Exhibit 99.1

Hyundai Auto Receivables Trust 2016-B
Monthly Servicing Report

Collection Period						January 2021
Distribution Date						02/16/21
Transaction Month						53
30/360 Days						30
Actual/360 Days						32

I. ORIGINAL DEAL PARAMETERS

Cut off Date:		August 12, 2016
Closing Date:		September 21, 2016

		Dollars	Units	WAC		WARM
Original Pool Balance:	$	1,260,473,580.72	63,791	3.22	%	59.71
Original Adj. Pool Balance:	$	1,213,343,509.49

		Amount		% of Pool			Note Rate			Final Payment Date
Class A-1 Notes	Fixed	$	225,000,000.00		17.850	%		0.70000	%	September 15, 2017
Class A-2 Notes	Fixed	$	475,000,000.00		37.684	%		1.12000	%	October 15, 2019
Class A-3 Notes	Fixed	$	328,000,000.00		26.022	%		1.29000	%	April 15, 2021
Class A-4 Notes	Fixed	$	94,900,000.00		7.529	%		1.45000	%	November 15, 2022
Class B Notes	Fixed	$	21,840,000.00		1.733	%		1.82000	%	November 15, 2022
Class C Notes	Fixed	$	32,770,000.00		2.600	%		2.19000	%	November 15, 2022
Class D Notes	Fixed	$	26,710,000.00		2.119	%		2.68000	%	September 15, 2023
Total Securities		$	1,204,220,000.00		95.537	%

Overcollateralization		$	9,123,509.49		0.724	%
YSOA		$	47,130,071.23		3.739	%
Total Original Pool Balance		$	1,260,473,580.72		100.00	%

II. POOL BALANCE AND PORTFOLIO INFORMATION

	Beginning of Period					Ending of Period					Change
	Balance			Note Factor		Balance			Note Factor
Class A-1 Notes	$	-			-	$	-			-	$	-
Class A-2 Notes	$	-			-	$	-			-	$	-
Class A-3 Notes	$	-			-	$	-			-	$	-
Class A-4 Notes	$	-			-	$	-			-	$	-
Class B Notes	$	-			-	$	-			-	$	-
Class C Notes	$	28,370,684.68			0.8657517	$	19,394,377.32			0.5918333	$	8,976,307.36
Class D Notes	$	26,710,000.00			1.0000000	$	26,710,000.00			1.0000000	$	-
Total Securities	$	55,080,684.68			0.0457397	$	46,104,377.32			0.0382857	$	8,976,307.36

Weighted Avg. Coupon (WAC)		3.64	%				3.73	%
Weighted Avg. Remaining Maturity (WARM)		14.33					13.74
Pool Receivables Balance	$	74,341,082.03				$	65,181,926.81
Remaining Number of Receivables		19,467					18,487

Adjusted Pool Balance	$	73,280,837.32				$	64,304,529.96

III. COLLECTIONS

Principal:
Principal Collections	$	9,098,155.20
Repurchased Contract Proceeds Related to Principal	$	-
Recoveries/Liquidation Proceeds	$	205,977.81
Total Principal Collections	$	9,304,133.01

Interest:
Interest Collections	$	238,215.74
Late Fees & Other Charges	$	34,108.77
Interest on Repurchase Principal	$	-
Total Interest Collections	$	272,324.51

Collection Account Interest	$	55.54
Reserve Account Interest	$	19.69
Servicer Advances	$	-

Total Collections	$	9,576,532.75

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Hyundai Auto Receivables Trust 2016-B
Monthly Servicing Report

Collection Period						January 2021
Distribution Date						02/16/21
Transaction Month						53
30/360 Days						30
Actual/360 Days						32

IV. DISTRIBUTIONS

Total Collections									$	9,576,532.75
Reserve Account Release									$	-
Reserve Account Draw									$	-
Total Available for Distribution									$	9,576,532.75

				Amount Due		Interest Pymt Due but unpaid from prior periods		Amount Paid
1. Servicing Fee @1.00%:
Servicing Fee Due	1.00	%	$	61,950.90	$	-	$	61,950.90		61,950.90
Collection Account Interest									$	55.54
Late Fees & Other Charges									$	34,108.77
Total due to Servicer									$	96,115.21

2. Class A Noteholders Interest:
Class A-1 Notes			$	-			$	-
Class A-2 Notes			$	-			$	-
Class A-3 Notes			$	-			$	-
Class A-4 Notes			$	-			$	-

