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Fitch Rates Ford Credit Auto Owner Trust 2008-C



2008-05-22 23:31:41 -

- Fitch rates the following Ford Credit Auto Owner Trust 2008-C:

--$1,400,000,000 2.77620% class A-1 'F1+';

--$400,000,000 3.72% class A-2a 'AAA';

--$1,320,000,000 Floating-Rate class A-2b 'AAA';

--$1,582,000,000 Floating-Rate class A-3 'AAA';

--$360,600,000 5.16% class A-4a 'AAA';

--$300,000,000 Floating-Rate class A-4b 'AAA';

--$169,300,000 6.04% class B 'A';

--$112,900,000 7.04% class C 'BBB';

--$112,900,000 8.49% class D 'BB'.

The report is available to all investors on Fitch's corporate site www.fitchratings.com. For more information about Fitch's comprehensive subscription service FitchResearch, which includes all presale reports, surveillance, and credit reports on more than 20 asset classes, contact product sales at +1-212-908-0800 or at webmaster@fitchratings.com.

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, 212-908-0214
John Bella, Jr., 212-908-0243
or
Media Relations:
Sandro Scenga, 212-908-0278



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