CONFORMED COPY
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
May 12, 2000
Date of Report .........................................................
(Date of earliest event reported)
CARCO Auto Loan Master Trust
........................................................................
(Exact name of registrant as specified in its charter)
State of Delaware 333-38873 None
........................................................................
(State or other jurisdiction (Commission) (IRS Employer
of incorporation) File No.) Identification No.)
27777 Franklin Rd., Southfield, Michigan 48034
.......................................................................
(Address of principal executive offices)
(248) 948-3067
Registrant's telephone number, including area code......................
This filing relates to Registration Statement No. 333-38873.
Item 4. Changes in Registrant's Certifying Accountants
In connection with the registrant replacing Deloitte & Touche LLP
as independent accountants of CARCO Auto Loan Master Trust (i) Deloitte &
Touche LLP, the former accountant, was dismissed on February 14, 2000, (ii)
the principal accountant's report on the financial statements of CARCO Auto
Loan Master Trust for either the past two years did not contain an adverse
opinion or a disclaimer of opinion, nor was it qualified or modified as to
uncertainty, audit scope, or accounting principles, (iii) the decision to
change accountants for CARCO Auto Loan Master Trust was approved by the
Executive Committee of the Board of Managers of Chrysler Financial Company
L.L.C., as servicer of the registrant, (iv) during CARCO Auto Loan Master
Trust's two most recent fiscal years and any subsequent interim period
preceding such dismissal there were no disagreements with the former
accountant on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure, and (v) there is
nothing to report regarding the kind of events listed in Section
304(a)(1)(v)(A) through (D).
KPMG LLP was engaged as the new independent accountant of CARCO
Auto Loan Master Trust to audit CARCO Auto Loan Master Trust's financial
statements on February 14, 2000.
The replacement of Deloitte & Touche LLP with KPMG LLP as the
independent accountant of CARCO Auto Loan Master Trust was done as part of
the merger of Chrysler Corporation and Daimler-Benz AG and the subsequent
reorganization resulting in the appointment of KPMG LLP as independent
accountants of DaimlerChrysler AG and certain of its subsidiaries and
affiliates, including CARCO Auto Loan Master Trust. KPMG LLP was the
independent accountant of the former Daimler-Benz AG and subsidiaries and
Deloitte & Touche LLP was the independent accountant of the former Chrysler
Corporation and its subsidiaries.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
Listed below are the financial statements, pro forma financial
information and exhibits, if any, filed as a part of this Report:
(a) Financial statements of businesses acquired;
None
(b) Pro forma financial information:
None
(c) Exhibits:
Exhibit 99
SIGNATURES
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.
CHRYSLER FINANCIAL COMPANY L.L.C.,
as Servicer of CARCO Auto Loan
Master Trust
Date: May 12, 2000 By: /s/ B. C. Babbish
----------------------------------
B. C. Babbish
Assistant Secretary
EXHIBIT INDEX
Exhibit
No. Description of Exhibit
- ------- ----------------------
99 Letter of Deloitte & Touche LLP dated May 12, 2000 addressed to
the Securities and Exchange Commission regarding its agreement
with the statements made by the registrant in response to Item
304(a) of Regulation S-K.
Exhibit 99
May 12, 2000
Securities and Exchange Commission
Mail Stop 11-3
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs/Madams:
We have read and agree with the comments in parts (i), (ii), (iv) and (v) of
the first paragraph of Item 4 of Form 8-K of Carco Auto Loan Master Trust
dated May 12, 2000. We have no basis on which to agree or disagree with the
statements contained in part (iii) of the first paragraph and in the second
and third paragraphs of Item 4.
Yours truly,
/s/Deloitte & Touche LLP
Deloitte & Touche LLP
Detroit, Michigan
cc: Mr. David Olsen
Controller
Chrysler Financial Company L.L.C.
