The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Wholesale / Retail Retail trade Retail sale of motor vehicles, motorcycles and related parts and accessories 47.8 - Retail sale of motor vehicles, motorcycles and related parts and accessories
200 jobs Number of planned job creations
Announcement Date
6 December 2016
Employment effect (start)
Foreseen end date
Description
Trade Centre Wales, the car superstore, has confirmed that it will expand to England with its purchase of the former Carcraft site in Wednesbury in the West Midlands. The retailer, which is the largest seller of cars in Wales, has confirmed that it will create 200 jobs at the new site. The site has been empty since the demise of the Carcraft business and local politicians and business groups have expressed support for the new venture. The exact opening date has not been confirmed and it is understood that some refurbishment work will be carried out. Reports for the opening suggest sometime early in 2017.
Sources
6 December 2016: Express and Star
6 December 2016: AM Online
Citation
Eurofound (2016), Trade Centre Wales, Business expansion in United Kingdom, factsheet number 89398, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89398.
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