##### 



UNITED STATES SECURITIES AND EXCHANGE COMMISSION
 WASHINGTON, D.C. 20549
 
 FORM 10-K
 þ
    
    ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the fiscal year ended December 31, 2006
 o
    
    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF
1934
 For transition period from  to
 Commission File Number of Issuing Entity 333-134931-01
 Hyundai Auto Receivables Trust 2006-B
   Hyundai ABS Funding Corporation
  Hyundai Motor Finance Company
  Delaware
(State or Other Jurisdiction of 
Incorporation of the Issuing Entity)
    
    33-0978453
(I.R.S. Employer Identification No.)c/o 10550 Talbert Avenue, Fountain Valley, California
(Address of Principal Executive Offices)
    
    92708
(Zip Code)Depositors telephone number including area code
    
    (714) 594-1579Securities registered pursuant to Section 12(b) of the Act:
    
    NoneSecurities registered pursuant to Section 12(g) of the Act:
    
    None
 o þ
 o þ
 þ o
 þ
  o o þ
 o þ
 None




---



##### 



PART I
 The following Items have been omitted in accordance with General Instruction J to Form 10-K
 
  
  
  
  
  
 Item 1B. Unresolved Staff Comments
  Substitute information provided in accordance with General Instruction J to Form 10-K
 
 Item 1112(b) of Regulation AB. Significant obligors of pool assets (Financial Information):
  
 Item 1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, Except for Certain
Derivatives Instruments (Financial Information).
  
 Item 1115(b) of Regulation AB. Certain Derivatives Instruments (Financial Information).
  
 Item 1117 of Regulation AB. Legal Proceedings.
  The following Items have been omitted in accordance with General Instruction J to Form 10-K:




---



##### 



Item 9B. Other Information
  PART III
 The following Items have been omitted in accordance with General Instruction J to Form 10-K:
      Substitute information provided in accordance with General Instruction J to Form 10-K:
 Item 1119 of Regulation AB. Affiliations and Certain Relationships and Related Transactions.




---



##### 



Item 1122 of Regulation AB. Compliance with Applicable Servicing Criteria
 Form 10-K.
  Item 1123 of Regulation AB. Servicer Compliance Statement.
  Item 15. Exhibits.




---



##### 



SIGNATURE
  Dated:  March 30, 2007
    HYUNDAI AUTO RECEIVABLES TRUST 2006-B 
By: Hyundai ABS Funding Corporation, as DepositorBy:
    /s/                MIN SOK RANDY PARKName:
    Min Sok Randy ParkTitle:
    Vice President and Secretary




---



##### 



EXHIBIT INDEX
  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 and
filed with the Securities and Exchange Commission on July 30, 2004 (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 and filed with the Securities and Exchange Commission on
July 30, 2004 (No. 333-117398))4.1
    
    Amended and Restated Trust Agreement, dated as of November 3, 2006, by
and between HAFC, as depositor, the Owner Trustee and HMFC, as
administrator (incorporated by reference to Exhibit 4.1 of Form 8-K,
dated November 3, 2006, File No. 333-134931)4.2
    
    Indenture, dated as of November 3, 2006, by and between the Trust, as
issuer, and the Indenture Trustee (incorporated by reference to Exhibit
4.2 of Form 8-K, dated November 3, 2006, File No. 333-134931)10.1
    
    Receivables Purchase Agreement, dated as of November 3, 2006, by and
between HMFC, as seller and HAFC, as depositor (incorporated by
reference to Exhibit 10.1 of Form 8-K, dated November 3, 2006, File No.
333-134931)10.2
    
    Sale and Servicing Agreement, dated as of November 3, 2006, by and
among the Trust, as issuer, HAFC, as depositor, HMFC, as seller and
servicer and the Indenture Trustee (incorporated by reference to
Exhibit 10.2 of Form 8-K, dated November 3, 2006, File No. 333-134931)10.3
    
    Owner Trust Administration Agreement, dated as of November 3, 2006, by
and among the Trust, as issuer, HMFC, as administrator and the
Indenture Trustee (incorporated by reference to Exhibit 10.3 of Form
8-K, dated November 3, 2006, File No. 333-134931)31.1
    
    Certification of senior officer in charge of the servicing function of
the servicer pursuant to Section 302 of the Sarbanes-Oxley Act of 200233.1
    
    Managements Assertion of Compliance with Regulation AB (Hyundai Motor
Finance Company)33.2
    
    Managements Assertion of Compliance with Regulation AB (Citibank, N.A.)34.1
    
    Report of Independent Registered Public Accounting Firm (KPMG LLP, on
behalf of Hyundai Motor Finance Company)




---



##### 



Exhibit No.34.2
    
    Report of Independent Registered Public Accounting Firm (KPMG LLP, on
behalf of Citibank, N.A.)35.1
    
    Servicer Compliance Statement of Hyundai Motor Finance Company