Report title: Tyre Tracks Fitch European Auto ABS Index - June 2009
from Fitch Research
11 page (5574 word) report published Jun 22, 2009

Price $275.00 available for immediate download
Report Overview
 
Search Inside
 
About Fitch Research

...The European auto ABS sector has seen an increased number of negative signs during Q109. While the Fitch Net Loss Index (Fitch NLI) remained within historic levels during Q109, the Fitch 60-180 Delinquency Index (Fitch DI) marked an all time peak by increasing to 1.5 (+0.2). Since December 2007, the Fitch DI has increased by 0.5 to 1.5 and is not expected to stabilise during the next quarter. The Fitch Excess Spread Index decreased to 2.1 in Q109 from 2.3 in Q408. EU consumer confidence fell further in Q109 and new car registrations continued their negative trend across all major countries (with the exception of Germany, where passenger car registrations benefitted from the car scrapping scheme introduced by the government). New car registrations reported another sharp drop in Spain, Italy and the UK, whereas car registrations in France fell by 3.9% (vs. Q108). Issuance volumes in Q109 were also significantly lower compared with Q108, with only three new auto ABS transactions launched in...

Report Type: Newsletter
Free Sample: Click Here to Download
Format:
PDF Adobe Acrobat


Enter the keyword(s) which you would like to search for within this document and click "Search"  


Price: $275.00



  Can't Decide?

Purchasing premium research sight unseen can be intimidating. At Alacra we want you to know what you are getting. Visit our FAQ or ask our Customer Service Team any questions about the report you are considering purchasing.