We reviewed our ratings on Westlake Automobile Receivables Trust 2025-2 and 2025-3, which are ABS transactions backed by subprime retail auto loan receivables originated and serviced by Westlake Services LLC. We raised our ratings on eight classes and affirmed our ratings on five classes of notes from the two transactions. The rating actions reflect our view regarding each transaction's future collateral performance, structure, and credit enhancement, as well as our remaining cumulative net loss expectations, among other factors. NEW YORK (S&P Global Ratings) Oct. 29, 2026--S&P Global Ratings today raised its ratings on eight classes of notes and affirmed its ratings on five classes of notes from Westlake Automobile Receivables Trust (Westlake) 2025-2 and 2025-3 (see ratings list). These are
