The administrators of Manganese Bronze Holdings have announced that a solution to the steering fault for the TX4 model taxi has been found.
– Matthew Hammond, joint administrator and PwC partner
“I am pleased to be able to report that the company's employees will be part of a massive effort to begin fitting the new UK-supplied steering box to the recalled fleet within the next 48 hours. Having secured replacement parts for the entire recalled fleet, the programme to fit these new components has been devised so that all recalled fleet cars will be fitted with new replacement parts by mid-December."
At the start of this month, 156 job losses at the firm's Coventry factory were announced, along with dealerships across the country.