8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 15, 2005

HYUNDAI ABS FUNDING CORPORATION

(Exact name of Registrant as Specified in its Charter)

DELAWARE
333-108545
33-0978453

(State or Other Jurisdiction of
Incorporation) (Commission File Number) (IRS Employer Identification No.)

10550 TALBERT AVENUE
FOUNTAIN VALLEY, CALIFORNIA 92708

(Address of Principal Executive Offices)

Registrant’s telephone number, including area code: (714) 594-1579

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	ITEM 8.01 OTHER EVENTS
	ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
SIGNATURES
EXHIBIT INDEX
EX-20.1

ITEM 8.01 OTHER EVENTS

Hyundai ABS Funding Corporation (the “Registrant”) is hereby filing the servicer report (the “Servicer Report”) which Hyundai Motor Finance Company (“HMFC”) is required to file pursuant to Section 4.09 of the Sale and Servicing Agreement, dated as of July 8, 2005, among Hyundai Auto Receivables Trust 2005-A (the “Issuer”), the Registrant, HMFC and Citibank, N.A., as indenture trustee. The Servicer Report filed hereby covers the period from June 1, 2005 to July 31, 2005.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(a)	Not applicable.
(b)	Not applicable.
(c)	Exhibits

The exhibit number corresponds with Item 601(a) of Regulation S-K.

Exhibit No.	Description
Exhibit 20.1	August 2005 Servicer Report

SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the Registrant by the undersigned thereunto duly authorized.

	HYUNDAI ABS FUNDING CORPORATION
Date: August 15, 2005	By:	/s/ Jae-Min Song
		Name:	Jae-Min Song
		Title:	Treasurer

EXHIBIT INDEX

Exhibit
No.	Description
Exhibit 20.1	August 2005 Servicer Report

EX-20.1

Exhibit 20.1

Hyundai Auto Receivables Trust 2005-A
Monthly Servicing Report

Collection Period
Distribution Date
Transaction Month
30/360 Days
Actual/360 Days June/July 2005
08/15/05
1
37
38

I. ORIGINAL DEAL PARAMETERS

Cut off Date:
Closing Date: May 31, 2005
July 8, 2005

	Dollars		Units		WAC			WAM
Original Pool Balance:	$	855,479,000.03		52,391		7.170	%		59.43

	Dollar Amount		% of Pool			Coupon Rate			Final Payment Date
Class A-1 Notes	$	169,000,000.00		19.755	%		3.51438	%	July 17, 2006
Class A-2 Notes	$	230,000,000.00		26.886	%		3.88000	%	June 16, 2008
Class A-3 Notes	$	171,000,000.00		19.989	%		3.98000	%	November 16, 2009
Class A-4 Notes	$	110,300,000.00		12.893	%		4.18000	%	February 15, 2012
Class B Notes	$	31,900,000.00		3.729	%		4.20000	%	February 15, 2012
Class C Notes	$	27,900,000.00		3.261	%		4.22000	%	February 15, 2012
Class D Notes	$	33,900,000.00		3.963	%		4.45000	%	February 15, 2012
Total Securities	$	774,000,000.00		90.476	%
Overcollateralization	$	23,971,587.81		3.004	%
YSOA	$	57,507,412.22		6.722	%
Total Original Pool Balance	$	855,479,000.03		100.20	%

II. POOL BALANCE AND PORTFOLIO INFORMATION

	Beginning of Period					Ending of Period					Change
	Balance			Pool Factor		Balance			Pool Factor
Class A-1 Notes	$	169,000,000.00			1.0000000	$	121,958,485.49			0.7216478	$	47,041,514.51
Class A-2 Notes	$	230,000,000.00			1.0000000	$	230,000,000.00			1.0000000	$	—
Class A-3 Notes	$	171,000,000.00			1.0000000	$	171,000,000.00			1.0000000	$	—
Class A-4 Notes	$	110,300,000.00			1.0000000	$	110,300,000.00			1.0000000	$	—
Class B Notes	$	31,900,000.00			1.0000000	$	31,900,000.00			1.0000000	$	—
Class C Notes	$	27,900,000.00			1.0000000	$	27,900,000.00			1.0000000	$	—
Class D Notes	$	33,900,000.00			1.0000000	$	33,900,000.00			1.0000000	$	—
Total Securities	$	774,000,000.00			1.0000000	$	726,958,485.49			0.9392228	$	47,041,514.51
Weighted Avg. Coupon (WAC)		7.17	%				7.16	%
Weighted Avg. Remaining Maturity (WARM)		59.43					57.55
Pool Receivables Balance	$	855,479,000.03				$	813,767,357.79
Remaining Number of Receivables		52,391					51,302
Adjusted Pool Balance	$	797,971,587.81				$	758,123,291.88

