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,
2009





[    ]
            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  333-144832-03
  Hyundai
Auto Receivables Trust 2009-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
Capital America
 (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
      3161 Michelson Drive, Irvine, California
            92612(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 whether the registrant has submitted electronically and posted on
its corporate Web site, if any, every Interactive Data File required to be
submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding
12 months (or for such shorter period that the registrant was required to submit
and post such files).  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. (Removed and Reserved)


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.


(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.





Item
9A(T).  Controls and Procedures.




Not
applicable.




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 and Executive Officers of the
      Registrant.


(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 Capital America (the “Sponsor” and “Servicer”), Hyundai
ABS Funding Corporation (the “Depositor”), Citibank, N.A. (the “Indenture
Trustee”) or Hyundai Auto Receivables Trust 2009-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
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 independent 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
Servicer has been identified by the registrant as a servicer with respect to the
asset pool held by the Issuing Entity.  The Servicer has completed a
statement of compliance with applicable servicing agreement (a “Compliance
Statement”) signed by an authorized officer of the Servicer. 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
      29, 2010
            HYUNDAI
      ABS FUNDING CORPORATION








By: /s/MIN SOK RANDY PARK


Name: Min
Sok Randy Park


Title:  Vice
President and Secretary


(senior
officer in charge of securitization of the 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
            Second Amended and Restated Trust
      Agreement, dated as of September 11, 2009, by and betweenHyundai
      ABS Funding Corporation, as
      depositor, Wilmington Trust Company, as owner trustee, andHyundai
      Capital America, as
      administrator (incorporated by reference to Exhibit 4.1 of Form 8-K, filed
      with theSecurities and Exchange Commission on September 14, 2009,File
      No. 333-144832-03)4.2
            Indenture, dated as of September
      11, 2009, 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 September 14, 2009,File No. 333-144832-03)10.1
            Receivables Purchase Agreement,
      dated as of September 11, 2009, by and betweenHyundai Capital
      America, as seller
      andHyundai ABS Funding Corporation, as depositor (incorporated by
      reference to Exhibit 10.1 of Form 8-K, filed with theSecurities
      and Exchange Commissionon
      September 14, 2009,File No. 333-144832-03)10.2
            Sale and Servicing Agreement,
      dated as of September 11, 2009, by and among the Issuing Entity, as
      issuer,Hyundai ABS Funding Corporation, as depositor,Hyundai
      Capital America, as seller
      and servicer and the Indenture Trustee (incorporated by reference to
      Exhibit 10.2 of Form 8-K, filed with theSecurities and Exchange
      Commissionon September 14,
      2009,File No. 333-144832-03)10.3
            Owner Trust Administration
      Agreement, dated as of September 11, 2009, by and among the Issuing
      Entity, as issuer,Hyundai Capital America, as administrator, and the
      Indenture Trustee (incorporated by reference to Exhibit 10.3 of Form 8-K,
      filed with theSecurities and Exchange Commissionon September 14, 2009,File No. 333-144832-03)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 Capital
      America)33.2
            Management’s
      Assertion of Compliance (Citibank, N.A.)34.1
            Attestation
      Report of KPMG LLP on Management’s Assertion of Compliance with Regulation
      AB Criteria relating to Hyundai Capital America34.2
            Attestation
      Report of KPMG LLP on Management’s Assertion of Compliance relating to
      Citibank, N.A.35.1
            Annual
      Servicer’s Compliance Certificate