The performance landscape for U.S. dealer floorplan ABS is likely to improve for the already resilient  asset class, according to Fitch Ratings.

The  turnaround  for  dealers comes following several years of declining profitability  and  mounting  pressures.  "Dealer floorplan transactions were  already  exhibiting  resiliency  to  the  recent credit crisis and financial  strain  over the last two years," said senior director Hylton Heard. "Recently  improved  auto  sales  and subsiding dealer costs are likely to further stabilize performance trends."

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