Total Class A interest:			$	-			$	-		0.00

3. First Priority Principal Distribution:			$	-			$	-		0.00

4. Class B Noteholders Interest:			$	-			$	-		0.00

5. Second Priority Principal Distribution:			$	-			$	-		0.00

6. Class C Noteholders Interest:			$	51,776.50			$	51,776.50		51,776.50

7. Third Priority Principal Distribution:			$	-			$	-		0.00

8. Class D Noteholders Interest:			$	59,652.33			$	59,652.33		59,652.33

Available Funds Remaining:									$	9,368,988.71


9. Regular Principal Distribution Amount:										8,976,307.36

				Distributable Amount				Paid Amount
Class A-1 Notes							$	-
Class A-2 Notes							$	-
Class A-3 Notes							$	-
Class A-4 Notes							$	-
Class A Notes Total:			$	-			$	-
Class B Notes Total:			$	-			$	-
Class C Notes Total:			$	8,976,307.36			$	8,976,307.36
Class D Notes Total:			$	-			$	-
Total Noteholders Principal			$	8,976,307.36			$	8,976,307.36

10. Required Deposit to Reserve Account										0.00

11. Trustee and Asset Representations Reviewer Expenses										0.00

12. Remaining Available Collections Released to Certificateholder										392,681.35

V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)

Beginning Period Required Amount	$	1,060,244.71
Beginning Period Amount	$	1,060,244.71
Current Period Amortization	$	182,847.86
Ending Period Required Amount	$	877,396.85
Ending Period Amount	$	877,396.85
Next Distribution Date Required Amount	$	717,633.26

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Hyundai Auto Receivables Trust 2016-B
Monthly Servicing Report

Collection Period						January 2021
Distribution Date						02/16/21
Transaction Month						53
30/360 Days						30
Actual/360 Days						32

VI. RESERVE ACCOUNT

Reserve Percentage of Initial Adjusted Pool Balance		0.25	%
Beginning Period Required Amount	$	3,033,358.77
Beginning Period Amount	$	3,033,358.77
Current Period Release to Collection Account	$	-
Current Period Deposit	$	-
Current Period Release to Depositor	$	-
Ending Period Required Amount (0.25% of APB of cut-off date)	$	3,033,358.77
Ending Period Amount	$	3,033,358.77

VII. OVERCOLLATERALIZATION

Overcollateralization Target	1.50%
Overcollateralization Floor	1.50%

		Beginning			Ending		Target
Overcollateralization Amount	$	18,200,152.64		$	18,200,152.64		$18,200,152.64
Overcollateralization as a % of Original Adjusted Pool		1.50	%		1.50	%	1.50	%
Overcollateralization as a % of Current Adjusted Pool		24.84	%		28.30	%	28.30	%

VIII. DELINQUENCY AND NET LOSS ACTIVITY

Delinquent Receivables	Units Percent		Units	Dollars Percent			Amount
Current	98.50	%	18,210	97.27	%	$	63,400,129.12
30 - 60 Days	1.16	%	214	2.04	%	$	1,332,204.19
61 - 90 Days	0.29	%	53	0.59	%	$	384,717.09
91-120 Days	0.04	%	8	0.07	%	$	47,625.76
121 + Days	0.01	%	2	0.03	%	$	17,250.65
Total			18,487			$	65,181,926.81

Delinquent Receivables 30+ Days Past Due
Current Period	1.50	%	277	2.73	%	$	1,781,797.69
1st Preceding Collection Period	1.75	%	341	3.12	%	$	2,316,425.40
2nd Preceding Collection Period	1.64	%	333	2.78	%	$	2,324,161.69
3rd Preceding Collection Period	1.59	%	334	2.66	%	$	2,472,683.91
Four-Month Average	1.62	%		2.82	%

Ratio of 61+ Delinquency Receivables Balance to EOP Pool Balance				0.69	%
Delinquency Percentage exceeds Delinquency Trigger (Y/N)				No

Repossession in Current Period			8			$	93,109.24
Repossession Inventory			29			$	301,668.18

Current Charge-Offs
Gross Principal of Charge-Offs						$	61,000.02
Recoveries						$	(205,977.81	)
Net Loss						$	(144,977.79	)

Ratio of Current Net Loss to Beginning Pool Balance (annualized)							-2.34	%

Average Pool Balance for Current Period						$	69,761,504.42

Ratio of Current Net Loss to Average Pool Balance (annualized)
Current Period							-2.49	%
1st Preceding Collection Period							-0.08	%
2nd Preceding Collection Period							1.25	%
3rd Preceding Collection Period							0.55	%
Four-Month Average							-0.19	%

Cumulative Charge-Offs			Change in units from prior period	Cumulative Units			Cumulative Amount
Gross Principal of Charge-Offs			14	3,539		$	45,854,729.64
Recoveries			28	3,168		$	(26,457,366.95	)
Net Loss						$	19,397,362.69
Cumulative Net Loss as a % of Initial Pool Balance							1.54	%

Net Loss for Receivables that have experienced a Net Loss *			1	2,596		$	19,503,425.91
Average Net Loss for Receivables that have experienced a Net Loss						$	7,512.88

Principal Balance of Extensions						$	326,686.49
Number of Extensions							41

* Excludes receivables with recovered amounts equal to or in excess of principal charge-offs due to the recovery of assessments, such as interest and fees.

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Hyundai Auto Receivables Trust 2016-B 10-D