MELLON AUTO GRANTOR TRUST 2000-1
8-K, 2000-12-18
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 (Date of earliest event reported) : December 15, 2000

MELLON  AUTO  RECEIVABLES  CORPORATION,  (as  depositor  under the  Pooling  and
Servicing  Agreement, dated March 1, 2000, which forms Mellon Auto Grantor Trust
2000-1, which will issue Asset-Backed Certificates).

                     MELLON AUTO RECEIVABLES CORPORATION
             (Exact name of registrant as specified in its charter)


       Delaware                     333-65271-02              25-1831621
     (State or other          (Commission File Number)       (IRS Employer
     jurisdiction of                                       Identification No.)
     incorporation)


One Mellon Bank Center, Room 0410
Pittsburgh, PA                                                   15258
(Address of principal executive offices)                       (Zip Code)


       Registrant's telephone number, including area code : (412) 236-6559

                                       N/A
         (Former name or former address, if changed since last report.)



                                   Page 1 of 4
                                                  This report consists of 7
                                                 consecutively numbered pages.

<PAGE>



Item 5.    Other Events.

     This  report  and  the  attached  exhibits  are  being  filed  pursuant  to
"no-action"  positions  taken by the  Securities  and Exchange  Commission  with
respect  to  alternative   means  of  satisfying  the   Registrant's   reporting
obligations under the Securities Exchange Act of 1934, as amended,  with respect
to the Registrant's  Mellon Auto Grantor Trust 2000-1. The Trust's  Certificates
were issued, and this report and exhibits are being filed, pursuant to the terms
of the  Pooling  and  Servicing  Agreement,  dated  as of  March  1,  2000 ( the
"Agreement"),  among Mellon Auto Receivables Corporation,  as depositor,  Mellon
Bank, as servicer and seller, Norwest Bank Minnesota,  National Association,  as
trustee, and The Chase Manhattan Bank, as collateral agent. On December 15, 2000
distribution  was  made to the  Certificateholders.  Specific  information  with
respect to these  distributions  is filed as Exhibit 99.1.  No other  reportable
transactions or matters have occurred during the current reporting period.

Item 7.    Financial Statements and Exhibits.

           (a)   Not applicable

           (b)   Not applicable

           (c)   The following exhibits are filed as part of this report:

                 Statement to Certificateholders on December 15, 2000,
                 as Exhibit 99.1.



<PAGE>


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

                                     THE CHASE MANHATTAN BANK,
                                     not in its individual capacity but solely
                                     as Collateral Agent under the Agreement
                                     referred to herein



Date:    December 18, 2000           By:  /s/ Jennifer Richardson
                                        Jennifer Richardson
                                        Assistant Vice President


<PAGE>
INDEX TO EXHIBITS


      Exhibit
      Number                  Description of Exhibits                    Page

        99.1             Monthly Certificateholder Statement on             5
                         December 15, 2000.




<PAGE>



                                  Exhibit 99.1

              Monthly Certificateholder Statement on December 15, 2000

<PAGE>

<TABLE>
-----------------------------------------------------------------------------------------------------------------------------------
                                       MELLON BANK AUTO LOAN TRUST SERIES 2000-1
                                           STATEMENT TO CERTIFICATEHOLDERS
-----------------------------------------------------------------------------------------------------------------------------------
<S>       <C>       <C>


PERIOD:             9                                                                                         PAGE #      1
DETERMINATION:      12/08/00                                                                                  Beginning:  11/01/00
DISTRIBUTION:       12/15/00                                                                                  Ending:     11/30/00

CLASS A   7.18%  ASSET BACKED CERTIFICATES
CLASS B   7.43%  ASSET BACKED CERTIFICATES

-----------------------------------------------------------------------------------------------------------------------------------
                         ORIGINAL           BEGINNING                                                                END
                         PRINCIPAL          PRINCIPAL        PRINCIPAL          INTEREST          TOTAL              PRINCIPAL
CLASS                    BALANCE            BALANCE        DISTRIBUTION       DISTRIBUTION     DISTRIBUTION          BALANCE

----------------------------------------------------------------------------------------------------------------------------------
CLASS A              $340,723,000.00   $270,966,024.25     $8,078,102.09    $1,621,280.05     $9,699,382.14       $262,887,922.16
CLASS B               $10,538,292.00     $8,380,763.98       $249,849.30       $51,890.90       $301,740.20         $8,130,914.68

