S&P Asgns Prlm Rtgs to DaimlerChrysler Auto Tr 2001-D

    NEW YORK--Standard & Poor's--Oct. 31, 2001-- Standard & Poor's today assigned its preliminary ratings to DaimlerChrysler Auto Trust 2001-D's $2.217 billion asset-backed notes (see list).
    The preliminary ratings are based on information as of Oct. 31, 2001. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings.
    The preliminary ratings reflect credit enhancement in the form of 3.50% of initial overcollateralization, 3.25% subordinated asset-backed certificates, a 0.25% fully funded reserve account, and about 1.5%-2.5% in excess spread. The size of the yield supplement overcollateralization amount (YSOA) is $27.7 million. The YSOA for DCAT 2001-D is sized by discounting loans below 4.00% at 4.00% (DCAT 2001-C used a rate of 4.35% to size its YSOA).
    The discount rate is chosen to generate the necessary additional excess spread. In addition to the above credit enhancement, the ratings on the 2001-D securitization are based on the extensive amount of data obtained from Chrysler Financial Co. LLC, the solid credit quality of the underlying pool of automobile loans, and a sound legal structure.
    A copy of Standard & Poor's complete presale report for this transaction is available on RatingsDirect, Standard & Poor's Web-based credit analysis system, at www.ratingsdirect.com. The report is also available on Standard & Poor's Ratings Services Web site at www.standardandpoors.com/ratings. Under Presale Reports, select Structured Finance, then Asset-Backed Securities.

PRELIMINARY RATINGS ASSIGNED
DaimlerChrysler Auto Trust 2001-D
Class          Rating        Amount ($000s)
A-1            A-1+                 517,700
A-2            AAA                  600,000
A-3            AAA                  675,000
A-4            AAA                  425,000
Certificates   N.R.                  74,500