Auto Finance Composite Index down 12% YoY (Big Wheels)
ABS volume, SAAR declines contribute to dip in industry performance
Auto asset-backed securitization volume was a major driver of auto finance industry performance in May, while vehicle sales were steady year over year but declined month over month. The Auto Finance Composite Index landed at 141.08 in May, down 12% YoY but up 11% MoM. The index measures how the industry is performing based […]
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