Exhibit 34.1



Report of Independent Registered Public
Accounting Firm



The Board of Directors
Hyundai Capital America:



We have examined management’s assertion, included in the
accompanying Management’s Assessment on Compliance with SEC Regulation AB Criteria (Management’s Assessment),
that Hyundai Capital America (the Company) complied with the servicing criteria set forth in Item 1122(d) of the
Securities and Exchange Commission’s Regulation AB (the Servicing Criteria) for the servicing of auto receivable
backed security transactions issued on or after January 1, 2006 (the Platform), except for servicing criteria 112(d)(1)(iii)-(iv),
1122(d)(2)(iv), 1122(d)(3)(iii)-(iv), 1122(d)(4)(ix)-(xiii), and 1122(d)(4)(xv), which the Company has determined are not applicable
to the activities it performs with respect to the Platform, as of and for the year ended December 31, 2019. With respect to
applicable servicing criteria 1122(d)(2)(iii) and 1122(d)(4)(iii), the Company has determined that there were no activities
performed during the year ended December 31, 2019 with the respect to the Platform, because there were no occurrences of events
that would require the Company to perform such activities. Appendix A to Management’s Assessment identifies the individual
asset-backed transactions and securities defined by management as constituting the Platform. Management is responsible for the
Company’s compliance with the Servicing Criteria. Our responsibility is to express an opinion on management’s assertion
about the Company’s compliance with the Servicing Criteria based on our examination.



Our examination was conducted in accordance with the standards
of the Public Company Accounting Oversight Board (United States) and in accordance with attestation standards established by the
American Institute of Certified Public Accountants to obtain reasonable assurance and, accordingly, included examining, on a test
basis, evidence about the Company’s compliance with the Servicing Criteria and performing such other procedures as we considered
necessary in the circumstances. Our examination included testing selected asset-backed transactions and securities that comprise
the Platform, testing selected servicing activities related to the Platform, and determining whether the Company processed those
selected transactions and performed those selected activities in compliance with the Servicing Criteria. Furthermore, our procedures
were limited to the selected transactions and servicing activities performed by the Company during the period covered by this report.
Our procedures were not designed to determine whether errors may have occurred either prior to or subsequent to our tests that
may have affected the balances or amounts calculated or reported by the Company during the period covered by this report for the
selected transactions or any other transactions. We believe that our examination provides a reasonable basis for our opinion. Our
examination does not provide a legal determination on the Company’s compliance with the Servicing Criteria.



As described in the accompanying Management’s Assessment,
for servicing criteria 1122(d)(2)(i) and 1122(d)(4)(iv), the Company has engaged various vendors to perform the activities
required by these servicing criteria. The Company has determined that none of these vendors is considered a “servicer”
as defined in Item 1101(j) of Regulation AB, and the Company has elected to take responsibility for assessing compliance
with the servicing criteria applicable to each vendor as permitted by the SEC’s Compliance and Disclosure Interpretation
(C&DI) 200.06, Vendors Engaged by Servicers (C&DI 200.06). As permitted by C&DI 200.06, the Company has asserted
that it has policies and procedures in place designed to provide reasonable assurance that the vendors’ activities comply
in all material respects with the servicing criteria applicable to each vendor. The Company is solely responsible for determining
that it meets the SEC requirements to apply C&DI 200.06 for the vendors and related servicing criteria as described in
its assertion, and we performed no procedures with respect to the Company’s eligibility to apply C&DI 200.06.



In our opinion, management’s assertion that the Company
complied with the aforementioned Servicing Criteria, including servicing criteria 1122(d)(2)(i) and 1122(d)(4)(iv) for
which compliance is determined based on C&DI 200.06 as described above, as of and for the year ended December 31,
2019 is fairly stated, in all material respects.



/s/ KPMG LLP



Irvine, California

March 13, 2020