Thu, Mar 13, 7:38 PM (44 days ago)
Hyundai Auto Receivables Trust 2022-B (HYUNDAI) filed its annual report for the fiscal year ended December 31, 2024. The report highlights the financial condition and operations of the trust, which is backed by auto loans and leases. Key points include: - **Financial Performance**: The report does not provide specific financial metrics such as revenue, net income, or earnings per share, as these items have been omitted. - **Operating Expenses**: No details on operating expenses are provided. - **Strategic Overview**: The trust is managed by Hyundai Capital America, with Citibank, N.A. serving as the Indenture Trustee. The trust focuses on managing auto receivables, with a strong emphasis on compliance and servicing criteria. - **Future Outlook**: The report does not provide a specific future outlook, but the trust's management and compliance assessments indicate a focus on maintaining strong financial health and operational efficiency. - **Risk Factors**: Specific risk factors are not detailed in the summary, as this section has been omitted. - **Financial Condition**: The trust's financial condition is supported by a robust servicing framework and compliance with regulatory requirements. - **Market Position**: The trust's market position is not explicitly detailed, but its association with Hyundai Capital America and Citibank suggests a strong backing and operational support. - **Changes**: No significant changes in market position or financial condition are noted. The report includes various exhibits and certifications, ensuring compliance with regulatory requirements and internal controls. The trust's management has provided assessments and attestations to support its financial health and operational integrity.