Future of London's black cabs in doubt

STEERING problems and stiff competition could kill off London's famous black cabs.

The manufacturers of the iconic cars slipped into administration on Monday with safety concerns leading to the demise of UK-based firm, Manganese Bronze.

The carmakers recalled 400 new cabs this month because of problems with the steering and a failure to raise STG15 million ($A23.4 million) in emergency cash from a Chinese shareholder was viewed as the final straw.

The firm, which has increasingly used parts from China in the black cabs, has battled against renewed competition from rival manufacturers trying to get in on the taxi market.

Black cab driver David Wood hoped another company would take over Manganese Bronze and continue to pump out the world-famous vehicles.

"The tourists love them, I get my photo taken a hundred times a day. I don't think you will ever be able to replace them with minicabs," he wrote in The Times.

"They're perfect. The shape of them has got to stay."

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