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Lenders inject $9.6B into auto ABS market in August

Nonprime issuances clocked in at $5.2B

Joey Pizzolato

Auto asset-backed securitization issuers injected $9.6 billion in 12 prime, nonprime, leasing and motorcycle deals in August as cost of funds continues to remain low and investor appetite for auto notes remains strong. The latest funding rounds in August bring year-to-date auto ABS issuances to $90.2 billion, a 133.9% year-over-year increase from YTD volume in […]

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