NEW YORK--(BUSINESS WIRE)--Fitch Ratings affirms the following class of notes of the DaimlerChrysler Auto Trust 2006-B as part of its on going surveillance process:
--Class B at 'AAAsf'; Outlook Stable.
The rating action is based on available credit enhancement and loss performance. The collateral continues to perform within Fitch's original expectations, and under the credit enhancement structure the securities can withstand stress scenarios consistent with the current ratings and make full payments to investors in accordance with the terms of the documents.
As before, the ratings reflect the quality of Chrysler Financial's (CF) retail auto loan originations, the sound financial and legal structure of the transaction, and the strength of the servicing provided by CF.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research:
--'U.S. Auto Loan ABS Rating Criteria' dated March 18, 2010;
--'Global Structured Finance Rating Criteria' dated Aug. 16, 2010.
Applicable Criteria and Related Research:
U.S. Auto Loan ABS Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=505158
Global Structured Finance Rating Criteria
http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=547326
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