Can auto ABS weather the pandemic? | Auto Finance News | Auto Finance News

Can auto ABS weather the pandemic?

Photographer: Michael Nagle/Bloomberg

In the past few weeks, six auto lenders have jump-started the securitization market after a nearly one-month hiatus. CarMax Auto Finance, GM Financial, Hyundai Capital America, Nissan Motor Acceptance Corp., Santander Consumer USA and Toyota Financial Services combined to issue $6.1 billion of securitization volume without even having to tap the Federal Reserve’s emergency funding […]

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