Morningstar DBRS Posts Podcast Episode 20 on European Auto ABS: Too Much Green Can Add Uncertainty
ABCP, Auto, RMBSIn the latest episode of Morningstar DBRS' "European Securitisation Insights" podcast, host Mudasar Chaudhry, who leads our European Structured Finance Research team, is joined by Guglielmo Panizza, Vice President, European ABS Ratings, and Miklos Halasz, Assistant Vice President, European ABS Ratings, to discuss the treatment of alternative-fuelled vehicles in asset-backed securities (ABS) transactions.
The episode provides an overview of the European auto market covering key trends and some differences among jurisdictions. Road vehicles contribute roughly 15% of global CO2 emissions, and, more specifically, cars and vans contribute around 10%. Working towards net-zero targets, the auto industry is shifting towards alternative fuel vehicles, and we are beginning to see this change also in securitised European auto pools. The speakers examine whether this transition from internal combustion engines to alternative-fuelled vehicles has any impact on the credit performance or credit rating analysis of auto ABS transactions.
Related Content:
-- "European Auto ABS: Too Much Green Can Add Uncertainty" https://dbrs.morningstar.com/research/432991/european-auto-abs-too-much-green-can-add-uncertainty
-- "Rating European Auto Wholesale Securitisations"
https://dbrs.morningstar.com/research/435289/rating-european-auto-wholesale-securitisations
PODCAST DETAILS
(1) Click on the following link or copy and paste it into your web browser to replay the podcast: https://european-securitisation-insights.simplecast.com/.
(2) App store links:
-- Apple Podcasts: https://podcasts.apple.com/us/podcast/european-securitisation-insights/id1676474553
-- Spotify: https://open.spotify.com/show/2qDHc0QPPQKbtoFqv34sgh
-- Amazon: https://music.amazon.com/podcasts/d533dec3-9a37-4f58-9edd-312bedb7f2aa/european-securitisation-insights
-- Google: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5zaW1wbGVjYXN0LmNvbS9fRkFYclRjdg
For questions regarding this event, please contact euevents@morningstar.com.
DBRS Ratings Limited
1 Oliver's Yard 55-71 City Road, 2nd Floor
London EC1Y 1HQ United Kingdom
Tel. +44 (0) 20 7855 6600
Registered and incorporated under the laws of England and Wales: Company No. 7139960