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As part of Rover, Alvis Limited was incorporated into British Leyland but was bought by United Scientific Holdings plc in 1981. Subsequently the company's name changed to Alvis plc. In 1998, the armoured vehicle business of GKN plc was taken on and the main UK manufacturing operation moved from Coventry to Telford. The site of the Alvis works in Holyhead Road is now an out-of-town shopping complex, but its name, Alvis Retail Park, reflects the heritage of the site.
In 2002 Alvis group purchased Vickers to form the subsidiary Alvis Vickers Ltd which was subsequently purchased by BAE Systems in 2004. BAE Systems have ended the use of the Alvis distinctive 'red triangle' trademark.