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As expected, Geely buys London Taxi manufacturer
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 |
As expected, Geely buys London Taxi manufacturer
On Fri, 01 Feb 2013 13:09:23 +0000
Recliner wrote: 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 I'm amazed their are any left hand drive markets. Who on earth would voluntarily buy one of these fossils unless regulations forced it on them? B2003 |
As expected, Geely buys London Taxi manufacturer
On Fri, 01 Feb 2013 08:43:36 -0600,
wrote: In article , (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 Their representative interviewed on Radio 4 before lunch (You and Yours?) said they would be developing modern successor to the TX4. Not sure I believed him. Yes, I heard the interview and had the same reaction. I suspect that he doesn't really know, as the development work would be approved and happen in China, not Coventry. But I didn't think the hydrogen waffle was very credible. LPG fuel seemed a better bet, but either way, I don't think they'll be allowed to use diesel for much longer. |
As expected, Geely buys London Taxi manufacturer
In article ,
(Recliner) wrote: On Fri, 01 Feb 2013 08:43:36 -0600, wrote: In article , (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 Their representative interviewed on Radio 4 before lunch (You and Yours?) said they would be developing modern successor to the TX4. Not sure I believed him. Yes, I heard the interview and had the same reaction. I suspect that he doesn't really know, as the development work would be approved and happen in China, not Coventry. But I didn't think the hydrogen waffle was very credible. LPG fuel seemed a better bet, but either way, I don't think they'll be allowed to use diesel for much longer. Is anything happening about electric taxis? Apart from Velotaxis (electrically assisted pedal tricycles) that is. -- Colin Rosenstiel |
As expected, Geely buys London Taxi manufacturer
wrote:
In article , (Recliner) wrote: On Fri, 01 Feb 2013 08:43:36 -0600, wrote: In article , (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 Their representative interviewed on Radio 4 before lunch (You and Yours?) said they would be developing modern successor to the TX4. Not sure I believed him. Yes, I heard the interview and had the same reaction. I suspect that he doesn't really know, as the development work would be approved and happen in China, not Coventry. But I didn't think the hydrogen waffle was very credible. LPG fuel seemed a better bet, but either way, I don't think they'll be allowed to use diesel for much longer. Is anything happening about electric taxis? Apart from Velotaxis (electrically assisted pedal tricycles) that is. I don't think they have a useful range, and also cost far too much. |
As expected, Geely buys London Taxi manufacturer
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? |
As expected, Geely buys London Taxi manufacturer
" 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. |
As expected, Geely buys London Taxi manufacturer
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As expected, Geely buys London Taxi manufacturer
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