Aside from Ally Bank's auto deal, Hyundai Capital America (HCA) is in the market with a $1 billion prime auto loan ABS called Hyundai Auto Receivables Trust (HART) 2011-B.

The deal is backed by prime-quality retail installment auto loan contracts originated by HCA, according to a presale report from Moody's Investors Service, which rated the offering along with Standard & Poor's. 

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