LTI Vehicles is urging taxi drivers to take advantage of the Government’s scrappage scheme, which is widely expected to end next month.
The news comes as the Department for Business announces that over 200,000 vehicles have been sold under the scheme and the Government’s budget is expected to run out by mid-October as car owners take advantage of the subsidy on offer.
Over two-thirds of the £300 million budget set aside for the scheme has already gone. The scheme gives drivers £2,000 incentive towards a new vehicle if they scrap a vehicle over 10 years old as part of the deal.
Rob Laidler, Sales Director at LTI Vehicles, said: “The scrappage scheme has been a real success for LTI and the taxi trade with many drivers taking advantage of the £2000 incentive.
“The scheme will end shortly and we are advising drivers looking to participate in the Scrappage Scheme to take advantage of this deal and purchase a new TX4 before the funding runs out.”
The Government has confirmed that the scheme will not be extended.
It is the best time to purchase a new TX4 with a £2000 scrappage incentive, strong offers from LTI and 15% VAT until 1 January 2010.
To find out more about LTI Vehicles visit www.lti.co.uk.
ENDS
For more information please visit www.lti.co.uk. For enquiries please call Lee Southen at Connect PR on 01902 714957 or email lee@connect-group.com.
Showing posts with label TX4. Show all posts
Showing posts with label TX4. Show all posts
Tuesday, 15 September 2009
Monday, 24 August 2009
TAXI FIRM HAILS ONLINE EXPORT SERVICE
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LTI Vehicles, makers of the world famous London Taxi, has joined the list of British exporters seeking new business partners by securing a working relationship with www.exportuk.co.uk.
The website, which is the only dedicated online resource to promote British products and services, has a primary market position with all major search engines and boasts over 66,500 registered users.
As part of LTI’s silver subscription package, the firm hopes to receive hundreds of enquiries as agents and distributors tap into the powerful database to find a suitable business partner. Last year, the site generated 7,000 sales leads for British companies.
Matthew Cheyne, International Market Development Director for LTI Vehicles, said: “As our operation and reputation grows internationally, we need to find the right dealers and businesses who want to share in our success. exportuk.co.uk allows us to do just that.
“Our TX4 model has already generated lots of interest from international businesses, passengers and operators and we have already secured our iconic product into Bahrain, Poland and Dubai.”
To find out more about LTI Vehicles visit www.lti.co.uk or email info@londontaxis.co.uk.
ENDS
News release issued on behalf of LTI Vehicles by Connect PR. For further information call Lee Southen on 00 44 (0)1902 714957 or email lee@connect-group.com.
The website, which is the only dedicated online resource to promote British products and services, has a primary market position with all major search engines and boasts over 66,500 registered users.
As part of LTI’s silver subscription package, the firm hopes to receive hundreds of enquiries as agents and distributors tap into the powerful database to find a suitable business partner. Last year, the site generated 7,000 sales leads for British companies.
Matthew Cheyne, International Market Development Director for LTI Vehicles, said: “As our operation and reputation grows internationally, we need to find the right dealers and businesses who want to share in our success. exportuk.co.uk allows us to do just that.
“Our TX4 model has already generated lots of interest from international businesses, passengers and operators and we have already secured our iconic product into Bahrain, Poland and Dubai.”
To find out more about LTI Vehicles visit www.lti.co.uk or email info@londontaxis.co.uk.
ENDS
News release issued on behalf of LTI Vehicles by Connect PR. For further information call Lee Southen on 00 44 (0)1902 714957 or email lee@connect-group.com.
Wednesday, 19 August 2009
COVENTRY FIRM GOES GLOBAL

The first London Taxis built in Shanghai have been introduced to drivers and passengers in Saudi Arabia. The news signals exciting times ahead for its makers, LTI Vehicles, as a joint venture in China is set to transform the Coventry-based firm into a global brand.
Ordered by LTI’s Distributor in the Kingdom, Ujra Holdings, they will be operated as the London Taxi Service from the Four Seasons hotel, where ten of the famous black cabs will be carrying guests to the airport, major tourist attractions and conference venues. Further orders have also been received for twenty eight more taxis for Saudi Arabia as they prove so popular with passengers and drivers.
The London Taxi has been specially adapted to cope with the hotter climate. Built with a higher specification of air conditioning, tinted windows and parts that allow for expansion in the heat as well as able to cope with the desert dust, the taxi was chosen to move customers about rather than use more traditional saloon taxis.
For Matthew Cheyne, International Market Development Director for LTI Vehicles, these are exciting times for the whole team. “Our TX4 model is generating a lot of interest from international businesses, passengers and operators. Enquiries are increasing and drivers and passengers are telling us that the London Taxi is providing them with a first class ride and experience.
“Shanghai LTI, our Chinese joint venture with Geely, is quickly transforming us into a global brand as we expand our operation and take our iconic product into countries such as Bahrain, Poland and Dubai.”
