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Shift Technologies Files for Chapter 11 Bankruptcy in California

Oct. 9, 2023, 11:18 PM UTC
Janine Phakdeetham
Janine Phakdeetham
Bloomberg News

Online used car seller Shift Technologies Inc. files for bankruptcy protection in California, according to a court filing.

  • Estimated liabilities: $100m-$500m
  • Estimated assets: $0-$50,000
  • NOTE: Shift Tech Dives on Plan to File for Chapter 11, Wind Down

To contact the reporter on this story:
Janine Phakdeetham in Bangkok at jphakdeetham@bloomberg.net

To contact the editors responsible for this story:
Michael Sin at msin12@bloomberg.net

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