Ford to reopen European auto ABS market

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Ford to reopen European auto ABS market

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The reflection of a Ford Five Hundred is shown on the tail gate and badge of a F-150 truck at Bob Maxey Ford in Detroit, Tuesday, July 19, 2005. Ford Motor Co. said its profit fell 19 percent in the second quarter from a year ago, stung by lower production and intense competition in North America, where it lost more than $900 million. (AP Photo/Paul Sancya) | PAUL SANCYA/AP/Press Association Images

Ford Credit Europe Bank is lining up its second German auto loan ABS deal of the year to hit its £1bn securitization funding target for 2016.

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