Press Release

DBRS Morningstar Publishes Updated Methodology for Rating European Auto Wholesale Securitisations

Auto, Consumer/Commercial Leases, Consumer Loans & Credit Cards
November 19, 2019

DBRS Morningstar Credit Ratings (DBRS Morningstar) published an updated version of its “Rating European Auto Wholesale Securitisations” methodology.

DBRS Morningstar has conducted a periodic review of the “Rating European Auto Wholesale Securitisations” methodology.

No material changes to the methodology were made. Accordingly, no ratings are expected to change as a result of this update.

This update supersedes the previous version published on 23 January 2019 and is effective as of 19 November 2019.

Notes:
DBRS Morningstar methodologies are publicly available on its website www.dbrs.com under Methodologies & Criteria.

For more information on this methodology or on this industry, visit www.dbrs.com or contact us at [email protected].