DBRS Morningstar published an updated version of its “Rating European Auto Wholesale Securitisations” methodology (the Methodology).
DBRS Morningstar has conducted a periodic review of the Methodology. This update supersedes the previous version published on 5 November 2020 and is effective as of 5 November 2021. DBRS Morningstar deems the update not to be material and has determined that no ratings are expected to change as a result of this update.
A description of how DBRS Morningstar considers ESG factors within the DBRS Morningstar analytical framework can be found in the DBRS Morningstar Criteria: Approach to Environmental, Social, and Governance Risk Factors in Credit Ratings at https://www.dbrsmorningstar.com/research/373262.
The DBRS Morningstar Sovereign group releases baseline macroeconomic scenarios for rated sovereigns. DBRS Morningstar analysis considered impacts consistent with the baseline scenarios as set forth in the following report: https://www.dbrsmorningstar.com/research/384482/baseline-macroeconomic-scenarios-application-to-credit-ratings.
DBRS Morningstar methodologies are publicly available on its website www.dbrsmorningstar.com under Methodologies & Criteria.
For more information on this methodology or on this industry, visit www.dbrsmorningstar.com or contact us at firstname.lastname@example.org.