Reuters logo
Manganese Bronze recalls 400 taxis, says financial position unclear
October 12, 2012 / 12:15 PM / 5 years ago

Manganese Bronze recalls 400 taxis, says financial position unclear

Oct 12 (Reuters) - Manganese Bronze Holdings Plc, the maker of London’s iconic cabs, recalled about 400 of its TX4 London taxis and suspended sales of new models after discovering a defect in the steering box introduced in February.

The company said the suspension of sales will have a very material impact on the company’s cash flows and that its financial position remained unclear until a technical solution was arrived at.

Trading in its shares has been suspended.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below