LTI tell the Trade Press
“TX4 is here to stay”
with the trade on Thursday 20th May. Following a number of questions on a possible new London taxi John Russell, Chief
L
that there is no new taxi in the pipe line and LTI will continue to manufacture in Coventry the successful TX4 for sale in the UK. Mr Russell also informed the audience that the Mann & Overton dealerships had some fantastic promotional offers and advised operators and drivers to visit the dealerships and make the most of the opportunity.
As part of their commitment to keep communicating with the trade on future plans, John Russell, CEO of Manganese Bronze Holdings and Peter Shillcock Managing Director of LTI, spoke to an invited audience of trade representatives at Mann & Overton London. The
drivers as well as the Radio Circuits.
This was the third event in which the London Taxi manufacturer met with trade representatives to explain what the company is doing to improve their service to the drivers. The Trade also got an opportunity to ask LTI and MBH a number of questions about topics that are affecting them at the moment.
John Russell explained the latest updates with the relationship with Geely Automotive, the joint venture partner in China who is looking to take a 51% share in MBH as announced recently. Geely are also looking to produce a smaller saloon car based taxi called TXN which was shown at the Beijing motorshow as a concept vehicle. TXN will be produce in late 2012 and is aimed at international markets where it will compete with local saloon car taxis. John also made clear that the move to Euro 5 would not mean a new vehicle, “there is no TX5”, he explained. Euro 5 would be reached by adding a Diesel Particulate Filter to the existing VM engine.
“We can achieve Euro 5 emissions by working with VM, so contrary to rumours there is no TX5, no new engine and we are not moving away from VM. We are very happy with them,” said John.
The event was welcomed by those who participated and they especially liked LTI’s plans to improve customer service as explained by John Russell.
“We are currently reviewing our entire Service Dealer network to make sure they come up to our new standards. We are also recruiting new Dealers and would welcome applications from garages who want to become a Service Dealer. We have also created a new Aftersales Division to improve the way we deal with drivers and to ensure we keep improving standard in our Service network”
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LTI also quashed the rumours of cheap Chinese vehicles, moving production to China or new models in the near future. “We are testing Chinese parts on the TX4 at the moment but we will keep manufacturing here in the UK in Coventry,” committed John as
new cheap cab coming, we are staying with the TX4 but with an imminent rise in VAT I would advise drivers to take advantage of the great deals we have on offer at the moment.”
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