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

Newswire

(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 ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Feb 11, 2016
Video
WardsAuto

Hyundai Plug-In Hybrid EV -- 2016 Award Acceptance

Hyundai accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×