----------------------------------------------------------------------------------------------------------------------------------
CERTIFICATE TOTALS   $351,261,292.00   $279,346,788.23     $8,327,951.39    $1,673,170.95    $10,001,122.34       $271,018,836.84
----------------------------------------------------------------------------------------------------------------------------------


-----------------------------------------------------------------------------------------
                         FACTOR INFORMATION PER $1,000

-----------------------------------------------------------------------------------------
                         PRINCIPAL           INTEREST            END PRINCIPAL
                         DISTRIBUTION        DISTRIBUTION        BALANCE
-----------------------------------------------------------------------------------------
CLASS A                  23.708707924        4.758352239         771.559073382
CLASS B                  23.708709153        4.924033230         771.559060994
-----------------------------------------------------------------------------------------
CERTIFICATE TOTALS       23.708707961        4.763322883         771.559073011
-----------------------------------------------------------------------------------------


If there are any questions or problems with this statement, please contact
the Administrator listed below:

                     ---------------------------------------
                                JENNIFER RICHARDSON
                THE CHASE MANHATTAN BANK - STRUCTURED FINANCE SERVICES
                        450 WEST 33RD STREET, 14TH FLOOR
                            NEW YORK, NEW YORK 10001






</TABLE>
<PAGE>
<TABLE>
-----------------------------------------------------------------------------------------------------------------------------------
                                       MELLON BANK AUTO LOAN TRUST SERIES 2000-1
                                           STATEMENT TO CERTIFICATEHOLDERS
-----------------------------------------------------------------------------------------------------------------------------------
<S>       <C>       <C>


PERIOD:             9                                                                                         PAGE #      2
DETERMINATION:      12/08/00                                                                                  Beginning:  11/01/00
DISTRIBUTION:       12/15/00                                                                                  Ending:     11/30/00

                                                                                                         Per $1000
                                                                                                         ---------
     I.        Servicing Fee                                                            $116,394.50      0.33136158



     II.       Pool Balance at the end of the Collection Period                     $271,018,836.84

     III.      Repurchase Amounts for Repurchased Receivable

                    By Seller                                                                 $ -
                    By Servicer                                                               $ -
                    TOTAL                                                                     $ -

     IV.       Realized Net Losses for Collection Period                                $242,567.74

     V.        Reservce Account Balance after Disbursement                           $12,355,783.60

     VI.       Specified Reserve Account Balance                                     $12,873,394.75

     VII.      Total Distribution Amount

                    Servicing Fee                                                       $116,394.50
                    Certificateholders' Distribution Amount                          $10,001,122.34
                    Deposit to Reserve Account                                          $152,476.11

     VIII.     Certificateholders' Distributable Amount

-----------------------------------------------------------------------------------------------------------------------------------
              Principal       Interest            Total       Prin (per $1000/orig)   Int (per $1000/orig)   Total (per $1000/orig)
-----------------------------------------------------------------------------------------------------------------------------------
CLASS A    $8,078,102.09   $1,621,280.05     $9,699,382.14       23.70870792                4.758352239            28.46706016
CLASS B      $249,849.30      $51,890.90       $301,740.20       23.70870915                4.92403323             28.63274238
-----------------------------------------------------------------------------------------------------------------------------------
Total      $8,327,951.39   $1,673,170.95    $10,001,122.34       23.70870796                4.763322883            28.47203084
-----------------------------------------------------------------------------------------------------------------------------------

     IX.       Reserve Fund Transfer Amount                                             $152,476.11

     X.        Advance Summary for Collection Period

                    A.   Unreimbursed Advances for the Period                           $291,379.66
                    B.   Unreimbursed Advances for the Previous Period                  $344,316.69
                    C.   Change from the Previous Period                                $(52,937.03)

                    D.   Reimbursed Advance from the Collection                         $137,971.70
                    E.   Reimbursed Advance from Liquidation Proceeds                          $ -
                    F.   Reimbursed Advance from Reserve Account Withdrawals                   $ -

                    G.   Actuarial Advances (P&I) for the Period                         $74,747.63
                    H.   Actuarial Advances (P&I) fro the Previous Period                $91,265.11
                    I.   Change from Pervious Period                                    $(16,517.48)

     XI.        Actuarial Payahead Summary for the Collection Period

                    A.   Payaheads for the Period                                       $350,478.28
                    B.   Payaheads for the Previous Period                              $426,231.97
                    C.   Change from Previous Period                                    $(75,753.69)



</TABLE>






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