This report does not constitute a rating action. CHICAGO (S&P Global Ratings) Nov. 6, 2026--U.S. auto loan asset-backed securities (ABS) saw stable month-over-month prime and subprime performance in Septemeber 2026, said a report published (see"U.S. Auto Loan ABS Tracker: September 2026 Performance ,†Nov. 5, 2026). U.S. auto loan ABS losses declined in September 2026, while 60-plus-day delinquencies remained stable in both the prime and subprime segments. Prime recoveries improved, while subprime recoveries declined. Other key takeaways: Prime annualized losses decreased month over month by eight basis points (bps) to 0.63% as the recoveries increased 267 bps to 57.92% from 55.25%. Meanwhile, 60-plus-day delinquencies remain stable at 0.57%. Year over year, prime losses fell 16 bps, recoveries increased
