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£17m black taxi order
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Author:  Brummie Cabbie [ Sat Mar 19, 2011 8:32 am ]
Post subject:  £17m black taxi order

£17m black taxi order

19/03/2011

Bosses at Manganese Bronze have clinched the company’s biggest-ever order for its iconic black taxis.

The company will supply 1,000 cabs to Azerbaijan in a deal worth £17million.

Details emerged as the firm revealed it cut losses by £1m to £6.3m last year. Boss John Russell is pinning hopes on the firm’s joint venture with Chinese car maker Geely.

It cut jobs at its Coventry plant and started building some taxis in Shanghai in a drive to reduce costs.

Source; http://www.mirror.co.uk/news/city-news/ ... -22999674/

Author:  Nidge [ Sat Mar 19, 2011 8:56 am ]
Post subject: 

Looks like they are bouncing back.

Author:  Brummie Cabbie [ Sat Mar 19, 2011 8:58 am ]
Post subject: 

Midlander wrote:
Looks like they are bouncing back.

More like bouncing all over the place with 1,000 black cabs on the inferior roads of Azerbaijan

Author:  tom2907 [ Sat Mar 19, 2011 9:53 am ]
Post subject:  6.3 mill losses

They have little chance of bouncing back. They admit losses of 6.3 mill last year and say that is a million down on the previous year of 7.3 mill. What will be the profut margin on this 17 mill order, 20% only gives them 3.4 mill. They need 40% profit to break even, and the Chinese need a 51% slice of that.

Author:  grandad [ Sat Mar 19, 2011 1:01 pm ]
Post subject: 

It works out at £17,000 per car. Maybe some of you guys should get over there and buy one and ship it back here. You could save yourselves a small fortune.

Author:  taxitone [ Sat Mar 19, 2011 10:04 pm ]
Post subject: 

that sounds a good idea but how much to bring it into uk and registration fees etc, and is that 17'000 price for left hand drive and right hand drive models, they will prob say that is left hand drive model price

Author:  grandad [ Sun Mar 20, 2011 5:00 am ]
Post subject: 

Shipping would be around £1000. Import duty is 10% so say £1700 and VAT would be 20% of the price + duty, £3740. a total of £23440.

Author:  toots [ Sun Mar 20, 2011 7:43 am ]
Post subject: 

I think if they've cut the price they'll have cut whatever luxuries they can

Author:  wannabeeahack [ Sun Mar 20, 2011 9:01 am ]
Post subject: 

grandad wrote:
It works out at £17,000 per car. Maybe some of you guys should get over there and buy one and ship it back here. You could save yourselves a small fortune.


LHD...............

Author:  wannabeeahack [ Sun Mar 20, 2011 9:03 am ]
Post subject: 

will these be coventry-built cars though?

Author:  toots [ Sun Mar 20, 2011 9:12 am ]
Post subject: 

wannabeeahack wrote:
will these be coventry-built cars though?


I doubt it if they want to keep the costs down. Another question is what side will the steering wheel be if you were to import it from Azerbaijan?

Author:  wannabeeahack [ Sun Mar 20, 2011 11:21 am ]
Post subject: 

toots wrote:
wannabeeahack wrote:
will these be coventry-built cars though?


I doubt it if they want to keep the costs down. Another question is what side will the steering wheel be if you were to import it from Azerbaijan?


see my post

Author:  wannabeeahack [ Sun Mar 20, 2011 11:22 am ]
Post subject: 

wannabeeahack wrote:
grandad wrote:
It works out at £17,000 per car. Maybe some of you guys should get over there and buy one and ship it back here. You could save yourselves a small fortune.


LHD...............

Author:  GBC [ Mon Mar 21, 2011 1:07 am ]
Post subject: 

LTI is bouncing back big time in London.

For £33K you now get the top model with the recent modifications. Drivers who have bought the '10' and '60' regs seem very happy with their purchases.

With the 'new' Euro 5 Vito coming out at a staggering £41K, I can see KPM outpricing themselves from the market, even more so if someone like Allied Direct and their E7 gain entry to the market.

If I sell my current Vito when it's 2 years old, and get £24K ish for it, I'll be buying a TX with no loan.

Back to real doors. \:D/

Author:  Nidge [ Mon Mar 21, 2011 4:39 am ]
Post subject: 

GBC wrote:
LTI is bouncing back big time in London.

For £33K you now get the top model with the recent modifications. Drivers who have bought the '10' and '60' regs seem very happy with their purchases.

With the 'new' Euro 5 Vito coming out at a staggering £41K, I can see KPM outpricing themselves from the market, even more so if someone like Allied Direct and their E7 gain entry to the market.

If I sell my current Vito when it's 2 years old, and get £24K ish for it, I'll be buying a TX with no loan.

Back to real doors. \:D/


I gather your having trouble with the sliding doors mate??

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