Fitch: U.S. Auto ABS Losses Rise as 'Softer Fall' Approaches


(The following statement was released by the rating agency) NEW YORK, August 26 (Fitch) Losses on both prime and subprime U.S. auto ABS rose in July following lows seen earlier in the spring, according to Fitch Ratings. Despite the increase, used vehicle values have stayed strong in the past two months. Additionally, overall asset performance remains strong heading into the softer fall months thanks to the healthy wholesale vehicle market and slowly improving economic factors. That ...


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Jan 18, 2018

2018 Wards 10 Best Engines Editorial Roundtable Part 2

WardsAuto editors discuss some of the 22 nominees that did not make the cut in this year's Wards 10 Best Engines competition....More


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