Fitch Upgrades 2 & Affirms 6 Classes of Ford Credit Auto Owner Trust 2007-A

NEW YORK--Fitch Ratings has upgraded two and affirmed six classes of Ford Credit Auto Owner Trust 2007-A notes as part of its on going surveillance process.

The upgrades are a result of continued available credit enhancement in excess of stressed remaining losses. 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 upgraded rating categories and still make full payments of interest and principal in accordance with the terms of the documents.

As before, the ratings reflect the quality of Ford Motor Credit Co.'s (FMCC) retail auto loan originations, the sound financial and legal structure of the transaction, and the servicing provided by FMCC.

The rating actions are as follows:

-- Class A-3a notes affirmed at 'AAA', Outlook Stable;

-- Class A-3b notes affirmed at 'AAA', Outlook Stable;

-- Class A-4a notes affirmed at 'AAA', Outlook Stable;

-- Class A-4b notes affirmed at 'AAA', Outlook Stable;

-- Class B notes upgraded to 'AA' from 'A', Outlook Positive;

-- Class C notes upgraded to 'A' from 'BBB', Outlook Positive;

-- Class D notes affirmed at 'BB', Outlook Positive.

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.