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	$	-		-	$	-		-	$	-
Class B Notes	$	-		-	$	-		-	$	-
Class C Notes	$	10,956,437.49		0.3190576	$	-		-	$	10,956,437.49
Class D Notes	$	25,250,000.00		1.0000000	$	-		-	$	25,250,000.00
Total Securities	$	36,206,437.49		0.0362064	$	-		-	$	36,206,437.49

Weighted Avg. Coupon (WAC)		5.06	%			5.12	%
Weighted Avg. Remaining Maturity (WARM)		14.67				14.05
Pool Receivables Balance	$	58,112,422.44			$	51,666,779.91
Remaining Number of Receivables		15,841				15,224

Adjusted Pool Balance	$	56,408,796.89			$	50,192,639.12

III. COLLECTIONS

Principal:
Principal Collections	$	6,345,341.42
Repurchased Contract Proceeds Related to Principal	$	51,666,779.91
Recoveries/Liquidation Proceeds	$	87,678.70
Total Principal Collections	$	58,099,800.03

Interest:
Interest Collections	$	248,073.41
Late Fees & Other Charges	$	27,913.11
Interest on Repurchase Principal	$	129,129.68
Total Interest Collections	$	405,116.20

Collection Account Interest	$	516.96
Reserve Account Interest	$	427.23
Servicer Advances	$	-

Total Collections	$	58,505,860.42

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Hyundai Auto Receivables Trust 2011-B
Monthly Servicing Report

IV. DISTRIBUTIONS

Total Collections	$	58,505,860.42
Reserve Account Available	$	5,050,589.85
Total Available for Distribution	$	63,556,450.27

			Amount Due		Interest Pymt Due but unpaid from prior periods		Amount Paid
1. Servicing Fee @1.00%:
Servicing Fee Due	1.00%	$	48,427.02	$	-	$	48,427.02	$	48,427.02
Collection Account Interest								$	516.96
Late Fees & Other Charges								$	27,913.11
Total due to Servicer								$	76,857.09

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:		$	-			$	-	$	-

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

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

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

6. Class C Noteholders Interest:		$	26,112.84			$	26,112.84	$	26,112.84

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

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

Available Funds Remaining:								$	58,329,034.24

Reserve Account Release								$	5,050,589.85
Reserve Account Draw								$	-

9. Regular Principal Distribution Amount:								$	36,206,437.49

		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:		$	6,216,157.77			$	10,956,437.49
Class D Notes Total:		$	-			$	25,250,000.00
Total Noteholders Principal		$	6,216,157.77			$	36,206,437.49

10. Required Deposit to Reserve Account									0.00

11. Trustee Expenses									0.00

12. Remaining Available Collections Released to Certificateholder								$	27,173,186.61

V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)

Beginning Period Required Amount	$	1,703,625.55
Beginning Period Amount	$	1,703,625.55
Current Period Amortization	$	229,484.76
Ending Period Required Amount	$	1,474,140.79
Ending Period Amount	$	1,474,140.79
Next Distribution Date Amount	$	1,266,235.71

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	$	5,050,589.85
Current Period Deposit	$	-
Current Period Release to Depositor	$	-
Ending Period Required Amount (0.5% of APB of cut-off date)	$	-
Ending Period Amount	$	-

VII. OVERCOLLATERALIZATION

Overcollateralization Target			2.00	%
Overcollateralization Floor			2.00	%

		Beginning			Ending			Target
Overcollateralization Amount	$	20,202,359.40		$	50,192,639.12		$	20,202,359.40
Overcollateralization as a % of Original Adjusted Pool		2.00	%		4.97	%		2.00	%
Overcollateralization as a % of Current Adjusted Pool		35.81	%		100.00	%		40.25	%

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Hyundai Auto Receivables Trust 2011-B
Monthly Servicing Report

VIII. DELINQUENCY AND NET LOSS ACTIVITY

	Units Percent		Units	Dollars Percent			Dollar Amount
Current	97.70	%	14,874	96.06	%	$	49,629,307.91
30 - 60 Days	1.71	%	261	2.88	%	$	1,488,558.25
61 - 90 Days	0.50	%	76	0.93	%	$	480,593.81
91 + Days	0.09	%	13	0.13	%	$	68,319.94
			15,224			$	51,666,779.91
Total
Delinquent Receivables 61 + days past due	0.58	%	89	1.06	%	$	548,913.75
Delinquency Ratio 61+ for 1st Preceding Collection Period	0.50	%	79	0.82	%	$	474,614.70
Delinquency Ratio 61+ for 2nd Preceding Collection Period	0.49	%	81	0.77	%	$	501,297.47
Three-Month Average Delinquency Ratio	0.53	%		0.88	%

Repossession in Current Period			8			$	46,232.87
Repossession Inventory			19			$	29,521.62

Charge-Offs
Gross Principal of Charge-Off for Current Period						$	100,301.11
Recoveries						$	(87,678.70	)
Net Charge-offs for Current Period						$	12,622.41

Beginning Pool Balance for Current Period						$	58,112,422.44

Net Loss Ratio							0.26	%
Net Loss Ratio for 1st Preceding Collection Period							-0.74	%
Net Loss Ratio for 2nd Preceding Collection Period							-0.60	%
Three-Month Average Net Loss Ratio for Current Period							-0.36	%

Cumulative Net Losses for All Periods						$	7,158,378.36
Cumulative Net Losses as a % of Initial Pool Balance							0.68	%

Principal Balance of Extensions						$	315,764.53
Number of Extensions							51

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Hyundai Auto Receivables Trust 2011-B 10-D