In Shanghai, The Famous London 'Black Cab' Is Now Gold

Like Big Ben and Trafalgar Square, London's "black cabs" are a symbol of the English capital. However, when the cab's manufacturer, London Taxi Company, went bust in 2012, China's Geely Automotive came to their rescue and purchased the struggling operation for $20 million.  As part of Geely's plan to broaden the iconic London cab's sales prospects, the company is pushing for the adoption of the taxis in overseas markets, such as Australia and now Shanghai. According to Sina Auto, the initial wa...