Fitch Ratings is bullish on Volkswagen’s auto loan programs. Specifically, the financial rating organization graded Volkswagen Auto Loan Enhanced Trust 2011-1: Class A-3 at AAAsf, outlook stable and Class A-4 at AAAsf, outlook stable.
Fitch’s ratings are based upon the quality of car companies’ retail loan originations along with the strength of the legal and financial structure of the transactions. Additionally, Fitch Rating looks at available credit and loss performance.
Fitch Ratings provides ratings at the request of the financial service provider. Fitch is paid for its work.