Wolseley Motors
Wolseley went bankrupt in 1920s and was bought at auctioned in 1927 by William Morris, later Viscount Nuffield for £730,000 of his own money. Wolseley had begun aero engine development in 1929 but when Lord Nuffield sold Wolseley Motors to Morris Motors Limited on 1 July 1935, he decided to keep aero engine development quite separate and it remained Lord Nuffield's personal property independent of the Morris Motors group.