Press Release

DBRS Upgrades Ratings on Class C and Class D of the Capital Auto Receivables Asset Trust 2006-2 Securitization

Auto
July 23, 2010

DBRS today upgraded ratings on the following ABS securities:

Capital Auto Receivables Asset Trust 2006-2:

--Class C has been raised to AAA from AA
--Class D has been raised to AAA from BBB (high)

The rating changes were based upon increased levels of credit enhancement available for the securities, the historical performance of the underlying collateral pools and the structural integrity of the transactions.

Notes:
This is a Structured Finance rating.

The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

Ratings

Capital Auto Receivables Asset Trust 2006-2
  • Date Issued:Jul 23, 2010
  • Rating Action:Upgraded
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Jul 23, 2010
  • Rating Action:Upgraded
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.