{"id":8483,"date":"2025-05-13T15:26:26","date_gmt":"2025-05-13T23:26:26","guid":{"rendered":"http:\/\/inedc.com\/26\/?p=8483"},"modified":"2025-05-13T15:26:26","modified_gmt":"2025-05-13T23:26:26","slug":"techno-toy-tuning-files-for-chapter-11-bankruptcy-in-shingle-springs","status":"publish","type":"post","link":"http:\/\/inedc.com\/26\/business\/techno-toy-tuning-files-for-chapter-11-bankruptcy-in-shingle-springs\/","title":{"rendered":"Techno Toy Tuning Files for Chapter 11 Bankruptcy in Shingle Springs"},"content":{"rendered":"<p>Shingle Springs, Calif. \u2014 May 13, 2025<\/p>\n<p>Techno Toy Tuning LLC, a well-known El Dorado County auto parts manufacturer specializing in performance upgrades for vintage and discontinued vehicles, has filed for Chapter 11 bankruptcy under Subchapter V, citing financial challenges and outstanding debts in the millions.<\/p>\n<p>The Shingle Springs-based company submitted its bankruptcy petition on May 10 in the U.S. Bankruptcy Court for the Eastern District of California. According to court documents, Techno Toy Tuning estimates its assets between $100,000 and $500,000, while liabilities range from $1 million to $10 million.<\/p>\n<p>Among its largest creditors are the U.S. Small Business Administration, owed approximately $2 million; WebBank, with a claim of about $103,000; and U.S. Bank NA, owed roughly $58,000. The company stated in its filing that it anticipates having funds available for distribution to unsecured creditors after administrative expenses are paid.<\/p>\n<p>Founded more than 25 years ago, Techno Toy Tuning has built a global customer base by producing high-performance suspension, drivetrain, and steering components. Their products cater primarily to owners of classic models such as the Datsun 240Z, Toyota Celica, Mazda RX series, and others often favored in motorsports and collector circles.<\/p>\n<p>\u201cTechno Toy Tuning has long been respected for offering customizable, race-tested parts for enthusiasts passionate about preserving performance in aging vehicles,\u201d said automotive journalist Eric Sorensen, who has followed the company for more than a decade. \u201cTheir challenges reflect broader pressures facing small manufacturers in a globalized, high-tech supply chain.\u201d<\/p>\n<p>According to its website, the company also supports motorsport organizations such as the Sports Car Club of America (SCCA), National Auto Sport Association (NASA), and Formula Drift, where many of its parts have been field-tested in professional competition. The firm markets its products worldwide via Technotoytuning.com, and through domestic dealers located in California and Texas.<\/p>\n<p>Subchapter V of Chapter 11 is designed to simplify and expedite the reorganization process for small businesses, enabling them to continue operating while restructuring debts.<\/p>\n<p>As of press time, Techno Toy Tuning has not issued a formal public statement. The case remains pending before Judge Christopher M. Klein in Sacramento.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Techno Toy Tuning Files for Chapter 11 Bankruptcy Amid Ongoing Financial Strain<\/p>\n","protected":false},"author":1,"featured_media":8484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"7","parallax":"1","layout":"no-sidebar-narrow","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"float","share_float_style":"share-normal","show_share_counter":"1","show_view_counter":"1","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"1","show_inline_post_related":"1"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":"Iconic Auto Parts Maker Seeks Urgent Reorganization Amid $2 Million SBA Debt"},"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[6],"tags":[],"class_list":["post-8483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Techno Toy Tuning Files for Chapter 11 Bankruptcy in Shingle Springs - Placerville NewsWire<\/title>\n<meta name=\"description\" content=\"Techno Toy Tuning files for Chapter 11 bankruptcy in Shingle Springs, citing $1M\u2013$10M in debt. 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