manufacturer morris ital
___MASK53___ was an automotive engineering and manufacturing conglomerate formed in the United Kingdom in 1968 as ___MASK53___ Motor Corporation Ltd ( BLMC ), following the merger of Leyland Motors and British Motor Holdings . It was partly nationalised in 1975 , when the UK government created a holding company called ___MASK53___ , later BL , in 1978 . 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 . The Morris Ital was a medium - sized saloon car built by ___MASK53___ ( BL ) from 1980 until 1984 . ___MASK56___ Limited was a British vehicle manufacturer of lorries , buses and trolleybuses . It gave its name to the ___MASK53___ Motor Corporation formed when it merged with British Motor Holdings , later to become ___MASK53___ after being nationalised . ___MASK53___ later changed its name to simply BL , then in 1986 to Rover Group . A holding company is a company that owns other companies ' outstanding stock . The term usually refers to a company that does not produce goods or services itself ; rather , its purpose is to own shares of other companies to form a ___MASK44___ . Holding companies allow the reduction of risk for the owners and can allow the ownership and control of a number of different companies . British Motor Holdings Limited ( BMH ) was a British vehicle manufacturing company known until 14 December 1966 as ___MASK3___ Limited ( BMC ). BMH was created as a holding company following the BMC ' s takeover of both Jaguar Cars and the Pressed Steel Company in that year .