NADA data has Fitch Ratings upbeat about dealer floorplan ABS performance
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Tuesday, Feb. 23, 2021, 08:02 PM
Auto Remarketing Staff
NEW YORK -
Fitch Ratings cited multiple data points from the National Automobile Dealers Association in explaining its reasons to state that dealer floorplan asset-backed securities (ABS) performance is expected to be stable in 2021. Along with the strong profit metrics noted by NADA, Fitch said its dealer floorplan ABS asset performance and rating outlooks are stable for […]