III. COLLECTIONS

Principal:
Principal Collections	$	41,589,598.72
Repurchased Contract Proceeds Related to Principal	$	—
Liquidation Proceeds	$	—
Recoveries from Prior Month Charge-Offs	$	203.38
Total Principal Collections	$	41,589,802.10
Interest:
Interest Collections	$	10,000,433.36
Late Fees & Other Charges	$	98,720.50
Interest on Repurchase Principal	$	—
Total Interest Collections	$	10,099,153.86
Collection Account Interest	$	81,166.31
Reserve Account Interest	$	8,294.26
Total Collections	$	51,778,416.53

1 of 3

Hyundai Auto Receivables Trust 2005-A
Monthly Servicing Report

Collection Period
Distribution Date
Transaction Month
30/360 Days
Actual/360 Days June/July 2005
08/15/05
1
37
38

IV. DISTRIBUTIONS

Total Collections	$	51,778,416.53
Reserve Account Release	$	—
Reserve Account Draw	$	—
Total Available for Distribution	$	51,778,416.53

	Amount Due		Amount Paid
1. Servicing Fee @1.00%:
Servicing Fee Due	$	1,425,798.33	$	1,425,798.33	$	1,425,798.33
Collection Account Interest					$	81,166.31
Late Fees & Other Charges					$	98,720.50
Total due to Servicer					$	1,605,685.14
2. Class A Noteholders Interest:
Class A-1 Notes	$	626,926.34	$	626,926.34
Class A-2 Notes	$	917,188.89	$	917,188.89
Class A-3 Notes	$	699,485.00	$	699,485.00
Class A-4 Notes	$	473,861.06	$	473,861.06
Total Class A interest:	$	2,717,461.29	$	2,717,461.29	$	2,717,461.29
3. First Priority Principal Distribution:	$	—	$	—	$	—
4. Class B Noteholders Interest:	$	137,701.67	$	137,701.67	$	137,701.67
5. Second Priority Principal Distribution:	$	—	$	—	$	—
6. Class C Noteholders Interest:	$	121,008.50	$	121,008.50	$	121,008.50
7. Third Priority Principal Distribution:	$	—	$	—	$	—
8. Class D Noteholders Interest:	$	155,045.42	$	155,045.42	$	155,045.42
Available Funds Remaining:					$	47,041,514.51
9. Regular Principal Distribution amount					$	47,041,514.51

	Distributable Amount		Paid Amount
Class A-1 Notes			$	47,041,514.51
Class A-2 Notes			$	—
Class A-3 Notes			$	—
Class A-4 Notes			$	—
Class A Notes Total:	$	183,530,002.34	$	47,041,514.51
Class B Notes Total:	$	31,900,000.00	$	—
Class C Notes Total:	$	27,900,000.00	$	—
Class D Notes Total:	$	21,704,582.56	$	—
Total Noteholders Principal			$	47,041,514.51
10. Available Amounts Remaining to reserve account					0.00
11. Trust Fees and Expenses					0.00
12. Remaining Available Collections Released to Cetificateholder					0.00

V. YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)

Beginning Period Required Amount	$	57,507,412.22
Beginning Period Amount	$	57,507,412.22
Current Period Amortization	$	1,863,346.31
Ending Period Required Amount	$	55,644,065.91
Ending Period Amount	$	55,644,065.91
Next Distribution Date Required Amount	$	53,806,866.22

2 of 3

Hyundai Auto Receivables Trust 2005-A
Monthly Servicing Report

Collection Period	June/July 2005
Distribution Date		08/15/05
Transaction Month		1
30/360 Days		37
Actual/360 Days		38

