UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION


Washington,
D.C. 20549


——————


FORM
10-K


——————





(Mark
One)





[ X
      ]
            ANNUAL
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934





For the
fiscal year ended December 31, 2008





[    ]
            TRANSITION
      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
      1934





For the
transition period from __________________________ to
___________________________





Commission
File Number of Issuing Entity  333-144832-02





Hyundai
Auto Receivables Trust 2008-A


(Exact
Name of Issuing Entity as Specified in its Charter)





Commission
File Number of Depositor  333-144832





Hyundai
ABS Funding Corporation


(Exact
Name of Depositor as Specified in its Charter)





Hyundai
Motor Finance Company


(Exact
Name of Sponsor as Specified in its Charter)








Delaware
            33-0978453(State
      or Other Jurisdiction of Incorporation of the Registrant)
            (I.R.S.
      Employer Identification No. of the
Registrant)





c/o
      10550 Talbert Avenue, Fountain Valley, California
            92708(Address
      of Principal Executive Offices of Registrant)
            (Zip
      Code of Registrant)





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





Securities
registered pursuant to Section 12(b) of the Act:


Title
      of each class
              
              Name
      of each exchange on which registeredNone
              
              None








Securities
registered pursuant to Section 12(g) of the Act:  None.





Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.  ̈ Yes  ý No





Indicate
by check mark if the registrant is not required to file reports pursuant to
Section 13 or Section 15(d) of the Act.  ̈ Yes  ý No





Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.   ý Yes  ̈ No





Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of
Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not
be contained, to the best of registrant’s knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K.  ý





Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See definition of “large accelerated filer,” “accelerated
filer” and “smaller reporting company” in Rule 12b-2 of the Exchange
Act.  (Check one):





Large
      Accelerated filer   ̈
              Accelerated
      filer  ̈Non-accelerated
      filer  ý
              Smaller
      reporting company  ̈(Do
      not check if a smaller reporting
company)





Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Exchange Act).   ̈ Yes  ý No





State the
aggregate market value of the voting and non-voting common equity held by
non-affiliates computed by reference to the price at which the common equity was
last sold, or the average bid and asked price of such common equity, as of the
last business day of the registrant’s most recently completed second fiscal
quarter.  Not
applicable.





Indicate
the number of shares outstanding of each of the registrant’s classes of common
stock, as of the latest practicable date.  Not applicable.





DOCUMENTS
INCORPORATED BY REFERENCE





List
hereunder the following documents if incorporated by reference and the Part of
the Form 10-K (e.g., Part I, Part II, etc.) into which the document is
incorporated: (1) Any annual report to security holders; (2) Any proxy or
information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or
(c) under the Securities Act of 1933. The listed documents should be clearly
described for identification purposes (e.g., annual report to security holders
for fiscal year ended December 24, 1980).  None.





PART
I





THE FOLLOWING ITEMS HAVE BEEN OMITTED
IN ACCORDANCE WITH GENERAL INSTRUCTION J(1) TO FORM 10−K:





(A)
            Item
      1.  Business


(B)
            Item
      1A.  Risk Factors


(C)
            Item
      2.  Properties


(D)
            Item
      3.  Legal Proceedings


(E)
            Item
      4.  Submission of Matters to a Vote of Security
      Holders





Item
1B.  Unresolved Staff Comments





None.





PART
II




THE FOLLOWING ITEMS HAVE BEEN OMITTED
IN ACCORDANCE WITH GENERAL INSTRUCTION J(1) TO FORM 10−K.




(A)
            Item
      5.  Market for Registrant’s Common Equity, Related Stockholder
      Matters and Issuer Purchases of Equity
  Securities.


(B)
            Item
      6.  Selected Financial
Data.


(C)
            Item
      7.  Management’s Discussion and Analysis of Financial Condition
      and Results of Operations.


(D)
            Item
      7A.  Quantitative and Qualitative Disclosures About Market
      Risk.


(E)
            Item
      8.  Financial Statements and Supplementary
  Data.


