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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549



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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, 2006



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

333-117810-03

(Commission file number)

WORLD OMNI AUTO RECEIVABLES TRUST 2006-A

(Exact name of issuing entity as specified in its charter)

WORLD OMNI AUTO RECEIVABLES LLC

(Exact name of depositor as specified in its charter)

WORLD OMNI FINANCIAL CORP.

(Exact name of sponsor as specified in its charter)

Delaware

(State or other
jurisdiction of incorporation or organization)

52-2184798

(I.R.S. Employer Identification No.)

190 Jim Moran Boulevard

Deerfield Beach, FL 33442

(Address of principal executive offices)

Registrant's telephone number, including area code: (954) 429-2000

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

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 ̈No x

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 ̈No x





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|                                                                                                                                                                                                                                                                                                                                                                                                                        |  | 
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | 
|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.
                                        Yes
 x             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.                                       
                      x

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



|                         |  |                    |  |                        
|------------------------ |  | ------------------ |  | -----------------------
|Large accelerated filer ̈ |  | Accelerated filer ̈ |  | Non-accelerated filer x



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

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 share 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 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



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World Omni Auto Receivables Trust 2006-A

PART I

Item 1. Business.

Not Applicable.

Item 1A. Risk Factors.

Not Applicable.

Item 1B.
Unresolved Staff Comments.

Not Applicable.

Item 2. Properties.

Not Applicable.

Item 3. Legal Proceedings.

Not Applicable.

Item 4. Submission of Matters to a Vote of Security Holders.

Not Applicable.

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).

No single obligor represents more than 10% of the pool assets held by World Omni Auto Receivables Trust 2006-A (the Trust).

ITEM 1114(B)(2) OF REGULATION AB. CREDIT ENHANCEMENT AND OTHER SUPPORT, EXCEPT FOR CERTAIN DERIVATIVES INSTRUMENTS (INFORMATION REGARDING SIGNIFICANT ENHANCEMENT PROVIDERS).

No entity or group of affiliated entities provides any external credit enhancement or other support with respect to either payment on the pool assets held by the Trust
or payments on the notes (the Notes) or certificates (the Certificates) issued by the Trust.

ITEM 1115(B) OF REGULATION AB.
CERTAIN DERIVATIVES INSTRUMENTS (FINANCIAL INFORMATION).

No entity or group of affiliated entities provides any derivative instruments that are used to
alter the payment characteristics of the cash flows from the Trust.

ITEM 1117 OF REGULATION AB. LEGAL PROCEEDINGS.

No legal proceedings are pending against any of World Omni Financial Corp. (the Sponsor), World Omni Auto Receivables LLC (the Depositor), The
Bank of New York (the "Indenture



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Trustee) or the Trust, nor is any property of any of the foregoing entities subject to any such proceedings, that are or would be material to holders
of the Notes or the Certificates.

PART II

Item 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.

Not applicable.

Item 6. Selected Financial Data.

Not applicable.

Item 7. Managements
Discussion and Analysis of Financial Condition and Results of Operation.

Not applicable.

Item 7A. Quantitative and Qualitative Disclosures About Market Risk.

Not applicable.

Item 8. Financial Statements and Supplementary Data.

Not applicable.

Item 9. Changes In and
Disagreements With Accountants on Accounting and Financial Disclosure.

Not applicable.

Item 9A. Controls and Procedures.

Not
applicable.

Item 9B. Other Information.

Not applicable.

PART III

Item 10. Directors, Executive Officers and Corporate Governance.

Not applicable because there are no directors or
executive officers of the Registrant.

Item 11. Executive Compensation.

Not applicable.

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

Not Applicable.

Item 13. Certain Relationships and Related Transactions, and Director Independence.

Not applicable.





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Item 14. Principal Accounting Fees and Services.

Not applicable.

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.

The Sponsor is the originator, as contemplated by Item 1110 of Regulation AB, of all of the pool assets owned by the Trust. The Sponsor is also the
primary servicer. The Depositor is a wholly-owned subsidiary of the Sponsor and, therefore, a wholly-owned subsidiary of the originator and the primary servicer. Through its purchase of the Certificates, the Depositor has acquired a 100% ownership
interest in the Trust; therefore, the Trust is an affiliated party of the Depositor and, indirectly, of the Sponsor (including in its role as originator and primary servicer).

The Indenture Trustee is not affiliated with any of the Sponsor (including in its role as originator and primary servicer), the Depositor or the Trust.

There are no significant obligors, external enhancement or support providers, or other material parties related to the Notes or Certificates.

In addition, there are no business relationships, agreements, arrangements, transactions or understandings outside the ordinary course of business or on terms other than would be obtained in an arm's length
transaction with an unrelated party, apart from the transaction involving the issuance of the Notes and Certificates by the Trust, between the Sponsor, the Depositor or the Trust and any of the parties mentioned in this Item.

ITEM 1122 OF REGULATION AB. COMPLIANCE WITH APPLICABLE SERVICING CRITERIA.

