Fitch Affirms Chrysler Auto WLBVF 2008-A Trust

NEW YORK--()--Fitch Ratings has affirmed the Chrysler Auto WLBVF 2008-A Trust.

The collateral continues to perform within Fitch's base case expectations. Currently, under the credit enhancement structure, the securities can withstand stress scenarios consistent with the ratings assigned and still make full payments of interest and principal in accordance with the terms of the documents.

The securities have been privately placed and are backed by beneficial interests in a pool of new and used commercial vehicle auto loans contracts and the underlying vehicles.

Fitch affirms the following:

--Class A at 'AAA'.

The above rating reflects the application of Fitch's criteria, available at 'www.fitchratings.com':

--'Rating U.S. Auto Loan-Backed Securitizations: A Tune Up' (May 30, 2007);

--'Global Structured Finance Rating Criteria' (Sept. 30, 2009).

Additional information is available at 'www.fitchratings.com'.

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE '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.

Contacts

Fitch Ratings, New York
David Petu, CFA, +1-212-908-0280
Joachim Over, +1-212-908-0830
Media Relations:
Sandro Scenga, +1-212-908-0278
sandro.scenga@fitchratings.com

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