HSBC Automotive Trust 2005-2
Not Applicable.
Not Applicable.
None.
Not Applicable.
The Master Servicer is not aware of any material pending legal proceedings involving either the Registrant, the Indenture Trustee, The Bank of New York, as owner trustee, The Bank of New York (Delaware) as Delaware trustee, the Seller, the Administrator or the Master Servicer with respect to the Notes or the Registrant's property.
PART II
To the best knowledge of the Master Servicer, there is no established public trading market for the Notes.  Each class of the Issuer's Notes that is publicly offered in the United States is represented by one or more notes registered in the name of Cede & Co. ("Cede"), the nominee of The Depository Trust Company ("DTC").
Not Applicable.
Not Applicable.
Not Applicable.
Not Applicable.
None.
Not Applicable.
Not Applicable.   PART III
Not Applicable.
Not Applicable.
Each class of the Issuer's Notes that is publicly offered in the United States is represented by one or more notes registered in the name of Cede, the nominee of DTC, and an investor holding an interest in such classes of notes is not entitled to receive a note representing such interest except in limited circumstances set forth in the indenture.  Accordingly, Cede is the sole holder of record of such notes, which it holds on behalf of brokers, dealers, banks and other direct participants in the DTC system.  Such direct participants may hold notes for their own accounts or for the accounts of their customers.  The name and address of Cede is Cede & Co., c/o The Depository Trust Company, 55 Water Street, New York, New York  10041.  The Master Servicer is not aware of any Schedules 13D or 13G filed with the Securities and Exchange Commission in respect of the Notes.
Not Applicable.
Not Applicable.      PART IV
(a) (1) Financial Statements  Not Applicable.  (a) (2) Financial Statement Schedules  Not Applicable.  (a) (3)  The Master Servicer is obligated to prepare an Annual Statement to Noteholders for the year ended December 31, 2005, and Independent Registered Public Accountants are required to prepare an Annual Servicing Report pertaining to the compliance of the Master Servicer with its servicing obligations pursuant to the Sale and Servicing Agreement.  Copies of said documents are filed as exhibits to this Form 10-K.   (b) The exhibits required by Item 601 of Regulation S-K (Section 229.601):       Exhibit 99(a)  Annual Statement to Noteholders for the year ended December 31, 2005   Exhibit 99(b)  Independent Registered Public Accountants' Report dated March 1, 2006   Exhibit 99(c)    Annual Certificate as to Compliance dated March 1, 2006      (c)  The financial statement schedules required by Regulation S-X (17 CFR 210) which are excluded from the annual report to the shareholders by Rule 14a-3(b).  Not Applicable.           SIGNATURES      Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Master Servicer has duly Caused this report to be signed on behalf of the HSBC Automotive Trust 2005-2 by the undersigned, thereunto duly authorized.       HSBC FINANCE CORPORATION,  as Master Servicer of and on behalf of the HSBC AUTOMOTIVE TRUST  2005-2  (Registrant)       By: /s/ Dennis J. Mickey Dennis J. Mickey Vice President and Assistant Treasurer    Dated:  March 29, 2006     Certification  I, Dennis J. Mickey, certify that:   I have reviewed this annual report on Form 10-K, and all reports on Form 8-K containing distribution or servicing reports filed in respect of periods included in the year covered by this annual report, of HSBC Automotive Trust 2005-2; Based on my knowledge, the information in these reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by this annual report; Based on my knowledge, the distribution or servicing information required to be provided to the indenture trustee and the administrator by the servicer under the sale and servicing, agreement for inclusion in these reports is included in these reports; I am responsible for reviewing the activities performed by the servicer under the sale and servicing agreement and based upon my knowledge and the annual compliance review required under that agreement, and except as disclosed in the reports, the servicer has fulfilled its obligations under that agreement; and The reports disclose all significant deficiencies relating to the servicer's compliance with the minimum servicing standards based upon the report provided by an independent registered public accounting firm, after conducting a review of such standards performed in accordance with certain agreed upon procedures, as set forth in the sale and servicing agreement, or similar, that is included in these reports.  In giving the certifications above, I have reasonably relied on information provided to me by the following unaffiliated parties: U.S. Bank National Association and The Depository Trust Company.     Date:  March 29, 2006   /s/ Dennis J. Mickey Dennis J. Mickey Vice President and Assistant Treasurer                Exhibit Index      Exhibit No.  