SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                       -----------------------------------

                                    FORM 8-K

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

      Date of report (Date of earliest event reported)    August 9, 2004
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                         Hyundai ABS Funding Corporation
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                   as Depositor to the Issuer described herein
               (Exact Name of Registrant as Specified in Charter)

             Delaware                 333-108545                 33-0978453
             --------                 ----------                 ----------
(State or Other Jurisdiction of      (Commission              (I.R.S. Employer
        Incorporation)               File Number)            Identification No.)


10550 Talbert Avenue, Fountain Valley, California                  92708
- -------------------------------------------------                  -----
     (Address of Principal Executive Offices)                    (Zip Code)


Registrant's telephone number including area code              (714) 594-1579


Former Name or Former Address, if Changed Since Last Report    Not Applicable







                    INFORMATION TO BE INCLUDED IN THE REPORT

Item 5. Other Events.

        Hyundai ABS Funding Corporation (the "Registrant") is hereby filing
the servicer report (the "Servicer Report") which Hyundai Motor Finance Company
("HMFC") is required to file pursuant to Section 4.09 of the Sale and Servicing
Agreement, dated as of November 7, 2003, among the Issuer, the Registrant, HMFC
and Wells Fargo Bank Minnesota, National Association, as indenture trustee. The
Servicer Report filed hereby covers the period from July 1, 2004 to July 31,
2004.


Item 7. Financial Statements and Exhibits.

        (c)    Exhibits

               Exhibit No.       Exhibit
               -----------       -------
                       20       July 2004 Servicer Report






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                                    SIGNATURE


Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


Dated:  August 16, 2004                    HYUNDAI ABS FUNDING CORPORATION


                                           By: /s/ David A. Hoeller
                                               ------------------------------
                                           Name:  David A. Hoeller
                                           Title: Vice President & Secretary




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                                  EXHIBIT INDEX

              Exhibit No.       Exhibit
              -----------       -------
                       20       July 2004 Servicer Report






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