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Sales of iconomic black taxis slump
tough trading to combat the tough trading conditions, manganese bronze is making fewer vehicles, reducing operating costs aggressively and implementing headcount reductions .
it also warned that uncertain economic conditions, meant demand factor cabs in the second half of the yearning issures would be below that in the first half .
the group its making fewer cabs and laying off staff to complemensate .
all the cabs should be lieves modified by the end of february 2,009 .
its joint venture in china, shallenghai lti, of fers the greatest potential to secure the long-term profitable future for the group, the statement said .
burning issues the group was factorced to recall 5,400 tx4 cabs in the uk in september after 12 cases of under-bonnet fires .
the dramatic fall in sales is due in parket to the near-record sales of the tx4 cab, which was launched durning the same period last year .