As part of the joint venture, Geely has established a new factory unit at its Shanghai site where Chinese employees have been trained by their Coventry counterparts.
Matthew believes both parties have much to gain from the joint venture as commercial production gets underway. “Geely is a very fast moving, highly entrepreneurial business with proven product development and production capabilities.
“The venture will also bring benefits to our UK operation by allowing us to take advantage of more cost-effective components for our current range. This will help us to maintain our price competitiveness and generate profits to invest in the business.”
As the UK’s largest British-owned automotive manufacturer, LTI employs 450 people at its Coventry manufacturing plant and wholly owned Mann & Overton dealerships in London, Birmingham and Manchester.
ENDS
Ordered by LTI’s Distributor in the Kingdom, Ujra Holdings, they will be operated as the London Taxi Service from the Four Seasons hotel, where ten of the famous black cabs will be carrying guests to the airport, major tourist attractions and conference venues. Further orders have also been received for twenty eight more taxis for Saudi Arabia as they prove so popular with passengers and drivers.
The London Taxi has been specially adapted to cope with the hotter climate. Built with a higher specification of air conditioning, tinted windows and parts that allow for expansion in the heat as well as able to cope with the desert dust, the taxi was chosen to move customers about rather than use more traditional saloon taxis.
For Matthew Cheyne, International Market Development Director for LTI Vehicles, these are exciting times for the whole team. “Our TX4 model is generating a lot of interest from international businesses, passengers and operators. Enquiries are increasing and drivers and passengers are telling us that the London Taxi is providing them with a first class ride and experience.
“Shanghai LTI, our Chinese joint venture with Geely, is quickly transforming us into a global brand as we expand our operation and take our iconic product into countries such as Bahrain, Poland and Dubai.”
As part of the joint venture, Geely has established a new factory unit at its Shanghai site where Chinese employees have been trained by their Coventry counterparts.
Matthew believes both parties have much to gain from the joint venture as commercial production gets underway. “Geely is a very fast moving, highly entrepreneurial business with proven product development and production capabilities.
“The venture will also bring benefits to our UK operation by allowing us to take advantage of more cost-effective components for our current range. This will help us to maintain our price competitiveness and generate profits to invest in the business.”
As the UK’s largest British-owned automotive manufacturer, LTI employs 450 people at its Coventry manufacturing plant and wholly owned Mann & Overton dealerships in London, Birmingham and Manchester.
ENDS
News release issued on behalf of LTI Vehicles by Connect PR. For further information call Lee Southen on 01902 714957 or email lee@connect-group.com.
TAXI DRIVER BACK IN BUSINESS THANKS TO TX4
A Plymouth cabbie is back to work as a professional taxi driver having traded in his unreliable Fiat Scudo for a purpose-built TX4 London Taxi.
The vehicle, which had been off the road since Christmas, gave Trevor Joyce a constant headache as he needed a reliable income with flexible working hours to look after his 3½ year old daughter.
Replaced front suspension, four new turbos, two ignition boxes, one gearbox and a steering pump later and Trevor was left with no choice but to opt for the tried and tested TX4.
“These converted vehicles give you no added peace of mind,” said Trevor. “Neither Fiat or the company behind the conversion would take responsibility for any of the vehicle’s faults. It’s left me in a real predicament.
“I’m now back to being a proper taxi driver and no longer feel like a delivery driver. The TX4 has that reliability that I’m looking for along with a reputable name stamped across the product in LTI Vehicles.
“I’m pleased to say that I’ve been very busy since taking delivery of my TX4 over four weeks ago. I’m glad to report no faults and would like to thank M&O Birmingham for making the change happen so smoothly and quickly.”
Gary Thomas, salesman at M&O Birmingham, said: “We’re delighted that Trevor has chosen the TX4. He was off the road so many times with his Fiat Scudo that his earnings really suffered. As many drivers will testify, the reliability of the TX4 is second to none.”
To find out more about LTI Vehicles visit www.lti.co.uk.
ENDS
News release issued on behalf of LTI Vehicles by Connect PR. For further information call Lee Southen on 01902 714957 or email lee@connect-group.com.
The vehicle, which had been off the road since Christmas, gave Trevor Joyce a constant headache as he needed a reliable income with flexible working hours to look after his 3½ year old daughter.
Replaced front suspension, four new turbos, two ignition boxes, one gearbox and a steering pump later and Trevor was left with no choice but to opt for the tried and tested TX4.
“These converted vehicles give you no added peace of mind,” said Trevor. “Neither Fiat or the company behind the conversion would take responsibility for any of the vehicle’s faults. It’s left me in a real predicament.
“I’m now back to being a proper taxi driver and no longer feel like a delivery driver. The TX4 has that reliability that I’m looking for along with a reputable name stamped across the product in LTI Vehicles.
