Despite troubles in the auto sector, dealer floorplan ABS are gaining ground.

John McElravey, a senior analyst at Wells Fargo Securities, said that his outlook for floorplan ABS in 2010 is currently pegged at $10 billion, although the volume in the asset class might go over this amount given the number of deals from the sector that have come to market thus far.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.