(F)
            Item
      9.  Changes in and Disagreements with Accountants on Accounting
      and Financial Disclosure.


(G)
            Item
      9A. Controls and Procedures.


(H)
            Item
      9A(T).  Controls and
Procedures.





Item
      9B.
            Other
      Information.




None.





PART
III




THE
FOLLOWING ITEMS HAVE BEEN OMITTED IN ACCORDANCE WITH GENERAL INSTRUCTION J(1) TO
FORM 10−K.




(A)
            Item
      10.  Directors, Executive Officers and Corporate
      Governance.


(B)
            Item
      11.  Executive
Compensation.


(C)
            Item
      12.  Security Ownership of Certain Beneficial Owners and
      Management and Related Stockholder
Matters.


(D)
            Item
      13.  Certain Relationships and Related Transactions, and
      Director Independence.


(E)
            Item
      14.  Principal Accountant Fees and
  Services.








SUBSTITUTE INFORMATION PROVIDED IN
ACCORDANCE WITH GENERAL INSTRUCTION J(2) TO FORM 10-K:





Item
1112(b) of Regulation AB.  Significant obligors of pool assets
(Financial Information):





Not
applicable.





Item
1114(b)(2) of Regulation AB.  Credit Enhancement and Other Support,
Except for Certain Derivatives Instruments (Financial Information).





Not
applicable.





Item
1115(b) of Regulation AB.  Certain Derivatives Instruments (Financial
Information).





Not
applicable.





Item
1117 of Regulation AB.  Legal Proceedings.





No legal
proceedings are pending or known to be contemplated by governmental authorities
against any of Hyundai Motor Finance Company (the “Sponsor”), Hyundai ABS
Funding Corporation (the “Depositor”), Citibank, N.A. (the “Indenture Trustee”)
or Hyundai Auto Receivables Trust 2008-A (the “Issuing Entity”), or of which any
property of the foregoing is the subject, that are material to holders of the
asset-backed notes or the certificates.





Item
1119 of Regulation AB. Affiliations and Certain Relationships and Related
Transactions.





Information
contemplated by Item 1119 of Regulation AB has been omitted from this report on
Form 10-K in reliance on Instruction to Item 1119 of Regulation AB.





Item
1122 of Regulation AB.  Compliance with Applicable Servicing
Criteria





The
Sponsor (in its role as servicer) and the Indenture Trustee (together, the
“Servicing Parties”) have each been identified by the registrant as parties
participating in the servicing function with respect to the asset pool held by
the Issuing Entity.  Each of the Servicing Parties has completed a report
on an assessment of compliance with the servicing criteria applicable to it
(each, a “Servicing Report”), which Servicing Reports are attached as exhibits
to this Form 10-K. In addition, each of the Sponsor and the Indenture Trustee
has provided an attestation report (each, an "Attestation Report") by one or
more registered public accounting firms, which reports are also attached as
exhibits to this Form 10-K.  None of the Servicing Reports prepared by
any of the Servicing Parties, and none of the related Attestation Reports, has
identified any material instance of noncompliance with the servicing criteria
applicable to the respective Servicing Party.








Item
1123 of Regulation AB.  Servicer Compliance Statement.





The
Sponsor, in its role as servicer, has been identified by the registrant as a
servicer with respect to the asset pool held by the Issuing
Entity.  The Sponsor has completed a statement of compliance with
applicable servicing agreement (a “Compliance Statement”) signed by an
authorized officer of the Sponsor. The Compliance Statement is attached as an
exhibit to this Form 10-K.





SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED


PURSUANT
TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT


REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.




No annual
report, proxy statement, form of proxy or other proxy soliciting material has
been sent to the registrant’s securityholders, and the registrant does not
presently contemplate sending any such materials subsequent to the filing of
this report.








PART
IV





Item
15. Exhibits, Financial Statement Schedules.





(a) List
of Documents Filed as Part of this Report





(1) Not
applicable.


(2) Not
applicable.


