1,000 Jobs for London Taxi Company

[Lex]

The Chinese have really turned this company round since they bought the company: http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-32063233

[rebbonk]

Good news on the surface, but I can't help wonder if it'll be short-lived.

They're in quite a niche market and vehicle development is expensive, as MG Rover found out. I wonder what their break even point is as regards sales?

But, let's wish them well. :)

[Lex]

The Chinese owners seem to have confidence in the future of the company: http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-33755410

[rebbonk]

I like the idea of the green factory, but question the number of jobs they think they'll create. I reckon about half of what's being bandied about with most design/development staff drafted in on short term contracts as needed.