July 21, 2024

Big Wheels: Auto ABS volume surpasses $91.2 billion, exceeding 2023 projections

Automobile-backed securitization volume is steadily increasing as weekly reports in the first half of 2024 continue to surpass the volume reported in 2023. As of June 14, auto ABS issuance totaled $91.2 billion year-to-date, compared to $65.4 billion in 2023, according to data from JPMorgan Securities. Prime auto ABS issuance saw a significant jump […]

Frequently Asked Questions:

Q: What is auto asset-backed securitization?

A: Auto asset-backed securitization (ABS) refers to the process of pooling a group of auto loans or leases and selling them to investors in the form of securities.

Q: Why is auto ABS issuance on the rise?

A: The increase in auto ABS issuance can be attributed to a growing demand for these securities among investors, as well as favorable market conditions.

Q: What are the benefits of auto ABS?

A: Auto ABS provide lenders with a way to raise capital by transferring the risk of default on the underlying auto loans to investors. They also offer investors the opportunity to earn a steady stream of income through interest payments on the securities.


Auto asset-backed securitization volume is on the rise, with issuance in 2024 outpacing that of 2023. This trend is driven by factors such as increasing investor demand and favorable market conditions. Auto ABS offer benefits to both lenders and investors, making them a popular choice in the financial markets.

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