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NEW YORK--([ BUSINESS WIRE ])--As part of its ongoing surveillance, Fitch Ratings affirms and revises the Outlooks for six classes of the AmeriCredit Automobile Receivables Trust 2011-4 transaction as follows:

-- Class A-2 at 'AAAsf'; Outlook Stable;

-- Class A-3 at 'AAAsf'; Outlook Stable;

-- Class B at 'AAsf'; Outlook to Positive from Stable;

-- Class C at 'Asf'; Outlook to Positive from Stable;

-- Class D at 'BBBsf'; Outlook to Positive from Stable;

-- Class E at 'BBsf'; Outlook to Positive from Stable.

The rating affirmations are based on available credit enhancement and loss performance. The collateral pool continues to perform within Fitch's expectations. Under the credit enhancement structure, the securities are able to withstand stress scenarios consistent with the current rating and make full payments to investors in accordance with the terms of the documents.

Additionally, revising the Outlooks for the Class B, C, D, and E Notes reflects the possibility for positive rating actions in the next 12 to 18 months as losses are tracking inside of initial expectations and credit support is expected to continue to increase. Fitch will continue to closely monitor this transaction and may take additional rating actions in the event of changes in performance and credit enhancement measures.

The ratings reflect the quality of AmeriCredit Financial Services, Inc. retail auto loan originations, the strength of its servicing capabilities, and the sound financial and legal structure of the transaction.

Additional information is available at '[ www.fitchratings.com ]'. The ratings above were solicited by, or on behalf of, the issuer, and therefore, Fitch has been compensated for the provision of the ratings.

Applicable Criteria and related research:

-- 'U.S. Auto Loan ABS Rating Criteria' (April 16, 2012);

-- 'Global Structured Finance Rating Criteria' (June 6, 2012).

Applicable Criteria and Related Research:

Global Structured Finance Rating Criteria
[ http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=679923 ]

Rating Criteria for U.S. Auto Loan ABS
[ http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=674859 ]

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