Consumer ABS

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.

A Chinese unit majority owned by Nissan Motor Co. is prepping an auto loan securitization for CNY1.5 billion ($242 million).