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Fitch Affirms Hyundai Auto Receivables Trust 2007-A


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NEW YORK--Fitch Ratings has affirmed all classes of asset-backed notes from Hyundai Auto Receivables Trust (HART) 2007-A, as follows:

--Class A-2a at 'AAA';

--Class A-2b at 'AAA';

--Class A-3a at 'AAA';

--Class A-3b at 'AAA';

--Class A-4 at 'AAA'.

The collateral continues to perform within Fitch's expectations, and under the credit enhancement structure, the securities can withstand stress scenarios consistent with the ratings and still make full payments to investors in accordance with the terms of the documents.

As before, the ratings reflect the quality of Hyundai Motor Finance Company retail auto loan originations, the sound financial and legal structure of the transaction, and the strength of servicing provided by Hyundai Motor Finance Company.

Fitch's rating definitions and the terms of use of such ratings are available on the agency's public site, www.fitchratings.com. Published ratings, criteria and methodologies are available from this site, at all times. Fitch's code of conduct, confidentiality, conflicts of interest, affiliate firewall, compliance and other relevant policies and procedures are also available from the 'Code of Conduct' section of this site.