Auto ABS adequately supported but weakness seen-S&P

Newswire

NEW YORK, Dec 20 (Reuters) - Standard & Poor's said a review of $113.5 billion of U.S. auto loan asset-backed securities showed adequate credit support to maintain current ratings but warned delinquencies and losses were growing. S&P said its review comprised 143 auto ABS transactions originated during 2006 and 2007. "Although expected losses were revised upward in many cases, we currently believe that all auto ABS transactions remain adequately enhanced at their assigned ...

Premium Content (PAID Subscription Required)

"Auto ABS adequately supported but weakness seen-S&P" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×