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):
                        November 15, 2000


            Honda Auto Receivables 1997-B Grantor Trust
                        (Exact name of registrant
                        specified in its charter)


California              333-35413               33-0526079
(State or other         (Commission             (IRS Employer
 jurisdiction of        File Number)            Identification No.)
incorporation)


American Honda Receivables Corp.
700 Van Ness Avenue
Torrance, CA                                    90501
(Address of principal executive offices)        (Zip Code)


Registrant's telephone number, including area code: (310) 781-6131




Item 5. Other Events


     On November 15, 2000, 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 October 1, 1997 (the
"Agreement"), between American Honda Receivable Corp., as Seller,
American Honda Finance Corporation, as Servicer, and Bank of
Tokyo-Mitsubishi Trust Company, as Trustee (the "Trustee"), were
distributed to holders ("Certificateholders") of certificates representing
undivided fractional interests in Honda Auto Receivables 1997-B 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 20 to this Current Report on Form 8-K.



Item 7 (c).   Exhibits  20



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.



Honda Auto Receivables 1997-B Grantor Trust
By:   American Honda Finance Corporation, as Servicer

By:
/s/ John Weisickle
John Weisickle, Vice President / Finance