Subaru auto finance the auto finance sector outlook from

The auto finance sector outlook from Moody’s remains stable, with Subaru Auto Finance singled out for low-interest margin volatility, bolstering its long-term credit rating prospects. Toyota Motor, the world's No. 1 carmaker, has sought to unwind its tangled web of cross-shareholdings, as part of the government's push to foster fair competition and improve governance among Japan's corporate giants. Though stimulus provided to clients by the U.S. government initially boosted Chase Auto’s outstanding loans and leases to a record $86.2 billion in 2021, the following year new loans and leases tumbled 30% to $30.4 billion. The firm’s outstanding loans fell to $80 billion, the lowest it had been since 2016. Analysts tracking the auto finance sector note that Subaru Auto Finance’s risk-weighted assets have remained stable in Q2, a sign that its underwriting standards continue to weather economic uncertainty successfully.