Increased new-car sales, ABS issuance lead to 32% jump in industry performance (Big Wheels)
Auto Finance Composite Index rises to 150.22
A jump in new-vehicle sales and higher auto asset-backed securitization volume contributed to a year-over-year improvement in the auto finance industry’s overall health in August. The Auto Finance Composite Index, which provides insight into overall industry performance, landed at 150.22 in August, up 31.5% YoY but down 3.1% month over month. Auto Finance Composite Index […]
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