Wolseley Motors
In February 1927, in competition against—amongst others—its creator, Herbert Austin, Morris paid £730,000 for the assets of the collapsed Wolseley Motors Limited which became his personal property. Wolseley were at this stage in fairly advanced development of an overhead camshaft 8 hp car, which he launched as the first Morris Minor in 1928. The original MG Midget, launched in 1929, was based on the Minor.