NEW YORK--(BUSINESS WIRE)--Fitch Ratings has upgraded two classes and affirmed 12 classes of notes from two Ford Credit Auto Owner Trusts as part of its ongoing surveillance process.

The rating actions are as follows:

Series 2006-A

--Class A-3 affirmed at 'AAA';

--Class A-4 affirmed at 'AAA';

--Class B affirmed at 'AAA';

--Class C upgraded to 'AAA' from 'AA';

--Class D upgraded to 'AA' from 'A'.

Series 2007-A

--Class A-2a affirmed at 'AAA';

--Class A-2b affirmed at 'AAA';

--Class A-3a affirmed at 'AAA';

--Class A-3b affirmed at 'AAA';

--Class A-4a affirmed at 'AAA';

--Class A-4b affirmed at 'AAA';

--Class B affirmed at 'A';

--Class C affirmed at 'BBB';

--Class D affirmed at 'BB'.

The upgrades are a result of continued available credit enhancement in excess of stressed remaining losses. The collateral continues to perform within Fitch's base case expectations. Currently, under the credit enhancement structure, the securities can withstand stress scenarios consistent with the upgraded rating categories and still make full payments of interest and principal in accordance with the terms of the documents.

As before, the ratings reflect the quality of Ford Motor Credit Co.'s retail auto loan originations, the sound financial and legal structure of the transactions, and servicing provided by Ford Motor Credit Co.

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.

Fitch Ratings, New York
Hylton Heard, 212-908-0214
Ben Tano, 212-908-0871
or
Media Relations:
Sandro Scenga, 212-908-0278