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Porsche Financial Services

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uuid000b7xa

Namestring
Porsche Financial Services
Legal namestring
Porsche Financial Services, Inc.
Websiteurl
porsche.com
Company typeenum
Private
Founded yearint
2003
Descriptiontext

Porsche Financial Services (PFS) is the captive financial services division of the Volkswagen Group, providing financing, leasing, insurance, and (as of November 2025) a premium consumer credit card to Porsche vehicle customers. The North American operations are headquartered in Atlanta under Porsche Financial Services, Inc., while the German entity Porsche Financial Services GmbH anchors European activities. PFS serves an exclusive customer base of existing Porsche owners, a high-net-worth persona, and operates through Porsche's dealer network as its primary distribution channel in the U.S. and Canada, with over 100,000 customers and a $9 billion portfolio.

The business generates revenue from two principal streams: (1) captive auto financing and leasing, which produces interest income and lease payments funded in part through AAA-rated auto asset-backed securities (a $870.4 million ABS was issued in October 2025, the second such transaction that year); and (2) the newly launched Porsche Card, a premium metal credit card priced at 356 euros annually, issued via a card-as-a-service stack with Enfuce (issuer), Visa (processor), and Nordiska (credit provider). The Card replaces a prior direct-bank co-branding arrangement and is initially distributed in Germany with planned expansion to other European markets.

Operationally, PFS is small in headcount (51–100 employees) relative to its $9 billion portfolio, reflecting a high-asset, capital-markets-funded model rather than a labor-intensive operating model. Recent strategic emphasis is on product diversification (the Porsche Card) and geographic expansion into Europe, supported by leadership reinforcement with a new Vice President of Products and Marketing. The company does not disclose proprietary technology beyond the captive finance platform, and AI/ML capabilities are not evidenced in the available data.

Short descriptiontext

Porsche Financial Services is the captive finance division of Volkswagen Group, providing vehicle financing, leasing, insurance, and a premium credit card to existing Porsche owners. It manages a $9 billion portfolio serving over 100,000 customers across the U.S. and Canada, with new European product launches underway.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
captive auto financing, vehicle leasing, premium credit card, auto ABS securitization, mobility financial services
Industry2 codes
1New & Used Auto Purchase Loans
CodeFSAKADAAPrimaryYes
2Auto & Vehicle Leasing (Personal Use)
CodeFSAKANAAPrimaryNo
NAICS code2 codes
  • Sales Financing522220
  • Sales Financing52222
SIC code3 codes
  • Services-Auto Rental & Leasing (No Drivers)7510
  • Personal Credit Institutions6141
  • Asset-Backed Securities6189
Product category
Automotive Financial Services (Captive Auto Finance)
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Captive Auto Financing
TypeSubscription Recurring
Description

Provides financing and leasing solutions for Porsche vehicles through dealer partnerships, generating interest income and lease payments from customers

globenewswire.com
2Porsche Card Annual Fees
TypeSubscription Recurring
Description

Premium metal credit card issued to existing Porsche customers at 356 euros annually, generating recurring subscription revenue through card-as-a-service partnership model

newsroom.porsche.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain
Pricing details1 tier
1Premium metal credit card for existing Porsche customers
ModelSubscriptionBilling cadenceAnnual
Notes

356 euros annually

newsroom.porsche.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Porsche Financial Services provides captive financing, leasing, and insurance products for Porsche vehicles through the brand's dealer network, serving over 100,000 customers across the U.S. and Canada with a roughly $9 billion portfolio. In 2025 it expanded into branded consumer payments with the Porsche Card, a premium metal credit card priced at 356 euros per year, issued via a card-as-a-service stack with Enfuce, Visa, and Nordiska.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • $9 billion portfolio size indicates substantial market presence
+2 more records
Product overview1 text field

Porsche Financial Services (PFS), a division of the Volkswagen Group based in Atlanta, provides financial services to support Porsche vehicle sales and ownership. The company offers auto financing and recently launched the Porsche Card, a premium metal credit card product issued in partnership with fintech Enfuce, Visa, and Nordiska bank. PFS has expanded its portfolio to $9 billion and serves over 100,000 customers in the United States and Canada. The company also issues auto asset-backed securities (ABS) in the U.S. market, with a recent $870.4 million prime auto transaction.

