EMCC European Monitoring Centre on Change

Manganese Bronze

Company/Organisation:
Manganese Bronze

Geographic Location

Country: United Kingdom
Region: Coventry; West Midlands; West Midlands
Location of affected unit(s): London, Manchester, Leeds, Edinburgh, Glasgow and Coventry

Company

Sector: Manufacturing
Manufacture of transport equipment
29.1 - Manufacture of motor vehicles
Number Employed: 274

Employment Effects

Announcement Date: 31-10-2012
Planned Job Reductions min: 156
Planned Job Reductions max: 156
Type of Restructuring: Internal restructuring
Employment Effect Start: 31-10-2012

Additional Information

Iconic black cab maker Manganese Bronze has gone into administration and made 156 staff redundant with immediate effect. Both the head office and manufacturing site in Coventry are being affected by the job losses, as are plants across the UK.

A combination of poor sales, high warranty costs, accounting errors and a recall of over 400 vehicles as a result of a steering fault have been blamed for the failure of the company.