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March 5, 2010

Seasonality Results in Higher Losses for Prime Auto ABS

Seasonal weakness drove U.S. prime auto loan ABS losses slightly higher in January versus prior months, according to Fitch Ratings.

Tags: 60-day delinquency, Fitch Ratings, prime auto ABS, used-vehicle values, wholesale-vehicle values

March 1, 2010

National 60-Day Delinquency Rate Remains Flat In 4Q 2009

The national 60-day auto delinquency rate showed no change between the third and fourth quarters of 2009 at 0.81 percent, according to TransUnion's quarterly analysis of trends in the auto industry.

Tags: 60-day delinquency, TransUnion

December 29, 2009

New Year Brings Continued Performance Pressure for Auto ABS

Annualized net losses (ANL) on U.S. auto ABS rose again in November in a trend likely to continue into 2010, according to Fitch Ratings.

Tags: 60-day delinquency, auto ABS, Fitch Ratings

December 16, 2009

TransUnion Forecasts Auto Delinquencies to Fall and Rise in 2010

The national auto loan delinquency rate will increase approximately 7 percent at the end of 2010 to 0.92 percent, up from an expected 0.86 percent at the conclusion of 2009, according to TransUnion’s annual auto loan forecast.

Tags: 60-day delinquency, TransUnion

December 10, 2009

Industry Shows Signs of Stabilization, Says Experian

Despite continued economic struggles, the automotive lending industry in the U.S. showed signs of stabilization during the third quarter 2009, according to a quarterly analysis of automotive credit by Experian Automotive.

Tags: 30-day delinquency, 60-day delinquency, average credit score, average new vehicle loan, Experian Automotive

December 1, 2009

60-Day Rate Rises, But Following Cyclical Pattern, Says TransUnion

The national 60-day auto delinquency rate rose between the second and third quarters, but analysts for TransUnion.com said the rise was consistent with what’s occurred in 2009. The report also showed that some states are emerging from the recession faster than others.

Tags: 60-day delinquency, TransUnion

September 1, 2009

Delinquency Rates Continue To Fall In 2Q

The industry experienced a drop in the 60-day auto delinquency rate in the second quarter 2009, reflecting a seasonal pattern rather than a change in the current lending environment, according to TransUnion’s quarterly report on auto lending trends.

Tags: 60-day delinquency, TransUnion

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