Labour front-bencher is not expected to attend court. Mr Balls's office has said he will be responding in writing and will not contest the charge.

Aston Martin Cygnet – the intro begins +video

There's a promo video for the AM Cygnet featuring the sport of Parkour - Free-Running When we first reported that Aston Martin were buying in the Toyota iQ to turn it in to a ‘Mini-Me’ Aston Martin – the Aston Martin Cygnet – we were pretty sure that AM were for real, even though they did call it a Concept. That feeling was more than affirmed a couple of weeks ago when Aston Martin released a few official pictures of the Cygnet and gave us some production targets – 2000 a year in Europe. But only sold to existing AM customers.