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: April 10, 1997 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.) Corporate 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 April 8, 1997, the registrant made available to prospective investors a series term sheet setting forth a description of the collateral pool and the proposed structure of $1,408,404,075.83 Aggregate Principal Amount of Class A 6.50% Asset Backed Certificates, Series 1997-A and $93,893,605.06 Aggregate Principal Amount of Class B 6.50% Asset Backed Certificates, Series 1997-A of Capital Auto Receivables, Inc. Only the Class A Certificates are being offered for sale. The Class B Certificates are not being offered for sale and initially will be held by Capital Auto Receivables, Inc. The series term sheet is attached hereto as Exhibit 99. 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 April 8, 1997, with respect to the proposed issuance of the Class A Asset Backed Certificates and the Class B Asset Backed Certificates of Capital Auto Receivables, Inc. 1997-A. 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/ Eric A. Feldstein ---------------------------------------- Dated: April 10, 1997 Eric A. Feldstein, Chairman of the Board -------------- s/ John R. Rines ---------------------------------------- Dated: April 10, 1997 John R. Rines, President and Director -------------- EXHIBIT INDEX Exhibit Description Page - ------- ----------- ---- 99 Series Term Sheet dated April 8, 1997