Product and service1 record
1Captive Auto Financing
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-11
Description

Finnish fintech Enfuce serves as the card issuer for the new Porsche Card under a card-as-a-service model. Enfuce provides the infrastructure and licensing to enable Porsche to issue the premium metal credit card to its existing customer base.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2025-11-11
Description

Visa serves as the payment processor for the Porsche Card, enabling worldwide acceptance and transaction processing for the premium credit card product.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

General Motors' captive finance arm and a major U.S. auto ABS issuer. Overlaps with PFS on the captive finance and securitization business but serves a mass-market customer base, making it a broad-incumbent rather than direct luxury competitor.

TypeOthers
Description

Large independent U.S. auto finance lender and ABS issuer without an OEM affiliation. Comparable to PFS on the funding/securitization mechanics and competitive bidding for dealer finance relationships, though not a brand-aligned captive.

TypeEmerging player
Description

Tesla's in-house financing and leasing offering, primarily partnership-based with banks. Comparable to PFS as an automaker-controlled premium finance product, though Tesla leans on partners rather than operating a full captive balance sheet at PFS's scale.

TypeDirect peer
Description

BMW's captive auto finance and leasing arm serving BMW and MINI buyers with vehicle loans, leases, and insurance products. The closest direct competitor to PFS in luxury captive finance, with similar product mix and HNW customer base.

TypeBroad incumbent
Description

Toyota's global captive finance division supporting Toyota and Lexus vehicle sales. Comparable as a large-scale captive with ABS programs, though broader in customer base than the luxury-only PFS.

TypeDirect peer
Description

Mercedes-Benz's captive finance division offering auto loans, leases, and branded financial products to Mercedes buyers. Mirrors PFS's premium positioning, dealer-channel distribution, and brand-aligned financial services strategy.

TypeDirect peer
Description

Parent VW Group's mass-market captive finance division serving VW, Skoda, SEAT, and other brands. While broader in scope than PFS, it shares funding infrastructure, ABS platforms, and corporate governance, making it a meaningful operational comparable.

TypeDirect peer
Description

Audi's captive finance arm, a sister brand within Volkswagen Group. Operates with nearly identical captive model, dealer-channel GTM, and premium-luxury customer segment, making it the closest internal comparable to PFS.

TypeBroad incumbent
Description

Ford's captive finance subsidiary, one of the largest U.S. auto finance and ABS issuers. Comparable to PFS in operating captive model and capital-markets funding, though serving mass-market Ford customers rather than luxury buyers.

TypeDirect peer
Description

Toyota's luxury captive finance unit serving Lexus owners with leasing, financing, and insurance. Comparable to PFS as a luxury-brand-only captive with similar product structure and premium customer focus.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Porsche Financial Services

Automotive Financial Services (Captive Auto Finance)porsche.com

Porsche Financial Services is the captive finance division of Volkswagen Group, providing vehicle financing, leasing, insurance, and a premium credit card to existing Porsche owners. It manages a $9 billion portfolio serving over 100,000 customers across the U.S. and Canada, with new European product launches underway.

What Porsche Financial Services does

Porsche Financial Services (PFS) is the captive financial services division of the Volkswagen Group, providing financing, leasing, insurance, and (as of November 2025) a premium consumer credit card to Porsche vehicle customers. The North American operations are headquartered in Atlanta under Porsche Financial Services, Inc., while the German entity Porsche Financial Services GmbH anchors European activities. PFS serves an exclusive customer base of existing Porsche owners, a high-net-worth persona, and operates through Porsche's dealer network as its primary distribution channel in the U.S. and Canada, with over 100,000 customers and a $9 billion portfolio.

The business generates revenue from two principal streams: (1) captive auto financing and leasing, which produces interest income and lease payments funded in part through AAA-rated auto asset-backed securities (a $870.4 million ABS was issued in October 2025, the second such transaction that year); and (2) the newly launched Porsche Card, a premium metal credit card priced at 356 euros annually, issued via a card-as-a-service stack with Enfuce (issuer), Visa (processor), and Nordiska (credit provider). The Card replaces a prior direct-bank co-branding arrangement and is initially distributed in Germany with planned expansion to other European markets.

