Black cab fares have gone up today by 0.7%. The increase will add an extra nine pence to the average taxi fare. Transport for London approved the rise in February.
London's new cab is a remodelled version of a vehicle first unveiled in August 2012. Modifications were made following feedback from the office of Boris Johnson.
The taxi was developed by Nissan's European design centre in Paddington and comes with round headlamps and a re-modelled grille as well as new front-bumper panels.
A new version of London's famous black cab has been launched by Nissan. The company says its new petrol-engined taxi will be cleaner than the current diesel cabs being used in the capital.
– Evan Simeon, London Taxi Conpany
The response has been phenomenal. We couldn't have asked for a better welcome. One Perth operator who purchased a fleet of the 50 bright, white used TX4s has already had a stampede of drivers who want to be the first ones to buy a cab and partake in the trial.
We've had a lot of positive interest from ex-pats, both prospective customers and drivers; what has been especially gratifying are the offers from ex-pat London Taxi drivers who not only want to buy one, but have also offered their services to train our Australian drivers on everything from the service to vehicle operation.
London Taxis may be an iconic symbol of the capital, but they are now about to hit the streets a little further away from home - in Perth, Australia.
The cabs will be sporting a new look as well, painted white instead of the traditional black to combat the Australian heat.
The London Taxi Company has exported a test sample of 98 taxis to the Western Australian city where they will under go trials over the next few weeks.
London's taxi drivers are never usually short of stories about who's been in the back of their cabs. But here's one that's hard to beat.
At first, Tracey Mitchell's £15 fare from a hospital in Paddington seemed like any other - until the parents of the Duchess of Cambridge got in after seeing their new grandson for the first time.
Carolyn Sim went to meet the cabbie who played a small part in history.
– Boris Johnson, the Mayor of London
I am delighted that Geely has successfully secured the future of the London Taxi Company, ensuring the continuing manufacture of a world famous, fully accessible and instantly recognisable vehicle synonymous with London. London's cabbies can now look to the future safe in the knowledge that the TX model taxi will continue to serve Londoners for many years to come and I look forward to hearing Geely's proposals for producing an ultra low emission taxi to serve London in the near future._
Geely says they will seek to re-establish the manufacture, sale and servicing of vehicles on the same basis as existed before Manganese Bronze went into administration.
The company says they will seek to develop new models to follow the current TX4 version.
A leading Chinese automobile manufacturer has bought Coventry-based Manganese Bronze, the makers of London's iconic black taxi.
Zejiang Geely Holding Group (Geely) purchased the group for £11.04m, in agreement with Pricewaterhouse Coopers, who were appointed their administrators.
Geely says it would continue to assemble the TX4 model at Manganese Broze's plant in Coventry
The maker of the London taxi is to appoint administrators after it failed to secure a funding boost from one of its largest shareholders.
Coventry-based Manganese Bronze was reportedly in talks with Chinese private automaker Geely, which owns a 20% stake in the firm, over a £15 million loan.
But the group, which recently recalled 500 black cabs due to a steering box fault, said it had been unable to secure funding with various parties and will bring in administrators.
Manganese, which employs nearly 300 staff and traces its roots to the 19th century as a maker of ship propellers, recently reported wider half-year losses of £3.6 million.