The Sponsor (in its role as servicer) and the Indenture Trustee (collectively, 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 Trust. Each of the Servicing Parties has completed a report on an assessment of compliance with the servicing criteria applicable to it under Item 1122 of Regulation AB (each, a Servicing Report), which Servicing Reports
are attached as exhibits to this Form 10-K. In addition, each of the Servicing Parties 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. Neither of the Servicing Reports prepared by the Servicing Parties, or the corresponding 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 Trust. The Sponsor has completed a statement of compliance (a Compliance
Statement), signed by an authorized officer of the Sponsor. The Compliance Statement is attached as an exhibit to this Form 10-K.





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PART IV

Item 15. Exhibits, Financial Statement Schedules.

(a)(1) Not applicable.

(a)(2) Not applicable.

(a)(3) The following
documents are included as part of, or incorporated by reference to, this annual report:



|            |  |                                                                                                                                                                                                                       
|----------- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|Exhibit No.
|            | 
|3.1         |  | Trust Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 4.3 to the Registrants Current Report on Form 8-K filed with the Commission
on March 7, 2006.                
|            | 
|4.1         |  | Sale and Servicing Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 4.1 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006.   
|            | 
|4.2         |  | Indenture, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 4.2 to the Registrants Current Report on Form 8-K filed with the Commission on March 7,
2006.                      
|            | 
|10.1        |  | Underwriting Agreement, dated as of February 22, 2006, relating to the Trust. Incorporated by reference to Exhibit 1.1 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006.     
|            | 
|10.2        |  | Receivables Purchase Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 99.1 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006.
|            | 
|10.3        |  | Administration Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 99.2 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006.      
|            | 
|31.1        |  | Rule 13a-14(d)/15d-14(d) Certification.                                                                                                                                                                               
|            | 
|33.1        |  | Report on Assessment of Compliance with Applicable Servicing Criteria of World Omni Financial Corp., as Servicer.                                                                                                     
|            | 
|33.2        |  | Assertion of Compliance with Applicable Servicing Criteria of The Bank of New York, as Indenture Trustee.                                                                                                             
|            | 
|34.1        |  | Report of Independent Registered Certified Public Accounting Firm of PricewaterhouseCoopers LLP, on behalf of World Omni Financial Corp.                                                                              
|            | 
|34.2        |  | Report of Independent Registered Certified Public Accounting Firm of Ernst & Young LLP, on behalf of The Bank of New York.                                                                                            
|            | 
|35.1        |  | Servicer Compliance Statement of World Omni Financial Corp., as Servicer.                                                                                                                                             





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SIGNATURES

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, thereunto duly authorized.



|                     |  |  |  |                                                                    |  |                                                                                                                                                                     |  | 
|-------------------- |  |  |  | ------------------------------------------------------------------ |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | 
|                     |  |  |  | World Omni Auto Receivables Trust 2006-A                          
|                     |  | 
|                     |  |  |  | By: World Omni Financial Corp., as Servicer
on behalf of the Trust
|                     |  |  | 
|Date: March 30, 2007 |  |  |  | By:                                                                |  | /s/ Oney A. Hervey                                                                                                                                                 
|                     |  |  |  |                                                                    |  | Oney A. Hervey Vice President and General
Manager (Senior officer in charge of the servicing function) World Omni Financial Corp. (Servicer on behalf of the Trust)



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EXHIBIT INDEX



|     |  |                                                                                                                                                                                                                       
|---- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|     | 
|3.1  |  | Trust Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 4.3 to the Registrants Current Report on Form 8-K filed with the Commission on
March 7, 2006.                
|     | 
|4.1  |  | Sale and Servicing Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 4.1 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006.   
|     | 
|4.2  |  | Indenture, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 4.2 to the Registrants Current Report on Form 8-K filed with the Commission on March 7,
2006.                      
|     | 
|10.1 |  | Underwriting Agreement, dated as of February 22, 2006, relating to the Trust. Incorporated by reference to Exhibit 1.1 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006.     
|     | 
|10.2 |  | Receivables Purchase Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 99.1 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006.
|     | 
|10.3 |  | Administration Agreement, dated as of March 1, 2006, relating to the Trust. Incorporated by reference to Exhibit 99.2 to the Registrants Current Report on Form 8-K filed with the
Commission on March 7, 2006       
|     | 
|31.1 |  | Rule 13a-14(d)/15d-14(d) Certification.                                                                                                                                                                               
|     | 
|33.1 |  | Report on Assessment of Compliance with Applicable Servicing Criteria of World Omni Financial Corp., as Servicer.                                                                                                     
|     | 
|33.2 |  | Assertion of Compliance with Applicable Servicing Criteria of The Bank of New York, as Indenture Trustee.                                                                                                             
|     | 
|34.1 |  | Report of Independent Registered Certified Public Accounting Firm of PricewaterhouseCoopers LLP, on behalf of World Omni Financial Corp.                                                                              
|     | 
|34.2 |  | Report of Independent Registered Certified Public Accounting Firm of Ernst & Young LLP, on behalf of The Bank of New York.                                                                                            
|     | 
|35.1 |  | Servicer Compliance Statement of World Omni Financial Corp., as Servicer.