Monday 11th August 1975
British Leyland was nationalised. It incorporated much of the British-owned motor vehicle industry, which constituted 40 percent of the UK car market, with roots going back to 1895. Despite containing profitable marques such as Jaguar, Rover and Land Rover, as well as the best-selling Mini, British Leyland had a troubled history. In 1986 it was renamed as the Rover Group, later to become MG Rover Group, which went into administration in 2005, bringing mass car production by British-owned manufacturers to an end. MG and the Austin, Morris and Wolseley marques became part of China’s SAIC, with whom MG Rover attempted to merge prior to administration. Today, MINI, Jaguar Land Rover and Leyland Trucks (now owned by BMW Group, TATA and Paccar, respectively) are the three most prominent former parts of British Leyland which are still active in the automotive industry, with SAIC-owned MG Motor continuing a small presence at the Longbridge site. Certain other related ex-BL businesses, such as Unipart), continue to operate independently.