1,000 London taxis for Azerbaijan

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Manganese Bronze, maker of the traditional black cab, has agreed a record order for 1,000 taxis with a company in Azerbaijan, sending its shares up yesterday.

The company said the deal was the single largest contract it had received for its London taxi. The 16 million agreement will see 1,000 TX4 London cabs supplied by joint venture Shanghai LTI to the Baku Taxi Company.

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