Operationally, PFS is small in headcount (51–100 employees) relative to its $9 billion portfolio, reflecting a high-asset, capital-markets-funded model rather than a labor-intensive operating model. Recent strategic emphasis is on product diversification (the Porsche Card) and geographic expansion into Europe, supported by leadership reinforcement with a new Vice President of Products and Marketing. The company does not disclose proprietary technology beyond the captive finance platform, and AI/ML capabilities are not evidenced in the available data.

Porsche Financial Services firmographics

Firmographics
Name
Porsche Financial Services
Legal name
Porsche Financial Services, Inc.
Website
https://porsche.com
Company type
Private
Founded year
2003
Operating status
Operating
Headcount range
51–100 employees
Short description
Porsche Financial Services is the captive finance division of Volkswagen Group, providing vehicle financing, leasing, insurance, and a premium credit card to existing Porsche owners. It manages a $9 billion portfolio serving over 100,000 customers across the U.S. and Canada, with new European product launches underway.
Ownership category
akta.pro rank

Porsche Financial Services industry classification

Industry
Product category
Automotive Financial Services (Captive Auto Finance)
NAICS
Sales Financing (522220), Sales Financing (52222)
SIC
Services-Auto Rental & Leasing (No Drivers) (7510), Personal Credit Institutions (6141), Asset-Backed Securities (6189)
akta.pro primary industry
New & Used Auto Purchase Loans (FSAKADAA)
akta.pro secondary industry
Auto & Vehicle Leasing (Personal Use) (FSAKANAA)

Keywords

  • Captive auto financing
  • Vehicle leasing
  • Premium credit card
  • Auto ABS securitization
  • Mobility financial services

Where Porsche Financial Services is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

Porsche Financial Services business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

  1. Captive Auto Financing: Provides financing and leasing solutions for Porsche vehicles through dealer partnerships, generating interest income and lease payments from customers
  2. Porsche Card Annual Fees: Premium metal credit card issued to existing Porsche customers at 356 euros annually, generating recurring subscription revenue through card-as-a-service partnership model

Pricing tiers

ModelBillingPrice
SubscriptionAnnualPremium metal credit card for existing Porsche customers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Porsche Financial Services product offering

Product offering

Core offering

Porsche Financial Services provides captive financing, leasing, and insurance products for Porsche vehicles through the brand's dealer network, serving over 100,000 customers across the U.S. and Canada with a roughly $9 billion portfolio. In 2025 it expanded into branded consumer payments with the Porsche Card, a premium metal credit card priced at 356 euros per year, issued via a card-as-a-service stack with Enfuce, Visa, and Nordiska.

Product overview

Porsche Financial Services (PFS), a division of the Volkswagen Group based in Atlanta, provides financial services to support Porsche vehicle sales and ownership. The company offers auto financing and recently launched the Porsche Card, a premium metal credit card product issued in partnership with fintech Enfuce, Visa, and Nordiska bank. PFS has expanded its portfolio to $9 billion and serves over 100,000 customers in the United States and Canada. The company also issues auto asset-backed securities (ABS) in the U.S. market, with a recent $870.4 million prime auto transaction.

Differentiator

Problem solved

Functional benefit

Products and services

  • Captive Auto Financing

Quantifiable outcome

  • $9 billion portfolio size indicates substantial market presence
  • +2 more outcomes

Companies that use Porsche Financial Services

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Porsche Financial Services technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Porsche Financial Services partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • EnfucecoreTechnology or Integration · 11 November 2025Finnish fintech Enfuce serves as the card issuer for the new Porsche Card under a card-as-a-service model. Enfuce provides the infrastructure and licensing to enable Porsche to issue the premium metal credit card to its existing customer base.
  • VisacoreTechnology or Integration · 11 November 2025Visa serves as the payment processor for the Porsche Card, enabling worldwide acceptance and transaction processing for the premium credit card product.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Porsche Financial Services competitors and assessment

Company assessment

Broad incumbents

  • GM Financial: General Motors' captive finance arm and a major U.S. auto ABS issuer. Overlaps with PFS on the captive finance and securitization business but serves a mass-market customer base, making it a broad-incumbent rather than direct luxury competitor.
  • Toyota Financial Services: Toyota's global captive finance division supporting Toyota and Lexus vehicle sales. Comparable as a large-scale captive with ABS programs, though broader in customer base than the luxury-only PFS.
  • Ford Credit: Ford's captive finance subsidiary, one of the largest U.S. auto finance and ABS issuers. Comparable to PFS in operating captive model and capital-markets funding, though serving mass-market Ford customers rather than luxury buyers.

