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Home » Sales offset auto ABS issuance drop in December (Big Wheels) 

Sales offset auto ABS issuance drop in December (Big Wheels) 

Auto Finance Composite Index ticked up 2.9% YoY in December 

Amanda HarrisbyAmanda Harris
January 17, 2025
in Big Wheels
Reading Time: 2 mins read
0
Cars on the highway

(Photo/Canva)

A rise in auto sales offset a decline in auto asset-backed securitization issuance in December, contributing to stronger auto finance industry performance year over year, even as performance weakened month over month.   The Auto Finance Composite Index landed at 106.59 in December, up 2.9% YoY but down 8.5% MoM. By comparison, the index, which has […]

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