As part of efforts to support its customers, the auto marketplace will not be charging retailers for their advertising packages during April and will also allow customers to defer payment of their advertising costs for March for 30 days.
The files concerned Light Detection and Ranging (Lidar) tech, which help self-driving cars perceive the world around them. Levandowski brought those files with him to own startup, called Ottomotto, which was acquired by Uber for $680 million.
With reports of up to 50% fewer people visiting physical dealerships the evidence of continuing underlying consumer demand for cars will come as a relief to an industry facing unprecedented challenges.
Peter Vardy, Chief Executive of the Peter Vardy Group, said: “We’re not trying to sell anything. We’re genuinely trying to help the sector out. For a lot of businesses there’s a sense that, if they are not able to transact online in the coming weeks and months, life will be extremely difficult for them.”
Big Motoring World has four sites. According to the Motor Trader Top 50 Independent Dealers it had turnover of £219.4m in 2019. Bailey, now a business investor, has been linked to the project since January 2019.