Industry | Automobiles (Rover, Mini, Land Rover, MG & LDV) |
---|---|
Fate | Liquidation & Split |
Successor |
Land Rover MG Rover Group BMW Mini Tata Group (India) Land Rover SAIC (China) MG Motor |
Founded | 1986 (Rover Group) 1975 (British Leyland) 1885 (Rover Company) |
Defunct | 2005 |
Headquarters | Longbridge, Birmingham, England |
Key people
|
Graham Day (CEO, Chairman) Kevin Morley (Director) John Towers (Rover Group Executive) |
Products | Motor vehicles |
Parent |
British Government (1986–1987) British Aerospace (1987–1994) BMW (1994–2000) Phoenix Venture Holdings (2000 - 2005) |
Subsidiaries |
Leyland Vehicles (until 1987) Unipart (until 1987) Austin Rover (until 1989) Land Rover (until 2000) MINI (until 2000) MG (until 2005) Powertrain Ltd (until 2005) MG Rover Group (until 2005) LDV |
The Rover Group plc was the name given in 1986 to the British vehicle manufacturer BL (formerly British Leyland), which had been state-owned company since 1975. It initially included the Austin Rover Group car business (comprising the Austin, Rover, Mini and MG marques), Land Rover Group, Freight Rover vans and Leyland Trucks.
The Rover Group was owned by British Aerospace (BAe) from 1988 to 1994, when BAe sold the remaining car business to the German company BMW. The group was further broken up in 2000, when Ford acquired the Land Rover division, with the Rover and MG marques continuing with the much smaller MG Rover Group until 2005. Ownership of the original Rover Group marques is currently split between BMW (Germany), SAIC (China), and Tata Motors (India).
The Rover Group plc was formed by renaming BL plc in 1986, soon after the appointment by Margaret Thatcher of Canadian Graham Day to the position of Chairman and Managing Director of BL.
After divesting of its commercial vehicle and bus manufacturing divisions, and the spares and logistics firm Unipart, the company then consisted of the car manufacturing arm Austin Rover Group and the Land Rover Group. This group was privatised in 1988 by the sale of the company to British Aerospace (BAe) for £150 million, who retained Day as joint CEO and Chairman, and made Kevin Morley MD of Rover cars. The group changed its name again in 1989 to Rover Group Holdings Limited., whilst the car manufacturing subsidiary Austin Rover Group Limited shortened its name to Rover Group Limited.