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	$	4,329,910.12			0.0393449	$	-			-	$	4,329,910.12
Class B Notes	$	36,360,000.00			1.0000000	$	31,214,849.26			0.8584942	$	5,145,150.74
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	$	100,279,910.12			0.1002799	$	90,804,849.26			0.0908048	$	9,475,060.86

Weighted Avg. Coupon (WAC)		4.80	%				4.82	%
Weighted Avg. Remaining Maturity (WARM)		20.76					19.95
Pool Receivables Balance	$	124,812,429.48				$	114,928,196.73
Remaining Number of Receivables		21,715					20,921

Adjusted Pool Balance	$	120,482,269.52				$	111,007,208.66

III. COLLECTIONS

Principal:
Principal Collections	$	9,720,178.56
Repurchased Contract Proceeds Related to Principal	$	-
Recoveries/Liquidation Proceeds	$	209,363.40
Total Principal Collections	$	9,929,541.96

Interest:
Interest Collections	$	520,871.03
Late Fees & Other Charges	$	30,147.26
Interest on Repurchase Principal	$	-
Total Interest Collections	$	551,018.29

Collection Account Interest	$	283.57
Reserve Account Interest	$	162.39
Servicer Advances	$	-

Total Collections	$	10,481,006.21

Hyundai Auto Receivables Trust 2011-B

Monthly Servicing Report

IV. DISTRIBUTIONS

Total Collections	$	10,481,006.21
Reserve Account Available	$	5,050,589.85
Total Available for Distribution	$	15,531,596.06

	Amount Due		Interest Pymt Due but unpaid from prior periods	Amount Paid
1. Servicing Fee @1.00%:
Servicing Fee Due 1.00%	$	104,010.36		$	104,010.36	$	104,010.36
Collection Account Interest						$	283.57
Late Fees & Other Charges						$	30,147.26
Total due to Servicer						$	134,441.19

2. Class A Noteholders Interest:
Class A-1 Notes	$	-		$	-
Class A-2 Notes	$	-		$	-
Class A-3 Notes	$	-		$	-
Class A-4 Notes	$	5,953.63		$	5,953.63

Total Class A interest:	$	5,953.63		$	5,953.63	$	5,953.63

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:						$	10,116,130.47

Reserve Account Release						$	-
Reserve Account Draw						$	-

9. Regular Principal Distribution Amount:						$	9,475,060.86
		Distributable Amount			Paid Amount
Class A-1 Notes				$	-
Class A-2 Notes				$	-
Class A-3 Notes				$	-
Class A-4 Notes				$	4,329,910.12
Class A Notes Total:	$	4,329,910.12		$	4,329,910.12
Class B Notes Total:	$	5,145,150.74		$	5,145,150.74
Class C Notes Total:	$	-		$	-
Class D Notes Total:	$	-		$	-
Total Noteholders Principal	$	9,475,060.86		$	9,475,060.86

10. Required Deposit to Reserve Account							0.00

11. Trustee Expenses							0.00

12. Remaining Available Collections Released to Certificateholder							641,069.61

V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)


Beginning Period Required Amount	$	4,330,159.96
Beginning Period Amount	$	4,330,159.96
Current Period Amortization	$	409,171.89
Ending Period Required Amount	$	3,920,988.07
Ending Period Amount	$	3,920,988.07
Next Distribution Date Amount	$	3,535,648.07

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

Hyundai Auto Receivables Trust 2011-B

Monthly Servicing Report

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		16.77	%		18.20	%		18.20	%

VIII. DELINQUENCY AND NET LOSS ACTIVITY

	Units Percent		Units	Dollars Percent			Dollar Amount
Current	98.07	%	20,518	97.08	%	$	111,566,896.41
30 - 60 Days	1.56	%	326	2.40	%	$	2,761,254.57
61 - 90 Days	0.30	%	63	0.43	%	$	493,057.10
91 + Days	0.07	%	14	0.09	%	$	106,988.65
			20,921			$	114,928,196.73
Total
Delinquent Receivables 61 + days past due	0.37	%	77	0.52	%	$	600,045.75
Delinquency Ratio 61+ for 1st Preceding Collection Period	0.45	%	97	0.68	%	$	850,256.76
Delinquency Ratio 61+ for 2nd Preceding Collection Period	0.46	%	103	0.66	%	$	896,731.80
Three-Month Average Delinquency Ratio	0.42	%		0.62	%

Repossession in Current Period			18			$	144,308.37
Repossession Inventory			32			$	53,263.17

Charge-Offs
Gross Principal of Charge-Off for Current Period						$	164,054.19
Recoveries						$	(209,363.40	)
Net Charge-offs for Current Period						$	(45,309.21	)

Beginning Pool Balance for Current Period						$	124,812,429.48

Net Loss Ratio							-0.44	%
Net Loss Ratio for 1st Preceding Collection Period							-0.13	%
Net Loss Ratio for 2nd Preceding Collection Period							0.11	%
Three-Month Average Net Loss Ratio for Current Period							-0.15	%

Cumulative Net Losses for All Periods						$	7,407,166.84
Cumulative Net Losses as a % of Initial Pool Balance							0.70	%

Principal Balance of Extensions						$	543,093.83
Number of Extensions							62

Hyundai Auto Receivables Trust 2011-B 10-D