February 28, 2018 / 10:58 AM / 6 months ago

BRIEF-S&P says diesel resale values will likely fall more steeply after German ban

Feb 28 (Reuters) - S&P SAYS

* AUTO ABS TRANSACTIONS’ COLLATERAL PERFORMANCE COULD WEAKEN DUE TO GERMAN DIESEL BANS

* DIESEL RESALE VALUES WILL LIKELY FALL MORE STEEPLY, BUT TOO EARLY TO JUDGE THE FULL RATING IMPACT ON AUTO ABS

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