Press Release

DBRS Discontinues Ratings on First Investors Auto Owner Trust 2011-2 and First Investors Auto Owner Trust 2012-1

Auto
May 17, 2016

DBRS, Inc. (DBRS) has today discontinued the outstanding AAA (sf), AAA (sf) and A (low) (sf) ratings on the Series 2011-2 Notes, Class C, Class D and Class E. In addition, the AAA (sf), AA (sf) and BBB (sf) ratings on the Series 2012-1 Notes, Class C, Class D, and Class E are discontinued. All notes issued by First Investors Auto Owner Trust 2011-2 and First Investors Auto Owner Trust 2012-1 have been repaid.

Notes:
The applicable methodology is DBRS Master U.S. ABS Surveillance Methodology, which can be found on our website under Methodologies.

For more information on this credit or on this industry, visit www.dbrs.com or contact us at info@dbrs.com.

ALL MORNINGSTAR DBRS RATINGS ARE SUBJECT TO DISCLAIMERS AND CERTAIN LIMITATIONS. PLEASE READ THESE DISCLAIMERS AND LIMITATIONS AND ADDITIONAL INFORMATION REGARDING MORNINGSTAR DBRS RATINGS, INCLUDING DEFINITIONS, POLICIES, RATING SCALES AND METHODOLOGIES.