Auto Trader extends free advertising packages for retail customers 

auto trader car-showroom

Motor dealing website Auto Trader said it’ll continue to offer free advertising packages to its customers during the extended lockdown.

Auto Trader

The company made the announcement in a statement issued via the London Stock Exchange, where its shares are listed.

Like many businesses, the company is trying to deal with the impact of the coronavirus outbreak on trading.

Continued support for our customers

“The UK automotive market continues to face unprecedented levels of disruption, and following the government’s announcement on 16th April, vehicle retailers must now remain closed for business for at least a further three weeks”, the firm said.

“We will advise our customers today that, while they are required to remain closed during May, our advertising packages will continue to be free.”

Nathan Coe, Auto Trader’s Chief Executive Officer, commented: “We remain committed to supporting our customers, our industry and our people.

“As our customers are not able to meaningfully trade, we will do what we can to support them such that when restrictions are lifted, they are able to get back to business.”

The publishing and digital services firm raised around £200m earlier this month; as the lockdown slammed the brakes on the sale of cars.

The firm’s shares have fallen from an all time high of £6.02 in February to £4.28 on Friday.