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Fitch Upgrades 1 Class & Affirms 5 Classes of DaimlerChrysler Auto Trust Transactions


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© Business Wire 2008
2008-06-11 02:53:33 -

- Fitch upgrades one class and affirms five classes of two DaimlerChrysler Auto Owner transactions as follows:

DCAT 2006-B

-- class A-3 asset-backed notes affirmed at 'AAA';

-- class A-4 asset-backed notes affirmed at 'AAA';

-- class B asset-backed notes upgraded to 'AA' from 'A+';

DCAT 2006-D

-- class A-3 asset-backed notes affirmed at

'AAA';

-- class A-4 asset-backed notes affirmed at 'AAA';

-- class B asset-backed notes affirmed at 'A+'.

The rating actions are based on available credit enhancement and loss performance. The collateral continues to perform within Fitch's original expectations and under the credit enhancement structure the securities can withstand stress scenarios consistent with the current ratings and make full payments to investors in accordance with the terms of the documents. As before, the ratings reflect the quality of DaimlerChrysler Financial Services Americas LLC (DCFS) retail auto loan originations, the sound financial and legal structure of the transaction, and the strength of the servicing provided DCFS.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.

Fitch Ratings, New York
Hylton Heard, +1-212-908-0214
Sandro Scenga, +1-212-908-0278 (Media Relations)


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