Fitch Affirms 3 Classes of Ford Credit Auto Owner Trust 2009-A

Knowledge Base: Ford Buyer’s Guide

NEW YORK--March 12, 2011: Fitch Ratings affirms three classes of notes issued by Ford Credit Auto Owner Trust 2009-A as part of its ongoing surveillance process.

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.

Fitch affirms the following classes:

--Class A-3a notes at 'AAAsf'; Outlook Stable;
--Class A-3b notes at 'AAAsf'; Outlook Stable;
--Class A-4 notes at 'AAAsf'; Outlook Stable.

Additional information is available at Fitch Ratings.