NEW YORK--(BUSINESS WIRE)--Delinquency and loss increases for U.S. prime and subprime auto ABS have been modest over the past year, but Fitch Ratings cautions against overconfidence in the latest round of its Virtual Investor video series for U.S. structured finance. The hyper-competitive environment of 2014 has not changed through the first half of this year. This has led to performance declines, with subprime auto delinquencies up 9% year over year (through April 2015) and annualized net loss
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