U.S. Auto Finance 2021 Outlook: A Winding Road Ahead
DBRS, Inc. (DBRS Morningstar) published a commentary reviewing the 2021 outlook for the auto finance sector. Overall, for 2021, we expect solid operating performance from the U.S. auto finance companies we follow despite the still challenging near-term economic outlook. Although the job market recovery remains uneven, we anticipate new vehicle sales volumes will be higher year-over-year and used vehicle sales volumes will remain strong.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
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