Consumer ABS

Exeter Finance's $300 million subprime auto loan securitization closed off a busy week for the asset class that also saw deals sponsored by Westlake, DriveTime and Santander marketing.

Volkswagen Financial Services will tap its Spanish auto loan receivables on its upcoming Driver Trust securitization.

Volkswagen Financial Services U.K. is pooling £750 million of U.K. auto loans to back sterling denominated bonds issued from its UK Driver trust.

GMAC-SAIC Automotive Finance Co. is rolling out a RMB 3 billion ($470 million) securitization of short-dated Chinese auto loans, according to Moody’s Investors Service.