AmeriCredit Automobile Receivables Trust 2017-3 — Moody’s upgrades 27 classes of bonds issued by 13 auto loan securitizations

Rating Action: Moody’s upgrades 27 classes of bonds issued by 13 auto loan securitizationsGlobal Credit Research – 05 Mar 2021Approximately $1.1 billion of asset-backed securities affectedNew York, March 05, 2021 — Moody’s Investors Service, (“Moody’s”) has upgraded 27 classes of bonds issued by 13 auto loan securitizations. The bonds are backed by pools of retail automobile loan contracts originated and serviced by multiple parties.The complete rating actions are as follows:Issuer: AmeriCredit Automobile Receivables Trust 2017-3Class D Notes, Upgraded to Aaa (sf); previously on Feb 12, 2020 Upgraded to Aa1 (sf)Issuer: AmeriCredit Automobile Receivables Trust 2018-3Class D Notes, Upgraded to Aa1 (sf); previously on Dec 17, 2020 Upgraded to Aa3 (sf)Issuer: AmeriCredit Automobile Receivables Trust 2020-1Class D Notes, Upgraded to A2 (sf); previously on Mar 11, 2020 Definitive Rating Assigned Baa1 (sf)Issuer: Carvana Auto Receivables Trust 2019-1Class D Asset-Backed Notes, Upgraded to Aa2 (sf); previously on Dec 17, 2020 Upgraded to A1 (sf)Class E Asset-Backed Notes, Upgraded to Ba3 (sf); previously on Mar 28, 2019 Definitive Rating Assigned B2 (sf)Issuer: Carvana Auto Receivables Trust 2019-2Class D Notes, Upgraded to Aa3 (sf); previously on Dec 17, 2020 Upgraded to A2 (sf)Class E Notes, Upgraded to Ba3 (sf); previously on Jun 27, 2019 Definitive Rating Assigned B2 (sf)Issuer: Carvana Auto Receivables Trust 2019-3Class D Notes, Upgraded to A1 (sf); previously on Dec 17,…