Others

  • Ally Financial: Large independent U.S. auto finance lender and ABS issuer without an OEM affiliation. Comparable to PFS on the funding/securitization mechanics and competitive bidding for dealer finance relationships, though not a brand-aligned captive.

Emerging players

  • Tesla Finance: Tesla's in-house financing and leasing offering, primarily partnership-based with banks. Comparable to PFS as an automaker-controlled premium finance product, though Tesla leans on partners rather than operating a full captive balance sheet at PFS's scale.

Direct peers

  • BMW Financial Services: BMW's captive auto finance and leasing arm serving BMW and MINI buyers with vehicle loans, leases, and insurance products. The closest direct competitor to PFS in luxury captive finance, with similar product mix and HNW customer base.
  • Mercedes-Benz Financial Services: Mercedes-Benz's captive finance division offering auto loans, leases, and branded financial products to Mercedes buyers. Mirrors PFS's premium positioning, dealer-channel distribution, and brand-aligned financial services strategy.
  • Volkswagen Financial Services: Parent VW Group's mass-market captive finance division serving VW, Skoda, SEAT, and other brands. While broader in scope than PFS, it shares funding infrastructure, ABS platforms, and corporate governance, making it a meaningful operational comparable.
  • Audi Financial Services: Audi's captive finance arm, a sister brand within Volkswagen Group. Operates with nearly identical captive model, dealer-channel GTM, and premium-luxury customer segment, making it the closest internal comparable to PFS.
  • Lexus Financial Services: Toyota's luxury captive finance unit serving Lexus owners with leasing, financing, and insurance. Comparable to PFS as a luxury-brand-only captive with similar product structure and premium customer focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Porsche Financial Services social profiles

Digital presence

Porsche Financial Services financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Porsche Financial Services leadership team

Management profile

Number of profiles

Profiles2 records

Porsche Financial Services funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Porsche Financial Services M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Porsche Financial Services

What does Porsche Financial Services do?

Porsche Financial Services provides captive financing, leasing, and insurance products for Porsche vehicles through the brand's dealer network, serving over 100,000 customers across the U.S. and Canada with a roughly $9 billion portfolio. In 2025 it expanded into branded consumer payments with the Porsche Card, a premium metal credit card priced at 356 euros per year, issued via a card-as-a-service stack with Enfuce, Visa, and Nordiska.

Is Porsche Financial Services a public or private company?

Porsche Financial Services is a private company. It is classified as corporate owned and is currently operating.

When was Porsche Financial Services founded?

Porsche Financial Services was founded in 2003. It employs 51 to 100 people.

Where is Porsche Financial Services based?

Porsche Financial Services is headquartered in Toronto, Canada, in the North America region.

How does Porsche Financial Services make money?

Two revenue lines are on record. Captive Auto Financing is the primary driver. The others are porsche Card Annual Fees.

Who are Porsche Financial Services's main competitors?

Broad incumbents on record are GM Financial, Toyota Financial Services and Ford Credit. Ally Financial is listed as an others. Tesla Finance is listed as an emerging player. Direct peers are BMW Financial Services, Mercedes-Benz Financial Services, Volkswagen Financial Services, Audi Financial Services and Lexus Financial Services.

Does Porsche Financial Services have an API?

No public API is recorded for Porsche Financial Services.

What industry is Porsche Financial Services in?

Porsche Financial Services's product category is Automotive Financial Services (Captive Auto Finance). Its primary akta.pro industry code is FSAKADAA, New & Used Auto Purchase Loans, with a secondary code of FSAKANAA, Auto & Vehicle Leasing (Personal Use). Its NAICS code is 522220 and its SIC code is 7510.

