New subprime entrants shape auto loan vintage comparisons
Credit expansion within the overall U.S. economy is shaping how auto loan vintages perform, with expected losses continuing to rise ...
Credit expansion within the overall U.S. economy is shaping how auto loan vintages perform, with expected losses continuing to rise ...
Lenders are increasingly packaging auto loans with terms of 72 months or longer into asset-backed securities deals as more consumers opt to spread out vehicle costs to lower monthly payments. Longer-term loans ...
U.S. economic growth likely will cool in 2026 as consumer spending weakens and global oil prices influence activity and demand, according to Fitch Ratings. Compressed spending, in turn, could influence auto ...
Auto asset-backed securitization spreads showed little movement through early June on the heels of modest widening after the start of ...
The auto asset-backed securitization market is showing signs of resilience, but investors and issuers continue to navigate bifurcation between prime ...
Challenging macroeconomic conditions could make it harder for some automotive companies to access funding in the near term, leading to potential defaults and bankruptcies. ...
Auto Finance News is pleased to announce that Michael Girard, senior director of asset-backed securities over North America at Fitch Ratings, will participate in ...
Ford Motor’s costly restructuring plans that include refocusing its long-term investment in EVs are not expected to affect the company’s ratings, but might signal a wider industry shift toward hybrids, internal combustion engine vehicles and more affordable ...