Black taxi sale to China 'symbolic

PLS VISIT http://goo.gl/kXzUs AND SUBSCRIBE The Coventry based black taxi manufacturer LTI has been sold to the Chinese car maker Geely for £11.4m.

LTI went into administration in October with 99 out of its 176 staff losing their jobs.

The deal includes the "business and the principal assets" of Manganese Bronze Holdings (MBH), the manufacturer of the London cabs.