The Chinese will be releasing the legendary London taxi Hire

The Chinese will be releasing the legendary London taxi HireChina will be releasing the famous London cabs for the domestic market and exports in developing countries, according to Edmunds.com. The company Manganese Bronze Holdings, which owns London Taxis International, has signed a contract with Chinese automaker Geely on the construction of a joint venture in Shanghai.The first London taxi will be released in China in 2008. In production the British company plans to invest 99.5 million dollars. In accordance with the agreement, the proportion of Manganese Bronze Holdings in the joint venture will amount to 38 percent, with an option to increase to 50 percent.In a year in China plan to release about 20 thousand English taxi. For comparison, in the UK we do only 2.5 thousand cars per year. The release of the classic taxi at the factory in Coventry was started in 1948. Since then, the company has made more than 100 thousand cars. To stop production in the UK is not planned.lenta.ru09.10.2006.



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