VI. RESERVE ACCOUNT

Beginning Period Required Amount	$	3,989,857.94
Beginning Period Amount	$	3,989,857.94
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)	$	3,989,857.94
Ending Period Amount	$	3,989,857.94

VII. OVERCOLLATERALIZATION

	Beginning			Ending			Target
Overcollateralization Amount	$	23,971,587.81		$	31,164,806.39		$	52,869,388.95
Overcollateralization as a % of Original Pool (unadjusted)		2.80	%		3.64	%		6.18	%
Overcollateralization as a % of Current Pool (unadjusted)		2.80	%		3.83	%		6.50	%

VIII. DELINQUENCY AND ACTIVITY

	Units Percent			Units		Dollars Percent			Dollar Amount
Current		98.59	%		50,579		98.61	%	$	802,454,586.53
30 - 59 Days		1.23	%		629		1.21	%	$	9,855,065.94
60 - 89 Days		0.18	%		90		0.17	%	$	1,421,351.84
90 + Days		0.01	%		4		0.00	%	$	36,353.48
Total					51,302				$	813,767,357.79
Delinquent Receivables 60 + days past due		0.18	%		94		0.18	%	$	1,457,705.32
Delinquency Ratio 60+ for 1st Preceding Collection Period		0.00	%		0		0.00	%	$	—
Delinquency Ratio 60+ for 2nd Preceding Collection Period		0.00	%		0		0.00	%	$	—
Three-Month Average Delinquency Ratio		0.06	%				0.06	%
Repossession in Current Period										39
Repossession Inventory										46
Charge-Offs
Gross Principal of Charge-Off for Current Period									$	122,043.52
Recoveries for Current Period									$	—
Recoveries on Previous Charge-off Contracts									$	(203.38	)
Net Charge-offs for Current Period									$	121,840.14
Average Pool Balance for Current Period									$	834,623,178.91
Ratio										0.18	%
Ratio for 1st Preceding Collection Period										0.00	%
Net Loss Ratio for 2nd Preceding Collection Period										0.00	%
Three-Month Average Net Loss Ratio for Current Period										0.06	%
Cumulative Net Losses for All Periods									$	121,840.14
Cumulative Net Losses as a % of Initial Pool Balance										0.01	%

The undersigned hereby represents and warrants that the foregoing is a true and accurate accounting with respect to the outstandings as of July 31, 2005, in accordance with the Sale and Servicing Agreement dated as of July 8, 2005, and that all the representations and warranties set forth in Section 3.01 and made by HMFC, as Seller, are hereby restated and reaffirmed.

HYUNDAI MOTOR FINANCE COMPANY, AS SERVICER
By:	/s/ Jae-Min Song
	Name:	Jae-Min Song
	Title:	Treasurer Date:
	Date:	August 11, 2005

3 of 3

SERVICER’S CERTIFICATE

Collection Period:
Distribution Date: June/July 2005
August 15, 2005

Hyundai Auto Receivables Trust 2005-A

          The undersigned certifies that he is an officer of Hyundai Motor Finance Company, a California corporation (“HMFC”) and that as such he is duly authorized to execute and deliver this certificate on behalf of HMFC pursuant to Section 4.09 of the Sale and Servicing Agreement dated July 8, 2005 among Hyundai Auto Receivables Trust 2005-A, as Issuer, Hyundai ABS Funding Corporation, as Depositor, HMFC, as Seller and Servicer and Citibank, N.A., as Indenture Trustee (the “Sale and Servicing Agreement”) (all capitalized terms used herein without definition have the respective meanings specified in the Sale and Servicing Agreement) and further certifies that:

          1.          The Servicer’s report for the period from June 1, 2005 to July 31, 2005 attached to this certificate is complete and accurate and contains all information required by Section 4.09 of the Sale and Servicing Agreement; and

          2.          As of July 31, 2005, no Servicer Termination Events have occurred.

          IN WITNESS WHEREOF, I have fixed hereunto my signature this 12th day of August 2005.

HYUNDAI MOTOR FINANCE COMPANY, as Servicer
By:	/s/ Jae-Min Song
	Name:	Jae-Min Song
	Title:	Treasurer