Exhibit        Exhibit 99(a)  Annual Statement to Noteholders for the year ended December 31, 2005   Exhibit 99(b)  Independent Registered Public Accountants' Report dated March 1, 2006   Exhibit 99(c)  Annual Certificate as to Compliance dated March 1, 2006         EX-99 2 x99a.htm    HSBC Finance Corporation       Exhibit 99(a)   HSBC Finance Corporation HSBC Automotive Trust 2005-2           Original Principal Class A       Class A-1  283,300,000    Class A-2  241,500,000    Class A-3  291,200,000    Class A-4  128,640,000        Number of Class A Bonds (000's)       Class A-1  283,300    Class A-2  241,500    Class A-3  291,200    Class A-4  128,640          Distribution Date   2005 Total   Days          CLASS A     Class A-1  Principal Distribution   208,171,174.30   Class A-1  Interest Distribution   3,115,691.25       Class A-2  Principal Distribution   0.00   Class A-2  Interest Distribution    3,906,933.33       Class A-3  Principal Distribution   0.00   Class A-3  Interest Distribution   4,948,782.21       Class A-4  Principal Distribution   0.00   Class A-4  Interest Distribution    2,276,213.33        EX-99 3 x99b.htm      Exhibit 99(b) Independent Accountants' Report The Board of Directors HSBC Finance Corporation: We have examined management's assertion that the servicing of consumer automobile finance receivables owned by HSBC Automotive Trust 2005-2 (the receivables) has been conducted by HSBC Finance Corporation, successor by merger to Household Finance Corporation, as Master Servicer, in compliance with the terms and conditions as set forth in Articles IV and V of the Master Sale and Servicing Agreement dated July 27, 2005 (the Agreement), as supplemented, as of December 31, 2005 and for the period July 27, 2005 to December 31, 2005. HSBC Finance Corporation's management is responsible for the assertion.  Our responsibility is to express an opinion on management's assertion based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence supporting that the servicing of receivables has been conducted in compliance with the terms and conditions as set forth in Articles IV and V of the Agreement, as supplemented, and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. In our opinion, management's assertion that the servicing of the receivables has been conducted by HSBC Finance Corporation, successor by merger to Household Finance Corporation, as Master Servicer, in compliance with the terms and conditions as set forth in Articles IV and V of the Master Sale and Servicing Agreement dated July 27, 2005, as supplemented, as of December 31, 2005 and for the period July 27, 2005 to December 31, 2005 is fairly stated, in all material respects. This report is intended solely for the information and use of the addressee and is not intended to be and should not be used by anyone other than this specified party. /s/ KPMG LLP March 1, 2006    Management Assertion    As of December 31, 2005 and for the period July 27, 2005 to December 31, 2005, the servicing of consumer automobile finance receivables owned by HSBC Automotive Trust 2005-2 has been conducted by HSBC Finance Corporation, as successor by merger to Household Finance Corporation, as Master Servicer, in compliance with the terms and conditions as set forth in Articles IV and V of the Master Sale and Servicing Agreement dated July 27, 2005, as supplemented.      /s/ Joyce Bevacqua Joyce Bevacqua Servicing Officer HSBC Finance Corporation   March 1, 2006 Date        /s/ Lee Whatcott Lee Whatcott Chief Financial Officer HSBC Finance Corporation - Auto Finance   March 1, 2006 Date  /s/ Craig Peters Craig Peters Group Director - Asset Management - HSBC Finance Corporation - Auto Finance   March 1, 2006 Date         EX-99 4 x99c.htm     Certificate as to Compliance   Exhibit 99(c) ANNUAL STATEMENT AS TO COMPLIANCE  HSBC FINANCE CORPORATION  HSBC AUTO RECEIVABLES CORPORATION   HSBC AUTOMOTIVE TRUST 2005-2       I, Joyce A. Bevacqua, Servicing Officer of HSBC Finance Corporation (the "Master Servicer"), DO HEREBY CERTIFY, in accordance with Section 4.10 of the Master Sale and Servicing Agreement dated as of July 27, 2005 among HSBC Automotive Trust 2005-2, as Issuer, HSBC Auto Receivables Corporation, as Seller, the Master Servicer, U.S. Bank, National Association, as Indenture Trustee, and HSBC Bank USA, National Association, as Administrator, (the "Agreement") that:     1.  A review of the activities of the Master Servicer from July 27 through December 31, 2005 and of its performance under the Agreement has been made under my supervision; and    2.  To the best of my knowledge, based on my review, the Master Servicer has fulfilled all of its material obligations under the Agreement throughout the period referred to above. Based on such review, the Master Servicer has, to the best of my knowledge, performed in all material respects its obligations under the Agreement throughout such period and no default in the performance of such obligations has occurred or is continuing except as set forth below.      NONE    IN WITNESS WHEREOF, I have signed this certificate this 1st day of March, 2006.    HSBC Finance Corporation, as Master Servicer  /s/ J. A. Bevacqua J. A. Bevacqua Servicing Officer     ANNUAL STATEMENT AS TO COMPLIANCE  HSBC FINANCE CORPORATION  HSBC AUTO RECEIVABLES CORPORATION  HSBC AUTOMOTIVE TRUST 2005-2       I, Joyce A. Bevacqua, Servicing Officer of HSBC Finance Corporation, as Master Servicer, DO HEREBY CERTIFY, in accordance with Section 3.9 of the Indenture dated as of July 27, 2005 (the "Indenture") among HSBC Automotive Trust 2005-2, (the "Issuer") U.S. Bank, National Association, as Indenture Trustee, and HSBC Bank USA, National Association, as Administrator, that:     1.  A review of the activities of the Issuer from July 27 through December 31, 2005 and of its performance under the Indenture has been made under my supervision; and    2.   To the best of my knowledge, based on my review, the Issuer has complied with all conditions and covenants under the Indenture and the related Series Supplement throughout the period referred to above.   Based on such review, the Issuer has, to the best of my knowledge, performed in all material respects its obligations under the Indenture throughout such period and no default in the performance of such obligations has occurred or is continuing except as set forth below.      NONE    IN WITNESS WHEREOF, I have signed this certificate this 1st day of March, 2006.    HSBC Finance Corporation, as Master Servicer  /s/ J. A. Bevacqua J. A. Bevacqua Servicing Officer      -----END PRIVACY-ENHANCED MESSAGE-----