Following partial nationalisation in 1975, BLMC became British Leyland (later just BL). British Leyland's management and engineering staff were predominantly from the former Leyland organisation, which included MG's historical close rival Triumph. Triumph was grouped into BL's Specialist Division, alongside Rover and Jaguar, while MG was retained with the other former BMC marques in the Austin-Morris Division, which otherwise made mass-production family cars. While new Triumph models such as the TR7 and the Dolomite were launched during the Seventies no new MG models were introduced apart from the limited-production V8 version of the MGB. While the MG operations was profitable these profits were entirely offset by the huge losses accrued by the rest of the Austin-Morris division and any funding to the Division within BL was allocated to urgently required mass market models, leaving MG with limited resources to develop and maintain its existing model range, which became increasingly outdated. Amidst a mix of economic, internal and external politics, the Abingdon factory was shut down on 24 October 1980 as part of the drastic programme of cutbacks necessary to turn BL around after the turbulent times of the 1970s. The last car built there was the MGB, and after the closure of the Abingdon plant, the MG marque was temporarily abandoned, and BL decided that there would be no immediate direct successor to the MGB or Midget.