Unassociated Document

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): June 25, 2008

HYUNDAI AUTO RECEIVABLES TRUST 2008-A

HYUNDAI ABS FUNDING CORPORATION

(Exact name of Registrant as Specified in its Charter)

DELAWARE	333-144832	33-0978453
	333-144832-02
(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)

N/A

(Former name or former address, if changed since last report)

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):

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

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

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

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

ITEM 8.01 OTHER EVENTS

On June 25, 2008, Hyundai ABS Funding Corporation (“HAFC”) and Hyundai Motor Finance Company (“HMFC”) entered into that certain Receivables Purchase Agreement, dated as of June 25, 2008 (the “Receivables Purchase Agreement”), pursuant to which HMFC transferred to HAFC certain retail installment sales contracts relating to certain new and used automobiles, light-duty trucks and minivans (the “Receivables”) and related property. On June 25, 2008, Hyundai Auto Receivables Trust 2008-A (the “Trust”), a Delaware statutory trust created pursuant to that certain Trust Agreement, dated as of December 17, 2007, as amended and restated by the Amended and Restated Trust Agreement, dated as of June 25, 2008 (the “Amended and Restated Trust Agreement”), by and among HAFC, as depositor, Wilmington Trust Company, as owner trustee (the “Owner Trustee”) and HMFC, as administrator, entered into that certain Sale and Servicing Agreement, dated as of June 25, 2008 (the “Sale and Servicing Agreement”), with HAFC, as depositor, HMFC, as seller and servicer, and Citibank, N.A., as indenture trustee (the “Indenture Trustee”), pursuant to which the Receivables and related property were transferred to the Trust. Also on June 25, 2008, the Trust caused the issuance, pursuant to an Indenture, dated as of June 25, 2008 (the “Indenture”), by and between the Trust, as issuer, and the Indenture Trustee, of certain notes in the following classes: Class A-1, Class A-2, Class A-3 and Class A-4 (collectively, the “Notes”). Also on June 25, 2008, the Trust, as issuer, HMFC, as administrator, and the Indenture Trustee entered into that certain Owner Trust Administration Agreement, dated as of June 25, 2008, relating to the provision by HMFC of certain services relating to the Notes. The Notes, with an aggregate principal balance of $612,542,000.00, were sold to Banc of America Securities LLC, RBS Greenwich Capital and Société Générale Corporate & Investment Banking, as underwriters (the “Underwriters”) pursuant to an Underwriting Agreement, dated June 16, 2008, by and among HAFC, HMFC and Banc of America Securities LLC, on behalf of itself and as the representative of the several Underwriters (the “Underwriting Agreement”). The Notes have been registered pursuant to the Securities Act of 1933, as amended, under a Registration Statement on Form S-3 (Commission File No. 333-144832).

Attached as Exhibit 1.1 is the Underwriting Agreement, as Exhibit 4.1 is the Amended and Restated Trust Agreement, as Exhibit 4.2 is the Indenture, as Exhibit 10.1 is the Receivables Purchase Agreement, as Exhibit 10.2 is the Sale and Servicing Agreement, and as Exhibit 10.3 is the Owner Trust Administration Agreement.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(a) Not applicable.

(b) Not applicable.

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

Exhibit No.		Description

Exhibit 1.1		Underwriting Agreement, dated June 16, 2008, among HAFC, HMFC and Banc of America Securities LLC, on behalf of itself and as a representative of the several Underwriters.

Exhibit 4.1		Amended and Restated Trust Agreement, dated as of June 25, 2008, by and between HAFC, as depositor, the Owner Trustee and HMFC, as administrator.

Exhibit 4.2		Indenture, dated as of June 25, 2008, by and between the Trust, as issuer, and the Indenture Trustee.

Exhibit 10.1		Receivables Purchase Agreement, dated as of June 25, 2008, by and between HMFC, as seller and HAFC, as depositor.

Exhibit 10.2		Sale and Servicing Agreement, dated as of June 25, 2008, by and among the Trust, as issuer, HAFC, as depositor, HMFC, as seller and servicer and the Indenture Trustee.

Exhibit 10.3		Owner Trust Administration Agreement, dated as of June 25, 2008, by and among the Trust, as issuer, HMFC, as administrator and the Indenture Trustee.

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

HYUNDAI ABS FUNDING CORPORATION

By: /s/ Min Sok Randy Park

Name: Min Sok Randy Park

Title: Vice President and Secretary

Date: June 26, 2008

EXHIBIT INDEX

Item 601(a) of Regulation S-K

Exhibit No.		Description

Exhibit 1.1		Underwriting Agreement, dated June 16, 2008, among HAFC, HMFC and Banc of America Securities LLC, on behalf of itself and as a representative of the several Underwriters.

Exhibit 4.1		Amended and Restated Trust Agreement, dated as of June 25, 2008, by and between HAFC, as depositor, the Owner Trustee and HMFC, as administrator.

Exhibit 4.2		Indenture, dated as of June 25, 2008, by and between the Trust, as issuer, and the Indenture Trustee.

Exhibit 10.1		Receivables Purchase Agreement, dated as of June 25, 2008, by and between HMFC, as seller and HAFC, as depositor.

Exhibit 10.2		Sale and Servicing Agreement, dated as of June 25, 2008, by and among the Trust, as issuer, HAFC, as depositor, HMFC, as seller and servicer and the Indenture Trustee.

Exhibit 10.3		Owner Trust Administration Agreement, dated as of June 25, 2008, by and among the Trust, as issuer, HMFC, as administrator and the Indenture Trustee.