Currently owned by BMW, Triumph Motor Company was started by in 1885 by Siegfried Bettmann and Mortiz Schulte. Siegfried and Mortiz were bicycle manufactures in Coventry, England. In 1902 they began to manufacture motorcycles as the Triumph Cycle Co, Ltd. In 1930 the company was renamed Triumph Motor Company and began to manufacturer automobiles with engines designed by Coventry Climax, but in 1937 Triumph started to produce their own design of motors with the help of Donald Healey. The Triumph name has been under BMW control since the acquisition of the Rover Group in 1994. In 2007 BMW was rumored to revive the Triumph brand and images of what was rumored to be the new Triumph TR4 surfaced, but BMW has since provided no confirmation to the rumors or images.