German Diesel ABS Risks May Be Easing, but Have Not Disappeared

Recent market and regulatory developments suggest that the immediate risks to
German auto ABS transactions from declining diesel car prices have eased, Fitch Ratings says. This would be consistent with our decision not to adjust our asset performance assumptions so far in response to proposed driving bans and shifting consumer sentiment away from diesel, but it remains important to monitor developments and test transactions for their resulting sensitivities.

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