S&P Asgns Prlm Rtg to CARCO Auto Loan Mstr Tr 2001-A

    NEW YORK--Standard & Poor's--Dec. 6, 2001-- Standard & Poor's today assigned its preliminary triple-'A' rating to CARCO Auto Loan Master Trust's $1 billion floating-rate auto loan asset-backed certificates series 2001-A.
    The preliminary rating is based on information as of Dec. 6, 2001. Subsequent information may result in the assignment of a final rating that differs from the preliminary rating.
    The preliminary rating reflects credit enhancement sufficient to withstand losses at the assigned rating levels; DaimlerChrysler Services' strong historical performance and servicing/underwriting capabilities; a sound legal structure; and the transaction structure, which includes amortization events that limit investor exposure to losses.
    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.