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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K
/ X / ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED DECEMBER 31, 1996
OR
TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
FOR THE TRANSITION PERIOD FROM _________ TO _________
COMMISSION FILE NUMBER 333-07981
NORWEST AUTO RECEIVABLES CORPORATION
NORWEST AUTO TRUST 1996-A
A DELAWARE CORPORATION--I.R.S. NO. 51-0378359
NORWEST CENTER
SIXTH AND MARQUETTE
MINNEAPOLIS, MINNESOTA 55479-1026
TELEPHONE: (612) 667-8655
No securities are registered pursuant to Section 12(b) of the Act.
No securities are registered pursuant to Section 12(g) of the Act.
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days. Yes X No
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Indicate by check mark if disclosure of delinquent filers pursuant to
Item 405 of Regulation S-K is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-K or any amendment to this Form 10-K. Not applicable.
Aggregate market value of voting stock held by non-affiliates of the
registrant as of December 31, 1996: Not applicable.
Number of shares of common stock outstanding as of December 31, 1996:
Not applicable.
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PART I
ITEM 1. BUSINESS
Omitted.
ITEM 2. PROPERTIES
See Item 14(a), Exhibit 99.3 incorporated herein by reference for
information provided with respect to the Norwest Auto Trust 1996-A (the
"Trust") in lieu of information required by Item 102 of Regulation S-K.
ITEM 3. LEGAL PROCEEDINGS
The registrant knows of no material pending legal proceedings with
respect to the Trust.
ITEM 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS
No matters were submitted to a vote of holders of equity interest during
the period covered by this report through the solicitation of proxies or
otherwise.
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PART II
ITEM 5. MARKET FOR THE REGISTRANT'S COMMON EQUITY AND RELATED STOCKHOLDER
MATTERS
(a) No established trading market exists for Certificates issued
by the Trust.
(b) As of December 31, 1996, the number of holders of Certificates
was 6.
(c) Omitted.
ITEM 6. SELECTED FINANCIAL DATA
Omitted.
ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS
Omitted.
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
See Item 14(a), Exhibits 99.2 and 99.3 incorporated herein by
reference, in lieu of the information required by Item 8.
ITEM 9. CHANGES IN AND DISAGREEMENT WITH ACCOUNTANTS ON ACCOUNTING AND
FINANCIAL DISCLOSURE
None.
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PART III
ITEM 10. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT
Omitted.
ITEM 11. EXECUTIVE COMPENSATION
Omitted.
ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
Omitted.
ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS
Omitted.
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PART IV
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
(a) Exhibits
The following exhibits are or will be provided.
99.1 Annual Report of Independent Public Accountants' as to
servicing activities.
(a) Norwest Bank Minnesota, N.A., as servicer (1)
99.2 Report of Management as to servicing compliance.
(a) Norwest Bank Minnesota, N.A. as servicer (1)
99.3 Annual Statement of Compliance with obligations under the
Pooling and Servicing Agreement of:
(a) Norwest Bank Minnesota, N.A., as servicer (1)
(b) On November 21, 1996, a report on Form 8-K was filed in order to
place on file with the Securities and Exchange Commission, among
other documents, the final forms of the Trust Agreement between
Reporting Person, as depositor, and Wilmington Trust Company, as
trustee, relating to the Norwest Auto Trust 1996-A, and the Sale
and Servicing Agreement dated as of November 13, 1996 among
Registrant, Norwest Bank Minnesota, N.A., as servicer, Norwest
Corporation, Wilmington Trust Company, as trustee, and The Chase
Manhattan Bank, as indenture trustee, dated as of November 13,
1996.
(c) Not applicable.
(d) Omitted.
_________________
(1) Such document (i) is not filed herewith since such document was not
received by the Reporting Person at least three business days prior to
the due date of this report; and (ii) will be included in an amendment
to this report on Form 10-K/A to be filed within 30 days of the
Reporting Person's receipt of such document.
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SIGNATURES
Pursuant to the requirements of Section 13 and 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
Norwest Auto Receivables Corporation
(Registrant)
By /s/ Jerome W. Fons III
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VICE PRESIDENT
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO
SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED
SECURITIES PURSUANT TO SECTION 12 OF THE ACT.
(a)(1) No annual report is provided to the Certificateholders
other than with respect to aggregate principal and interest
distributions.
(b)(1) No proxy statement, form of proxy or other proxy soliciting
material has been sent to any Certificate holder with
respect to any annual or other meeting of Certificateholders.