(3) The
exhibits filed in response to Item 601 of Regulation S-K are listed in the
Exhibit Index.





(b) The
exhibits filed in response to Item 601 of Regulation S-K are listed in the
Exhibit Index.





(c) Not
applicable.





SIGNATURE








Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.








Dated:  March
      30, 2009
              HYUNDAI
      AUTO RECEIVABLES TRUST 2008-ABy:
      Hyundai ABS Funding Corporation, as DepositorBy: 
      /s/ MIN SOK
      RANDY PARKName:
      Min Sok Randy ParkTitle:  Vice
      President and Secretary
                (senior
      officer in charge of securitization ofthe
      depositor)








EXHIBIT
INDEX





The
following exhibits are filed as part of this annual report or, where indicated,
were heretofore filed and are hereby incorporated by reference.




Exhibit
No.




3.1
              Amended and Restated Certificate
      of Incorporation of Hyundai ABS Funding Corporation(incorporated
      by reference to Exhibit 3.1 to Amendment No. 1 to the Form S-3 of Hyundai
      ABS Funding Corporation, filed with the Securities and Exchange Commission
      on July 30, 2004, File No. 333-117398)3.2
              Bylaws of Hyundai ABS Funding
      Corporation(incorporated by reference to Exhibit 3.2 to Amendment
      No. 1 to the Form S-3 of Hyundai ABS Funding Corporation filed with the
      Securities and Exchange Commission on July 30, 2004, File No.
      333-117398)4.1
              Amended and Restated Trust
      Agreement, dated as of June 25, 2008, by and betweenHyundai ABS
      Funding Corporation, as
      depositor, Wilmington Trust Company, as owner trustee, andHyundai
      Motor Finance Company, as
      administrator (incorporated by reference to Exhibit 4.1 of Form 8-K, filed
      with theSecurities and Exchange Commission on June 26, 2008,File No.
      333-144832-02)4.2
              Indenture, dated as of June 25,
      2008, by and between the Trust, as issuer, and the Indenture Trustee
      (incorporated by reference to Exhibit 4.2 of Form 8-K, filed with theSecurities and Exchange Commissionon June 26, 2008,File No.
      333-144832-02)10.1
              Receivables Purchase Agreement,
      dated as of June 25, 2008, by and betweenHyundai Motor Finance
      Company, as seller
      andHyundai ABS Funding Corporation, as depositor
      (incorporated by
      reference to Exhibit 10.1of Form 8-K, filed with theSecurities and Exchange Commissionon June 26, 2008,File No.
      333-144832-02)10.2
              Sale and Servicing Agreement,
      dated as of June 25, 2008, by and among theIssuing Entity, as issuer,Hyundai ABS
      Funding Corporation, as
      depositor,Hyundai Motor Finance Company, as seller and servicer and the
      Indenture Trustee (incorporated by reference to Exhibit 10.2of Form 8-K, filed with theSecurities and Exchange Commissionon June 26, 2008,File No.
      333-144832-02)10.3
              Owner Trust Administration
      Agreement, dated as of June 25, 2008, by and among theIssuing Entity, as issuer,Hyundai Motor
      Finance Company, as
      administrator, and the Indenture Trustee (incorporated by reference to
      Exhibit 10.3of Form 8-K, filed with theSecurities and Exchange Commissionon June 26, 2008,File No.
      333-144832-02)31.1
              Certification
      of senior officer in charge of securitization of the depositor pursuant to
      Section 302 of the Sarbanes-Oxley Act of 200233.1
              Management’s
      Assessment on Compliance with Regulation AB Criteria (Hyundai Motor
      Finance Company)33.2
              Management’s
      Assertion of Compliance (Citibank, N.A.)34.1
              Attestation
      Report of KPMG LLP on Management’s Assertion on Compliance with Regulation
      AB Criteria relating to Hyundai Motor Finance Company34.2
              Attestation
      Report of KPMG LLP on Assertion of Compliance relating to Citibank,
      N.A.35.1
              Annual
      Servicer’s Compliance
Certificate