Ford, Toyota, Cap One inject $4.6B into ABS market | Auto Finance News | Auto Finance News

Ford, Toyota, Cap One inject $4.6B into ABS market

© Can Stock Photo / Elwynn

Auto asset-backed securities volume is growing this year, with volumes outpacing last February’s levels to reach $22 billion, a near 60% increase compared with the prior-year period, according to JP Morgan Securities. Despite predictions that auto ABS volume will remain flat compared with 2019, when it clocked in at $120.9 billion by yearend, according to […]

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