The British Motor Corporation [B.M.C.] bought out body maker Pressed Steel in 1966, and Sir William Lyons of Jaguar-Daimler encouraged his company to merge with BMC to secure future body production. The merged companies were to be called 'British Motor Holdings', but it was only temporary. Land-Rover was part of Rover when in 1967 the Leyland Motor Corporation acquired Rover to merge it with the 'Triumph' brand which had been acquired by Leyland Motors in 1961 as part of Standard-Triumph International. In 1968 the British Government persuaded British Motor Holdings to join with Leyland Motors and form British Leyland. The next development came in 1984 when Jaguar was floated away from BL cars as an independent company. British Leyland was sold to British Aerospace in 1988, although without Jaguar or Triumph brands, and BAe operated the company as the Rover Group. BMW bought out the Rover Group in 1994, possibly to acquire Land-Rover. BMW subsequently sold off Land-Rover (to Ford) and in 2000 the remains of the Rover Group were sold to a private finance group who bankrupted it in 2005 at which point it was taken over by Nanjing Automobile in China.