Auto Dealer Floor Plan ABS Get A Boost

24 May 2012

Performance of automobile floor plan asset-backed securities has gotten a boost from growing U.S. new and used-car sales, according to Fitch Ratings.

Performance of automobile floor plan asset-backed securities has gotten a boost from growing U.S. new and used-car sales, according to Fitch Ratings. Fitch says its outlook for both auto and diversified dealer floor plan ABS is stable.

Click here to read the release from Fitch.

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