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: January 9, 2001
CAPITAL AUTO RECEIVABLES, INC.
=======================================================
(Exact name of registrant as specified in its charter)
Delaware 333-06039 38-3082892
=============================== =========== ===================
(State or other jurisdiction of Commission (I.R.S. Employer
incorporation or organization) File Number Identification No.)
Corporation Trust Center
1209 Orange Street, Wilmington, DE 19801
===================================== ==========
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 302-658-7581
============
Items 1-4. Not Applicable.
Item 5. Other Events
On January 8, the registrant made
available to prospective investors a
series term sheet setting forth a
description of the collateral pool
and the proposed structure. Capital
Auto Receivables Asset Trust 2001-1
will issue the following: Class A-1
_____% Asset Backed Notes in the
Aggregate Principal Amount of
$617,000,000, Class A-2 _____% Asset
Backed Notes in the Aggregate
Principal Amount of $526,000,000,
Class A-3 _____% Asset Backed Notes
in the Aggregate Principal Amount of
$429,000,000, Class A-4 Floating
Rate Asset Backed Notes in the
Aggregate Principal Amount of
$471,000,000, Class A-5 Floating
Rate Asset Backed Notes in the
Aggregate Principal Amount of
$250,610,000, a Floating Rate
Initial Variable Pay Revolving Note
in the Aggregate Principal Amount of
$693,000,000 and ____% Asset Backed
Certificates with an aggregate
initial Certificate Balance of
$92,369,302.59. Only the Class A-2
Notes, the Class A-3 Notes, the
Class A-4 Notes, the Class A-5
Notes, and the Certificates are
being offered for sale. Capital Auto
Receivables, Inc. will retain
Certificates with an initial
Certificate balance of $924,302.59.
The term sheet is attached hereto as
Exhibit 99.
<PAGE>
Item 6. Not applicable.
Item 7. Exhibits.
Exhibit 99. The following is filed as an Exhibit to this Report
under Exhibit 99.
Series Term Sheet dated January 8, 2001 with respect to the
proposed issuance of the Class A-1 Asset Backed Notes, Class
A-2 Asset Backed Notes, Class A-3 Asset Backed Notes, Class
A-4 Asset Backed Notes, Class A-5, the Initial Variable Pay
Revolving Note and the Asset Backed Certificates of Capital
Auto Receivables, Asset Trust 2001-1.
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 thereunto duly authorized.
CAPITAL AUTO RECEIVABLES, INC.
========================================
(Registrant)
s/ WILLIAM F. MUIR
========================================
Dated: January 9, 2001 William F. Muir, Chairman of the Board
s/ JOHN D. FINNEGAN
========================================
Dated: January 9, 2001 John D. Finnegan, President and Director
