Autos still in ‘eye of the storm’ as support wanes

By Jennifer Kang
16 Sep 2020

Auto ABS players are looking cautiously at the recent recovery in liquidity, spreads and used car values, particularly as various government support schemes roll off in Europe and the US, said panellists speaking during day two of Global ABS 2020.

The auto ABS market has come a long way since March with the help of unprecedented government support ranging from payment holidays across Europe to stimulus checks distributed directly to consumers in the US.

As a result, important metrics that point to the health of auto ABS, such as ...

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