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As expected, Geely buys London Taxi manufacturer
Basil Jet wrote:
On 2013\02\01 18:50, wrote: Is anything happening about electric taxis? Apart from Velotaxis (electrically assisted pedal tricycles) that is. http://www.frazernash.co.uk/news/story.asp?pageID=1358 H'mm, Wankel engines don't have a great track record for longevity, economy or low pollution.. |
As expected, Geely buys London Taxi manufacturer
On 01/02/2013 20:43, Recliner wrote:
" wrote: On 01/02/2013 13:09, Recliner wrote: To no-one's surprise, Geely has bought the remains of LTI from the administrator. More surprisingly, they say they intend to resume production in Coventry for the UK market; left-hand drive markets will continue to be supplied from Shanghai. As before, I assume most of the components assembled in the Coventry factory will continue to come from China. What will be more interesting is if Geely invests in creating a more modern, fuel-efficient and non-polluting successor to the old low-tech London cab, which now has Mercedes Vito competition, with Nissan's cheaper contender just round the corner. http://www.bbc.co.uk/news/uk-england...shire-21290935 I wonder if Ratan was interested? Ratan Tata has retired, but if Tata was interested in the London taxi market, it'd launch a new model, perhaps based on the new Range Rover. Why would it want to acquire the superannuated assets of LTI? Geely really was the only likely buyer, given the previous relationship between the companies. I was referring to the Tata Group, and not so much Ratan Tata himself. |
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