European Auto ABS Show Positive Signs

25 May 2012

The performance of European automobile asset-backed securities has shown positive trends in the first quarter, according to Fitch Ratings.

The performance of European automobile asset-backed securities has shown positive trends in the first quarter, according to Fitch Ratings. Fitch noted that its 60-180-day delinquency index remained stable at 0.7% in the first quarter, while its net loss index slipped from 0.4% to 0.3%.

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