Shift SPAC Presentation Deck
Shift is Uniquely Positioned to Outperform During the Pandemic
"Shift, an e-commerce marketplace for buying and selling cars, today announced it is offering its proprietary
software solutions to a limited number of dealership groups that may have seen a drop in sales as a result of
COVID-19. The company is looking to work with dealership groups that have multiple stores either shut down
or operations significantly impacted by the nation-wide social distancing orders."
- PR Newswire, April 9, 2020
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"As we detail below, comments and insights from Mr. Arison suggest clearly both the underlying power and
nimbleness of the up & coming Shift model and the potential for significant recovery in the used car business
broadly as current COVID-19 headwinds abate."
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"Shift's model was already different than the traditional dealership "hub," but the company is now changing
again. 'We've fundamentally redone the way we offer our core service,' Russell said. "Shift was originally
designed to let people shop online for a car, push a button and let a car come to them. 'We had to really
change that into a no-contact test drive, which is the way any retail business should be going,' he said."
- San Francisco Chronicle, April 20, 2020
- Wall Street Analyst, April 28, 2020
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Note: Shift has neither sought nor obtained the consent from any third party to use any statements or information contained in this presentation that have been obtained or derived from statements made or published by such third parties. Any such statements or
information should not be viewed as indicating the support of such third parties for the views expressed hereinView entire presentation