CHASE MANHATTAN AUTO OWNER TRUST 1997-A
8-K, 1998-01-22
ASSET-BACKED SECURITIES
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                       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: January 22, 1998
                       -----------------------------------

                 CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION
         --------------------------------------------------------------
                  (Originator of the Trust referred to herein)
             (Exact name of registrant as specified in its charter)


                     CHASE MANHATTAN AUTO OWNER TRUST 1997-A
                  --------------------------------------------
                      (Issuer with respect to Certificates)


       Delaware              333-7575                13-2633612
      ---------------     -----------------       ------------------
      (State or other      (Commission             (IRS Employer
      jurisdiction of      File Number)          Identification No.)
      incorporation)


      802 Delaware Avenue, Wilmington, Delaware          19801
      -------------------------------------------       ----------
      (Address of principal executive offices)          (Zip code)


                                (302) 575-5033
                ---------------------------------------------------
                (Registrant's telephone number, including area code)


                                      
<PAGE>

Item 5. Other Events

    On 1/22/98 Chase Manhattan Auto Owner Trust 1997-A (the "Trust") made 
distributions  to Certificateholders  contemplated  by the Sale and  
Servicing Agreement, dated as of February 28, 1997, (the "Sale & Servicing 
Agreement"), between the  Registrant,  as Seller and  Servicer,  and 
the Trust, as Issuer.

    A copy of the  Certificateholder  Report for such  Distribution Date
delivered pursuant  to section 5.8 of the Sale and Servicing Agreement is
being filed as Exhibit 20.1 to this Current Report on Form 8-K.


Item 7 (c). Exhibits
            --------

  Exhibit   Description
  -------   -----------

  20.1      Monthly Certificateholder's statement with respect to the
            January 22, 1998 distribution.



<PAGE>

                              SIGNATURES
                              ----------



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



                                            CHASE MANHATTAN BANK USA,
                                            NATIONAL ASSOCIATION


                                            /s/ Patricia Garvey
                                            -----------------------------
                                            By:    Patricia Garvey
                                            Title: Vice President




Date:  January 22, 1998




                      
<PAGE>

                              INDEX TO EXHIBITS
                              -----------------
                                                              
                                                              
   Exhibit                         Description                 
   -------                         -----------                 

     20.1                Certificateholder Reports dated        
                         1/15/1998 delivered pursuant to
                         Section 5.8 of the Sale and 
                         Servicing  Agreement dated as of 
                         February 28, 1997.



CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
        PERIOD  10                                      PAGE    # 1     
        DETERMINATION:  9-Jan-98                        Beginning       12/1/97 
        DISTRIBUTION:   15-Jan-98                       Ending          12/31/97
        TIME:   1/13/98 14:46                                   
                        CLASS A-1 5.545% MONEY MARKET ASSET BACKED NOTES        
                        CLASS A-2 5.950% ASSET BACKED NOTES                     
                        CLASS A-3 6.250% ASSET BACKED NOTES                     
                        CLASS A-4 6.400% ASSET BACKED NOTES                     
                        CLASS A-5 6.500% ASSET BACKED NOTES                     
                        CLASS B-1 6.650% ASSET BACKED CERTIFICATES              
<TABLE>
<CAPTION>
                                                        
                ORIG PRINCIPAL     BEG PRINCIPAL        PRINCIPAL       INTEREST        TOTAL           END PRINCIPAL   
CLASS           BALANCE            BALANCE              DISTRIBUTION    DISTRIBUTION    DISTRIBUTION    BALANCE 
<S>               <C>             <C>                 <C>              <C>             <C>             <C>           
A-1 Notes         $250,000,000.00            $0.00               $0.00          $0.00            $0.00            $0.00         
                                                        
A-2 Notes         $365,000,000.00  $318,454,310.38      $30,677,543.27  $1,579,002.62   $32,256,545.89  $287,776,767.11         
                                                        
A-3 Notes         $270,000,000.00  $270,000,000.00               $0.00  $1,406,250.00    $1,406,250.00  $270,000,000.00         
                                                        
A-4 Notes         $165,000,000.00  $165,000,000.00               $0.00    $880,000.00      $880,000.00  $165,000,000.00         
                                                        
A-5 Notes          $85,500,000.00   $85,500,000.00               $0.00    $463,125.00      $463,125.00   $85,500,000.00         
 NOTE TOTALS    $1,135,500,000.00  $838,954,310.38      $30,677,543.27  $4,328,377.62   $35,005,920.89  $808,276,767.11         
                                                        
B-1                $35,153,718.13   $35,153,718.13               $0.00    $194,810.19      $194,810.19   $35,153,718.13         
CERTIFICATE TOTALS $35,153,718.13   $35,153,718.13               $0.00    $194,810.19      $194,810.19   $35,153,718.13         
TOTALS          $1,170,653,718.13  $874,108,028.51      $30,677,543.27  $4,523,187.81   $35,200,731.08  $843,430,485.24         
                                                        
                                                        
                                                        
                                                        
                                                        
