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 (date of earliest event
                                   reported):

                                March 15, 1999



                  Nissan Auto Receivables 1998-A Grantor Trust
             ------------------------------------------------------  
             (Exact name of registrant as specified in its charter)


                                                                
                                                                    
   Delaware                         333-64565                  33-0479655
 ---------------------           -------------                ------------
(State or other Juris-            (Commission               (I.R.S. Employer
diction of incorporation)     Registration Number)        Identification Number)


                  Nissan Auto Receivables 1998-A Grantor Trust
                     c/o Nissan Motor Acceptance Corporation
                              900 West 190th Street
                           Torrance, California 90502
                                 (310) 719-8013
              ----------------------------------------------------
              (Registrant's telephone number, including area code)




                           Exhibit Index is on Page 4

                                     Page 1





Item 5.    Other Events.

     On March  15,  1999,  the  principal  and  interest  collected  during  the
preceding  calendar  month,  net of certain  adjustments  as provided for in the
Pooling and Servicing Agreement, dated as of December 1, 1998 (the "Agreement"),
between  Nissan  Motor  Acceptance   Corporation,   as  Servicer,   Nissan  Auto
Receivables  Corporation,  as  Seller,  and  Norwest  Bank  Minnesota,  National
Association,   as  Trustee  (the   "Trustee"),   were   distributed  to  holders
("Certificateholders")   of  certificates   representing   undivided  fractional
interests in Nissan Auto  Receivables  1998-A Grantor Trust.  In accordance with
the Agreement,  the  Servicer's  Certificate,  as defined in the Agreement,  was
furnished to the Trustee for the benefit of the Certificateholders and, as such,
was  distributed  by the  Trustee  to  the  Certificateholders.  A  copy  of the
Servicer's  Certificate is being filed as Exhibit 99.1 to this Current Report on
Form 8-K.


Item 7(c). Exhibits.

           Exhibit No.                Description
           -----------                ------------
           99.1                       Servicer's Certificate for the
                                      month of February 1999



                                     Page 2






                                   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.

                            Nissan Auto Receivables 1998-A Grantor Trust

                            By:     Nissan Motor Acceptance Corporation,
                                    as Servicer



Date:   March 18, 1999         By:  /s/Tomoaki Shimazu
                             Name:  Tomoaki Shimazu
                            Title:  Vice President, Finance 
                                    and Corporate Planning

      
                                     Page 3






                                  EXHIBIT INDEX



                                                      Sequentially
                                                        Numbered
Exhibit No.         Description                           Page
- ------------        -------------                     ------------
99.1                Servicer's Certificate                  5
                    for the month of 
                    February 1999


                                     Page 4