 Over the next few years it became clear that because of the low regard for many of the group's products insufficient capital could be provided to develop and begin manufacture of new models, including Jaguars, particularly if Jaguar were to remain a part of the group.In July 1984, Jaguar was floated off as a separate company on the stock market – one of the Thatcher government's many privatisations– to create its own track record.Installed as chairman in 1980, Sir John Egan is credited for Jaguar's unprecedented prosperity immediately after privatisation.