                            FACTOR   INFORMATION   PER   $1,000                                         
                                                        
                                                        
        PRINCIPAL       INTEREST        END PRINCIPAL                           
CLASS   DISTRIBUTION    DISTRIBUTION    BALANCE                         
<S>    <C>             <C>             <C>                                 
 A-1     0.00000000     0.00000000          0.00000000                          
                                                        
 A-2    84.04806375     4.32603458        788.42949893                          
                                                        
 A-3     0.00000000     5.20833333      1,000.00000000                          
                                                        
 A-4     0.00000000     5.33333333      1,000.00000000                          
                                                        
A-5      0.00000000     5.41666667      1,000.00000000                          
Totals  27.01677082     3.81186933        711.82454171                          
                                                        
B-1      0.00000000     5.54166672      1,000.00000000                          
C Totals 0.00000000     5.54166672      1,000.00000000                          
TOTALS  26.20548057     3.86381365        720.47820135                          

</TABLE>
                                                        
                                                        
                                                        
                                                        
                                                        
                IF THERE ARE ANY QUESTIONS OR COMMENTS,
                PLEASE CONTACT THE ADMINISTRATOR LISTED BELOW
                                                        
                                                        
                                                        
                                                        
                                           KIM COSTA                            
                                          THE CHASE MANHATTAN BANK - ASPG 
                                          450 WEST 33RD STREET, 15TH FLOOR      
                                          NEW YORK, NEW YORK 10001              
                                          (212) 946-3247                        
                                                        
                                                        
                                                        

CHASE MANHATTAN AUTO OWNER TRUST                                                
SERIES 1997-A                                                   
STATEMENT TO CERTIFICATEHOLDERS                                                 
                                                        
        PERIOD  10                              PAGE        # 2         
DETERMINATION:  9-Jan-98                        Beginning       12/1/97         
DISTRIBUTION:   15-Jan-98                       Ending          12/31/97        
TIME:   1/13/98 14:46                                           
                                                        
                                                        
                                                        
                                                                      per $1000
Section 5.8 (iii)  Servicing Fee                        $728,423.36   0.62223640
                                                                                
Section 5.8 (iv)   Administration Fee                     $1,000.00   0.00085422
                                                                                
Section 5.8 (vi)   Pool Balance at the end of the
                   Collection Period                             $843,430,485.24
                                                   
                                                   
Section 5.8 (vii)  Repurchase Amounts for Repurchased Receivable                
                   By Seller               $0.00                   
                   By Servicer             $0.00                   
                   TOTAL                   $0.00                   
                                                   
Section 5.8 (viii) Realized Losses for Collection Period             $656,479.53
                                                   
                                                   
Section 5.8 (ix)   Reserve Account Balance after Disbursement     $25,302,914.56
                                                   
                                                   
Section 5.8 (x)    Specified Reserve Account Balance              $25,302,914.56
                                                   
                                                   
Section 5.8 (xi)   Total Distribution Amount                      $36,967,357.96
                                                   
                   Servicing Fee                                     $728,423.36
                   Administrative Fee                                  $1,000.00
                   Noteholders' Distribution Amount               $35,005,920.89
                   Certificateholders' Distribution Amount           $194,810.19
                   Deposit to Reserve Account                      $1,037,203.52
                                                   
                                                   
Section 5.8 (xii)  Noteholders' Distributable Amount                            
<TABLE>
<CAPTION>
                                                   
                                                   
        Class   Principal       Interest        Total           Prin (per $1000/orig)   Int (per $1000/orig)  Total (per $1000/orig)
       <S>     <C>             <C>             <C>             <C>                     <C>                   <C>    
        A-1              $0.00          $0.00            $0.00           0.00000000             0.00000000                0.00000000
        A-2     $30,677,543.27  $1,579,002.62   $32,256,545.89          84.04806375             4.32603458               88.37409833
        A-3              $0.00  $1,406,250.00    $1,406,250.00           0.00000000             5.20833333                5.20833333
        A-4              $0.00    $880,000.00      $880,000.00           0.00000000             5.33333333                5.33333333
        A-5              $0.00    $463,125.00      $463,125.00           0.00000000             5.41666667                5.41666667
        Total   $30,677,543.27  $4,328,377.62   $35,005,920.89          27.01677082             3.81186933               30.82864015
                                                        
                                                        
                                                        
                                                        
Section 5.8 (xiii)      Certificateholders' Distributable Amount                                                
                                                        
                                                        
        Class   Principal       Interest        Total           Prin (per $1000/orig)   Int (per $1000/orig)  Total (per $1000/orig)
       <S>     <C>             <C>             <C>             <C>                     <C>                   <C>                    
        B-1     $0.00           $194,810.19     $194,810.19              0.00000000             5.54166672                5.54166672
        Total   $0.00           $194,810.19     $194,810.19              0.00000000             5.54166672                5.54166672
                                                        
                                                        
                                                        
</TABLE>
                                                        
Section 5.8 (xiv)       Reserve Fund Transfer Amount            $1,037,203.52   
                                                        
                                                        
(C) COPYRIGHT 1998, CHASE MANHATTAN BANK                                        
                                                


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