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Concept Automotive Services has bought the Cannock site of Car Group, the failed second-hand car dealer, which means it now has eight sites nationwide. 13-Nov-1998 Car Group has confirmed that refinancing discussions are under way, and it is believed that the Surrey-based dealer Concept Automotive is preparing a reverse takeover of Car Group. 12-Aug-1998 Car Group, the used-car retailer, is in refinancing talks with a leading financial institution that is interested in taking a stake in the company and offering financial packages to its customers. 25-Jul-1998 Car Group is planning a review of its car supermarkets business following a fall in demand and a fall in its share price. 15-Jul-1998 Car Group is to continue with its opening programme for car supermarkets, despite a warning that its profits will be hit this year by falling demand for used cars. 13-Jun-1998 Car Group is opening a car retail site in Manchester offering 1,000 nearly-new vehicles, and will also open sites in London and the Sheffield-Nottingham area later this year. 15-May-1998 Car Group is planning to open "nearly new" vehicle outlets in London and Manchester next year, which will be followed by the roll out of a national branding programme. 21-Nov-1997 Car Group is acquiring Empress Car Co (Abertillery) for £20m, thus doubling its car sales to over 600,000 per year. 10-Sep-1997 Car Group is said to be discussing the acquisition of Empress Car Co, the Welsh car retailer with three sites and net assets of £9m. 06-Sep-1997 Car Group, the car supermarket chain, is linking up with Lloyds TSB to set up a joint venture called National Used Car Arbitration, which will offer warranties to people who buy used cars from private sellers. 27-Aug-1997 Car Group has formally unveiled its £5.5m used car supermarket at Northampton, and now plans to open another in south Wales later this year followed by at least another two next year. 28-Jun-1997 Car Group has raised £20m from an oversubscribed flotation in order to fund the development of a national network of used car supermarkets. 22-Nov-1996
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