Residual value data gathered from Hertz’s future auto asset-backed securitizations (ABS) that include a larger share of electric vehicles (EV) are poised to provide issuers of consumer auto ABS with key performance insights as the auto industry continues its push toward electrification. Hertz, which securitizes large portions its leased fleet on the secondary market, ordered 100,000 Tesla vehicles in October, a deal […]
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