“I’m pleased to say that I’ve been very busy since taking delivery of my TX4 over four weeks ago. I’m glad to report no faults and would like to thank M&O Birmingham for making the change happen so smoothly and quickly.”
Gary Thomas, salesman at M&O Birmingham, said: “We’re delighted that Trevor has chosen the TX4. He was off the road so many times with his Fiat Scudo that his earnings really suffered. As many drivers will testify, the reliability of the TX4 is second to none.”
To find out more about LTI Vehicles visit www.lti.co.uk.
ENDS
News release issued on behalf of LTI Vehicles by Connect PR. For further information call Lee Southen on 01902 714957 or email lee@connect-group.com.
Thursday, 25 June 2009
LTI SCRAP OLDEST TAXI TO DATE AS FLEET OPERATOR CASHES IN ON SCRAPPAGE SCHEME

LTI Vehicles has scrapped its oldest taxi to date under the Government's 'scrappage' scheme.
The 20 year old Fairway, which had clocked up over 600,000 miles, was taken in by leading LTI taxi dealership, M&O London.
As a result, the vehicle's owner, Sheldon Posner of Cricklewood Carriers, has received a £5,000 discount on a brand new model of the London taxi – the TX4. This fantastic deal was made possible thanks to the £2,000 scrappage incentive and a further £3,000 price reduction.
Commenting on the scheme, Sheldon said: "I buy cabs regularly from M&O as the older they get the more expensive they are to re-license, so this initiative is most welcoming.
“In my professional opinion, the TX4 London taxi is the best taxi ever made. No other vehicle is built quite like it. Purpose-built by securing the cab body directly onto the chassis, the taxi is strong and durable. It’s this feature, which gives the vehicle its unrivalled longevity that's so important to me. It also has an envious turning circle that can spin on a sixpence, making it quicker than any van conversion. This makes the vehicle so agile.
“The TX1 had only just come out when I fondly recall my four year old daughter shouting taxi and pointing at a TX1 parked up at Tesco. This proves just how recognisable and distinctive the traditional London Taxi is and is so across the world.”
Peter Rigden, General Manager at M&O London, said: “We’re delighted that fleet operators such as Sheldon are taking advantage of this offer to clean up London’s taxi fleet. We now open up the challenge to see if we can scrap an even older vehicle.
“However, in today’s current climate scrapping an old taxi is not the only way to grab a great deal. With excellent part exchange values and competitive finance rates, there are a number of offers always available which we can tailor to our customers needs if they are considering upgrading to a new or used taxi”.
“With the added advantage of the lower rate of VAT, our £5,000 scrappage offer means now is the time to buy and we would urge drivers to come and talk to us before the Government’s limited budget to support the scheme runs out.”
To find out more about LTI Vehicles visit www.lti.co.uk.
ENDS
News release issued on behalf of LTI Vehicles by Connect PR. For further information call Lee Southen on 01902 714957 or email lee@connect-group.com.
The 20 year old Fairway, which had clocked up over 600,000 miles, was taken in by leading LTI taxi dealership, M&O London.
As a result, the vehicle's owner, Sheldon Posner of Cricklewood Carriers, has received a £5,000 discount on a brand new model of the London taxi – the TX4. This fantastic deal was made possible thanks to the £2,000 scrappage incentive and a further £3,000 price reduction.
Commenting on the scheme, Sheldon said: "I buy cabs regularly from M&O as the older they get the more expensive they are to re-license, so this initiative is most welcoming.
“In my professional opinion, the TX4 London taxi is the best taxi ever made. No other vehicle is built quite like it. Purpose-built by securing the cab body directly onto the chassis, the taxi is strong and durable. It’s this feature, which gives the vehicle its unrivalled longevity that's so important to me. It also has an envious turning circle that can spin on a sixpence, making it quicker than any van conversion. This makes the vehicle so agile.
“The TX1 had only just come out when I fondly recall my four year old daughter shouting taxi and pointing at a TX1 parked up at Tesco. This proves just how recognisable and distinctive the traditional London Taxi is and is so across the world.”
Peter Rigden, General Manager at M&O London, said: “We’re delighted that fleet operators such as Sheldon are taking advantage of this offer to clean up London’s taxi fleet. We now open up the challenge to see if we can scrap an even older vehicle.
“However, in today’s current climate scrapping an old taxi is not the only way to grab a great deal. With excellent part exchange values and competitive finance rates, there are a number of offers always available which we can tailor to our customers needs if they are considering upgrading to a new or used taxi”.
“With the added advantage of the lower rate of VAT, our £5,000 scrappage offer means now is the time to buy and we would urge drivers to come and talk to us before the Government’s limited budget to support the scheme runs out.”
To find out more about LTI Vehicles visit www.lti.co.uk.
ENDS
News release issued on behalf of LTI Vehicles by Connect PR. For further information call Lee Southen on 01902 714957 or email lee@connect-group.com.
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