Press Releases

Manganese Bronze is announcing a change to its LTI UK franchise network and has issued a twelve month notice to end its contracts with all independent main dealers. LTI will now concentrate on developing a direct sales operation, with an improved aftersales network.

Given the current economic environment and the continuing evolution of the UK taxi market, Manganese Bronze believes it is important to make this change to the Group’s distribution arrangements in order to ensure it can continue to offer the value for money propositions on new and used taxis that have proved so popular with drivers over the last year. At the same time Manganese Bronze plans a major boost to its LTI service dealer network to improve the quality of aftersales care given to their customers.

John Russell, Chief Executive of Manganese Bronze, said:

“These changes are designed to ensure drivers throughout Britain have easy access to new and used LTI products along with excellent aftersales care provided by a local service dealer who is trained and equipped to maintain our vehicles to the high standards our customers deserve. Following our successful £10m fundraising in June, we will be investing in further direct sales sites in order to deliver on this promise”.

It has not been an easy decision to serve notice on our independent main dealers, but it is important that we have a structure and approach that enables us to thrive in the years ahead to the benefit of our customers. We are extremely grateful to the independent main dealers for their support in the past, and hope they will consider becoming service dealers in the future”.