Geely sets profitability plan for new British acquisition
By Zhang Chunyan in London and Li Fangfang in Beijing | China Daily | Updated: 2013-02-26 07:56
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Manganese Bronze Holdings, a producer of London cabs, has been sold to Zhejiang Geely Holding Group, which has expressed a desire to rebuild the financial position of the taxi maker and expand its exports. Matthew Lloyd / Getty Images |
Plan to turn around UK taxi maker includes huge 5-year investment
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