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	$	22,711,733.97			0.6246351	$	13,522,466.81			0.3719050	$	9,189,267.16
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	$	82,301,733.97			0.0823017	$	73,112,466.81			0.0731125	$	9,189,267.16

Weighted Avg. Coupon (WAC)		4.85	%				4.88	%
Weighted Avg. Remaining Maturity (WARM)		19.18					18.37
Pool Receivables Balance	$	106,039,741.44				$	96,488,797.47
Remaining Number of Receivables		20,076					19,019

Adjusted Pool Balance	$	102,504,093.37				$	93,314,826.21

III. COLLECTIONS

Principal:
Principal Collections	$	9,456,724.25
Repurchased Contract Proceeds Related to Principal	$	-
Recoveries/Liquidation Proceeds	$	169,005.56
Total Principal Collections	$	9,625,729.81

Interest:
Interest Collections	$	414,858.10
Late Fees & Other Charges	$	21,975.13
Interest on Repurchase Principal	$	-
Total Interest Collections	$	436,833.23

Collection Account Interest	$	369.39
Reserve Account Interest	$	225.61
Servicer Advances	$	-

Total Collections	$	10,063,158.04

Hyundai Auto Receivables Trust 2011-B

Monthly Servicing Report

IV. DISTRIBUTIONS

Total Collections	$	10,063,158.04
Reserve Account Available	$	5,050,589.85
Total Available for Distribution	$	15,113,747.89

		Amount Due		Interest Pymt Due but unpaid from prior periods	Amount Paid
1. Servicing Fee @1.00%:
Servicing Fee Due	1.00%	$	88,366.45		$	88,366.45	$	88,366.45
Collection Account Interest							$	369.39
Late Fees & Other Charges							$	21,975.13
Total due to Servicer							$	110,710.97

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:		$	42,963.03		$	42,963.03	$	42,963.03

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:							$	9,753,784.12

Reserve Account Release							$	-
Reserve Account Draw							$	-

9. Regular Principal Distribution Amount:							$	9,189,267.16

		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:		$	9,189,267.16		$	9,189,267.16
Class C Notes Total:		$	-		$	-
Class D Notes Total:		$	-		$	-
Total Noteholders Principal		$	9,189,267.16		$	9,189,267.16

10. Required Deposit to Reserve Account								0.00

11. Trustee Expenses								0.00

12. Remaining Available Collections Released to Certificateholder								564,516.96

V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)

Beginning Period Required Amount	$	3,535,648.07
Beginning Period Amount	$	3,535,648.07
Current Period Amortization	$	361,676.82
Ending Period Required Amount	$	3,173,971.26
Ending Period Amount	$	3,173,971.26
Next Distribution Date Amount	$	2,835,712.84

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				19.71	%		21.65	%		21.65	%

VIII. DELINQUENCY AND NET LOSS ACTIVITY

	Units Percent			Units		Dollars Percent			Dollar Amount
Current		98.26	%		18,688		97.40	%	$	93,981,034.10
30 - 60 Days		1.44	%		273		2.15	%	$	2,075,687.25
61 - 90 Days		0.26	%		49		0.38	%	$	368,209.62
91 + Days		0.05	%		9		0.07	%	$	63,866.50
					19,019				$	96,488,797.47
Total
Delinquent Receivables 61 + days past due		0.30	%		58		0.45	%	$	432,076.12
Delinquency Ratio 61+ for 1st Preceding Collection Period		0.35	%		70		0.52	%	$	556,323.33
Delinquency Ratio 61+ for 2nd Preceding Collection Period		0.37	%		77		0.52	%	$	600,045.75
Three-Month Average Delinquency Ratio		0.34	%				0.50	%

Repossession in Current Period					17				$	143,087.31
Repossession Inventory					28				$	98,849.07

Charge-Offs
Gross Principal of Charge-Off for Current Period									$	94,219.72
Recoveries									$	(169,005.56	)
Net Charge-offs for Current Period									$	(74,785.84	)

Beginning Pool Balance for Current Period									$	106,039,741.44

Net Loss Ratio										-0.85	%
Net Loss Ratio for 1st Preceding Collection Period										-0.71	%
Net Loss Ratio for 2nd Preceding Collection Period										-0.44	%
Three-Month Average Net Loss Ratio for Current Period										-0.67	%

Cumulative Net Losses for All Periods									$	7,264,016.32
Cumulative Net Losses as a % of Initial Pool Balance										0.69	%

Principal Balance of Extensions									$	457,151.79
Number of Extensions										53

Hyundai Auto Receivables Trust 2011-B 10-D