US auto ABS performance showing signs of stress-S&P

Newswire

NEW YORK, Jan 22 (Reuters) - The credit performance of U.S. asset-backed securities supported by auto loans is showing signs of deterioration, pushing delinquencies on prime securities to exceed 2001's recessionary levels, said Standard & Poor's in a report on Tuesday. S&P said its auto loan static index is indicating delinquencies of 30 or more days late on 2006 prime securitizations have hit seven-year highs. "The liberalization of credit standards, escalating mortgage ...

Premium Content (PAID Subscription Required)

"US auto ABS performance showing signs of stress-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.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×