Fitch Ratings affirms the Capital Auto Receivables Asset Trust 2007-4 transaction, as follows:
--Class A-2a notes at 'AAA';
--Class A-2b notes at 'AAA';
--Class A-3a notes at 'AAA';
--Class A-3b notes at 'AAA';
--Class A-4 notes at 'AAA';
--Class B notes at 'A';
--Class C notes at 'BBB';
--Class D notes at 'BB'.
The rating affirmation is a result of continued available credit enhancement. The collateral continues to perform within Fitch's expectations and, under the credit enhancement structure, the securities can withstand stress scenarios consistent with the current ratings and still make full payments to investors in accordance with the terms of the documents.
Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.