Lower auto ABS issuance leads to weakened industry performance (Big Wheels) #IndustryFinance

The auto finance industry was weaker in August on a year-over-year and sequential basis, largely due to a decline in auto securitization issuance, but supported by strong vehicle sales.   The Auto Finance Composite Index fell to 114.33 in August, a decline of 8.7% year over year and 5.3% month over month.   Using a […]