Affordability challenges drive losses higher on securitized nonprime loans
The auto asset-backed securitization market is showing signs of resilience, but investors and issuers continue to navigate bifurcation between prime ...
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 ...
Tariffs and hampered consumer demand are impacting powersports and auto companies’ ability to meet their long-term financial commitments. Imported parts ...
An uptick in auto asset-backed securities issuance by small, newer subprime issuers in recent years contributed to an increase in ...
The rate of 60-day delinquencies on subprime asset-backed securities deals has consistently risen since April following an improvement at the ...
Despite the COVID-19 pandemic sending waves through the auto finance industry during the past year, the asset-backed securities market continued ...