CHICAGO--March 6, 2006--Fitch Ratings has issued a presale report on Hyundai Auto Receivables Trust discussing the rating analysis behind Fitch's expected 'F1+' rating on the class A-1 notes; 'AAA' on the class A-2, A-3 and A-4 notes,; 'AA+' on the class B notes; 'A' on the class C notes; and 'BBB' on the class D notes. The securities are backed by a pool of retail installment sales contracts secured by new and used automobiles.

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