Exhibit 99.1

Hyundai Auto Receivables Trust 2011-B

Monthly Servicing Report

I. ORIGINAL DEAL PARAMETERS

Cut off Date:	April 22, 2011
Closing Date:	May 18, 2011

II. POOL BALANCE AND PORTFOLIO INFORMATION

	Beginning of Period					Ending of Period					Change
	Balance			Pool Factor		Balance			Pool Factor
Class A-1 Notes	$	-			-	$	-			-	$	-
Class A-2 Notes	$	-			-	$	-			-	$	-
Class A-3 Notes	$	-			-	$	-			-	$	-
Class A-4 Notes	$	14,035,795.39			0.1275402	$	4,329,910.12			0.0393449	$	9,705,885.27
Class B Notes	$	36,360,000.00			1.0000000	$	36,360,000.00			1.0000000	$	-
Class C Notes	$	34,340,000.00			1.0000000	$	34,340,000.00			1.0000000	$	-
Class D Notes	$	25,250,000.00			1.0000000	$	25,250,000.00			1.0000000	$	-
Total Securities	$	109,985,795.39			0.1099858	$	100,279,910.12			0.1002799	$	9,705,885.27

Weighted Avg. Coupon (WAC)		4.77	%				4.80	%
Weighted Avg. Remaining Maturity (WARM)		21.60					20.76
Pool Receivables Balance	$	134,951,312.07				$	124,812,429.48
Remaining Number of Receivables		22,459					21,715

Adjusted Pool Balance	$	130,188,154.79				$	120,482,269.52

III. COLLECTIONS

Principal:
Principal Collections	$	9,938,181.26
Repurchased Contract Proceeds Related to Principal	$	-
Recoveries/Liquidation Proceeds	$	215,232.33
Total Principal Collections	$	10,153,413.59

Interest:
Interest Collections	$	544,838.80
Late Fees & Other Charges	$	30,784.14
Interest on Repurchase Principal	$	-
Total Interest Collections	$	575,622.94

Collection Account Interest	$	243.62
Reserve Account Interest	$	139.28
Servicer Advances	$	-

Total Collections	$	10,729,419.43

Hyundai Auto Receivables Trust 2011-B

Monthly Servicing Report

IV. DISTRIBUTIONS

Total Collections	$	10,729,419.43
Reserve Account Available	$	5,050,589.85
Total Available for Distribution	$	15,780,009.28

		Amount Due		Interest Pymt Due but unpaid from prior periods	Amount Paid
1. Servicing Fee @1.00%:
Servicing Fee Due	1.00%	$	112,459.43		$	112,459.43	$	112,459.43
Collection Account Interest							$	243.62
Late Fees & Other Charges							$	30,784.14
Total due to Servicer							$	143,487.19

2. Class A Noteholders Interest:
Class A-1 Notes		$	-		$	-
Class A-2 Notes		$	-		$	-
Class A-3 Notes		$	-		$	-
Class A-4 Notes		$	19,299.22		$	19,299.22

Total Class A interest:		$	19,299.22		$	19,299.22	$	19,299.22

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

4. Class B Noteholders Interest:		$	68,781.00		$	68,781.00	$	68,781.00

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

6. Class C Noteholders Interest:		$	81,843.67		$	81,843.67	$	81,843.67

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

8. Class D Noteholders Interest:		$	73,856.25		$	73,856.25	$	73,856.25

Available Funds Remaining:							$	10,342,152.10

Reserve Account Release							$	-
Reserve Account Draw							$	-

9. Regular Principal Distribution Amount:							$	9,705,885.27

			Distributable Amount			Paid Amount
Class A-1 Notes					$	-
Class A-2 Notes					$	-
Class A-3 Notes					$	-
Class A-4 Notes					$	9,705,885.27
Class A Notes Total:		$	9,705,885.27		$	9,705,885.27
Class B Notes Total:		$	-		$	-
Class C Notes Total:		$	-		$	-
Class D Notes Total:		$	-		$	-
Total Noteholders Principal		$	9,705,885.27		$	9,705,885.27

10. Required Deposit to Reserve Account								0.00

11. Trustee Expenses								0.00

12. Remaining Available Collections Released to Certificateholder								636,266.83

V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)

Beginning Period Required Amount	$	4,763,157.28
Beginning Period Amount	$	4,763,157.28
Current Period Amortization	$	432,997.31
Ending Period Required Amount	$	4,330,159.96
Ending Period Amount	$	4,330,159.96
Next Distribution Date Amount	$	3,920,988.07

Hyundai Auto Receivables Trust 2011-B

Monthly Servicing Report

VI. RESERVE ACCOUNT

Reserve Percentage of Initial Adjusted Pool Balance		0.50	%
Beginning Period Required Amount	$	5,050,589.85
Beginning Period Amount	$	5,050,589.85
Current Period Release to Collection Account	$	-
Current Period Deposit	$	-
Current Period Release to Depositor	$	-
Ending Period Required Amount (0.5% of APB of cut-off date)	$	5,050,589.85
Ending Period Amount	$	5,050,589.85

VII. OVERCOLLATERALIZATION

Overcollateralization Target	2.00	%
Overcollateralization Floor	2.00	%

	Beginning			Ending			Target
Overcollateralization Amount	$	20,202,359.40		$	20,202,359.40		$	20,202,359.40
Overcollateralization as a % of Original Adjusted Pool		2.00	%		2.00	%		2.00	%
Overcollateralization as a % of Current Adjusted Pool		15.52	%		16.77	%		16.77	%

VIII. DELINQUENCY AND NET LOSS ACTIVITY

	Units Percent			Units		Dollars Percent			Dollar Amount
Current		97.89	%		21,256		96.89	%	$	120,926,139.96
30 - 60 Days		1.67	%		362		2.43	%	$	3,036,032.76
61 - 90 Days		0.37	%		81		0.60	%	$	750,675.29
91 + Days		0.07	%		16		0.08	%	$	99,581.47
					21,715				$	124,812,429.48
Total
Delinquent Receivables 61 + days past due		0.45	%		97		0.68	%	$	850,256.76
Delinquency Ratio 61+ for 1st Preceding Collection Period		0.46	%		103		0.66	%	$	896,731.80
Delinquency Ratio 61+ for 2nd Preceding Collection Period		0.46	%		106		0.63	%	$	918,066.04
Three-Month Average Delinquency Ratio		0.45	%				0.66	%

Repossession in Current Period					21				$	193,871.26
Repossession Inventory					37				$	117,026.94

Charge-Offs
Gross Principal of Charge-Off for Current Period									$	200,701.33
Recoveries									$	(215,232.33	)
Net Charge-offs for Current Period									$	(14,531.00	)

Beginning Pool Balance for Current Period									$	134,951,312.07

Net Loss Ratio										-0.13	%
Net Loss Ratio for 1st Preceding Collection Period										0.11	%
Net Loss Ratio for 2nd Preceding Collection Period										0.12	%
Three-Month Average Net Loss Ratio for Current Period										0.03	%

Cumulative Net Losses for All Periods									$	7,452,476.05
Cumulative Net Losses as a % of Initial Pool Balance										0.70	%

Principal Balance of Extensions									$	797,460.00
Number of Extensions										88

Hyundai Auto Receivables Trust 2011-B 10-D