UNITED STATES

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):

March 5, 2018

WORLD OMNI AUTO RECEIVABLES TRUST 2017-B

(Issuing Entity with respect to Securities)

(Central Index Key Number: 0001710330)

WORLD OMNI FINANCIAL CORP.

(Sponsor with respect to Securities)

(Central Index Key Number: 0001004150)

WORLD OMNI AUTO RECEIVABLES LLC

(Depositor with respect to Securities)

(Central Index Key Number: 0001083199)

Delaware

(State or other jurisdiction of incorporation or organization)

333-207756-04

(Commission File Number)

52-2184798

(Depositor’s I.R.S. Employer Identification No.)

6189

(Primary Standard Industrial Classification Code Number)

190 Jim Moran Blvd.

Deerfield Beach, FL 33442

(Address of principal executive offices of depositor, including Zip Code)

Depositor’s telephone number, including area code: (954) 429-2200

Former name or former address, if changed since last report: Not applicable

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the depositor under any of the following provisions:

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (§230.405 of this chapter) or Rule 12b-2 of the Exchange Act (§240.12b-2 of this chapter).

Emerging growth company  ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

On March 5, 2018, World Omni Auto Receivables Trust 2017-B (the “Issuing Entity”), World Omni Auto Receivables LLC (the “Depositor”) and World Omni Financial Corp. (the “Servicer”) entered into Amendment No. 1 to Sale and Servicing Agreement (the “SSA Amendment”). The SSA Amendment amends the Sale and Servicing Agreement, dated as of August 2, 2017 (the “Sale and Servicing Agreement”), among the Issuing Entity, the Depositor and the Servicer (filed as Exhibit 4.1 to the registrant’s Form 8-K dated and filed on August 2, 2017, Commission File No. 333-207756), to amend the Overcollateralization Target Amount from 4.50% (as stated in the Sale and Servicing Agreement prior to the SSA Amendment) to 2.05% (as disclosed in the prospectus dated July 25, 2017, related to the issuance of the World Omni Auto Receivables Trust 2017-B Asset Backed Notes, and filed with the SEC on July 27, 2017, Commission File No. 333-207756).

INDEX OF EXHIBITS

SIGNATURE

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