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Live signals
Auto RemarketingPorsche revs into US securitization market with $911M prime auto ABS transactionPorsche Financial Services closed its first US asset-backed securities transaction, the Porsche Financial Auto Securitization Trust 2026-1, with a principal amount of $911 million. The SEC-registered deal received a AAA rating and was led by Wells Fargo Securities, with joint book runners and co-managers. The captive's treasurer said the transaction expands access to public capital markets.CFO DivePorsche Financial Services’ longtime CFO departsPorsche Financial Services CFO Konrad Riedl is retiring after a 36-year tenure, with board spokesperson Volker Reichhardt appointed as his successor, alongside Michael Glinski joining as chief commercial officer. The leadership changes come as Porsche AG launches its Strategy 2035 plan, which includes restructuring, reducing model variants, and closing subsidiaries to improve sustainable profitability amid ongoing challenges including shifting consumer sentiment, inflation pressures, and rising EV competition. The automaker's CEO described the product strategy as the decisive lever to strengthen the brand, while noting that the company remains in a challenging situation.YahooPorsche Financial Services’ longtime CFO departsPorsche Financial Services CFO Konrad Riedl is retiring after a 36-year tenure with the company, with board spokesperson Volker Reichhardt appointed as his successor effective immediately. The management change comes as parent company Porsche AG navigates what CEO Michael Leiters described as a "challenging situation" while implementing its new "Strategy 2035" plan focused on sustainable profitability, which includes structural organizational changes. Porsche AG also cut approximately 500 jobs and closed three subsidiaries last month as part of its efforts to refocus on core operations and reduce model variants.Porsche NewsroomThe new Porsche Card – mobility redefinedPorsche AG and Porsche Financial Services GmbH announced the launch of the new Porsche Card, a premium metal credit card targeting their existing customer base, to be issued on November 11, 2025 in Germany with plans to expand to other European markets. The card is issued through a card-as-a-service model with Finnish fintech Enfuce as card issuer, Visa as payment processor, and Swedish bank Nordiska as credit provider, replacing Porsche's previous co-branding arrangement with a direct bank. Priced at 356 euros annually, the card offers benefits including Priority Pass airport lounge access, freeAvis parking, vehicle fluid refills at Porsche Centres, and charging and refueling rebates at participating stations.GlobeNewswirePorsche Financial Services names Michael W. Jobst to executive leadership teamMichael W. Jobst was named Vice President of Products and Marketing at Porsche Financial Services, succeeding Rebecca McClain. He previously led GM's automotive marketing at McCann Relationship Marketing and spent over 17 years at BMW. The appointment comes as PFS has tripled its business to a $9 billion portfolio.GlobeNewswirePorsche Financial Services names Michael W. Jobst to executive leadership teamPorsche Financial Services has appointed Michael W. Jobst as Vice President of Products and Marketing, succeeding Rebecca McClain who left the company earlier in the year. Jobst brings over 17 years of leadership experience from BMW and McCann Relationship Marketing to drive new initiatives for the Atlanta-based firm. This executive change occurs during a period of robust growth for PFS, which has tripled its business portfolio to $9 billion over the past decade.GlobeNewswirePorsche Financial Services, Inc. Issues First Prime Auto Lease ABS Transaction of 2025Porsche Financial Services issued a $810 million auto lease ABS in the USA, its fourth bond issuance in 12 months. The AAA-rated, five-tranche deal included battery-electric vehicles, marking the first lease transaction to securitize the entire Porsche portfolio.GlobeNewswireNicolas Leduc is named President and CEO of Porsche Financial Services, Inc.Nicolas Leduc has been named President and CEO of Porsche Financial Services, starting January 13, 2025, as current CEO Ross Dupper retires in March 2025. Leduc joins from BMW Group Financial Services Canada, where he has served since 1997. PFS has grown tenfold since 2000 to an $8 billion portfolio.GlobeNewswirePorsche Financial Services, Inc. returns to the U.S. ABS market with Prime Auto Lease TransactionPorsche Financial Services issued $850 million in auto lease asset-backed securities in the U.S. Rule 144A market, receiving a AAA rating. The five-tranche deal, backed by Porsche vehicle lease contracts, attracted 53 investors and was upsized from $750 million.GlobeNewswireNew record set: Porsche Financial Services, Inc. places $1.04 billion ABS issuance in the USAPorsche Financial Services issued $1.04 billion in U.S. asset-backed securities, upsize from $750 million, with AAA ratings. The transaction, backed by retail installment contracts, was the largest volume ever placed in the ABS market. The company views it as an important element of its financing strategy.