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Manganese Bronze, which employs 300 people, earlier this month also stopped sales of its new TX4 model.
BBC: Manganese Bronze to call in administrators
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Manganese Bronze, which is based in Coventry, had been trying to secure a loan from Chinese shareholder Geely.
BBC: Manganese Bronze to call in administrators
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Eighty companies have expressed an interest in troubled Coventry-based taxi maker Manganese Bronze, Coventry MP Geoffrey Robinson has said.
BBC: Black cab maker attracts interest from 80 firms, says MP
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Last month Manganese Bronze called in PricewaterhouseCoopers after failing to gain new funding.
BBC: Former LTI taxi maker employees 'shocked' by redundancies
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Manganese Bronze, the maker of London's black cabs, is to call in administrators PricewaterhouseCoopers after failing to secure new funding.
BBC: Manganese Bronze to call in administrators
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He added the Manganese Bronze board met last week to try to resolve the situation but was unable to do so.
BBC: Manganese Bronze to call in administrators
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The plant currently has 107 workers, after 156 lost their jobs when former owners Manganese Bronze Holdings went into administration in October.
BBC: Coventry taxi maker LTI to 'restart production' by June
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In January, Manganese Bronze had to issue a profit warning, saying that it had made no profit in 2011 and could fall short of expectations this year.
BBC: Manganese Bronze to call in administrators
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LTI's parent company Manganese Bronze went into administration this month.
BBC: Manganese Bronze taxi steering fault solution found