Production restart at taxi firm

Today is the first day of full scale production at the London Taxi Company in Coventry since it went into administration last year.

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Vince Cable: Future of black cabs company 'secured'

Six months after Coventry based London Taxi Company went into administration, the factory has restarted production of the black cab.

Business Secretary Vince Cable said:

After a period of worry and uncertainty for the workforce, Geely Group's investment has secured the future of the iconic black cabs company, protecting highly skilled jobs in the Midlands and ensuring that London cabs continue to be made here in Britain.

It is also a clear demonstration of the success of the British car industry which has gone from strength to strength even during tough economic times.


Taxi firm: 'We have a fantastic future ahead of us'

Peter Johansen Vice President of London Taxi Company said he is "proud" that the firm has returned to business.

Full scale production began today after the company went into administration last year.

Mr Johansen said: "It's a great day and marks a turning point for the London Taxi Company.

"We are resuming full scale production.

"It's great to see the factory behind me - busy and up to production. We have a fantastic future ahead of us."

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