Fitch to Rate Ford Credit Auto Owner Trust 2011-B; Presale Issued

FYI: Ford Buyer's Guide

NEW YORK--July 18, 2011; Fitch Ratings expects to assign the following ratings to Ford Credit Auto Owner Trust 2011-B:

--$233,400,000 class A-1 'F1+sf';

--$267,400,000 class A-2 'AAAsf'; Outlook Stable;

--$300,800,000 class A-3 'AAAsf'; Outlook Stable;

--$198,610,000 class A-4 'AAAsf'; Outlook Stable;

--$31,580,000 class B 'AAsf'; Outlook Stable;

--$21,050,000 class C 'Asf'; Outlook Stable;

--$21,050,000 class D 'BBBsf'; Outlook Stable.

The presale report is available to all investors on Fitch's website at Fitch Ratings .

Applicable Criteria and Related Research:

--'U.S. Auto Loan ABS Rating Criteria', April 20, 2011;

--'Global Structured Finance Rating Criteria', Aug. 16, 2010.

Applicable Criteria and Related Research: Ford Credit Auto Owner Trust 2011-B (US ABS)