DBRS Confirms Ratings on Americredit Auto ABS

DBRS, Inc. (DBRS) has reviewed the AmeriCredit Automobile Receivables Trust Series 2011-2 and Series 2011-3. In the two series, 12 classes were confirmed and 2 classes were discontinued due to repayment of the noteholders. The following classes were reviewed:

AmeriCredit Automobile Receivables Trust Series 2011-2:
-Series 2011-2 Notes, Class A-1 previously rated R-1 (high) (sf) are now rated Disc.-Repaid
-Series 2011-2 Notes, Class A-2 have been confirmed at AAA (sf)
-Series 2011-2 Notes, Class A-3 have been confirmed at AAA (sf)
-Series 2011-2 Notes, Class B have been confirmed at AA (sf)
-Series 2011-2 Notes, Class C have been confirmed at A (sf)
-Series 2011-2 Notes, Class D have been confirmed at BBB (sf)
-Series 2011-2 Notes, Class E have been confirmed at BB (sf)

AmeriCredit Automobile Receivables Trust Series 2011-3:
-Series 2011-2 Notes, Class A-1 previously rated R-1 (high) (sf) are now rated Disc.-Repaid
-Series 2011-2 Notes, Class A-2 have been confirmed at AAA (sf)
-Series 2011-2 Notes, Class A-3 have been confirmed at AAA (sf)
-Series 2011-2 Notes, Class B have been confirmed at AA (sf)
-Series 2011-2 Notes, Class C have been confirmed at A (sf)
-Series 2011-2 Notes, Class D have been confirmed at BBB (sf)
-Series 2011-2 Notes, Class E have been confirmed at BB (sf)

The collateral supporting the transactions is performing within DBRS expectations and available credit enhancement for each class is sufficient to cover DBRS expected losses.

Notes:
DBRS rating definitions and the terms of use of such ratings are available at www.dbrs.com.

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