Exhibit 20.1

                                                                          Page 1
Chase Manhattan Auto Owner Trust 2001-B
                                                Statement to Certificateholders
                                                May 17 2004



        DISTRIBUTION IN DOLLARS
                  ORIGINAL         PRIOR                                                                                  CURRENT
                   FACE           PRINCIPAL                                                    REALIZED   DEFERRED       PRINCIPAL
   CLASS          VALUE           BALANCE          PRINCIPAL     INTEREST         TOTAL          LOSES    INTEREST        BALANCE
                                                                                             
A1           280,000,000.00             0.00            0.00            0.00            0.00     0.00       0.00               0.00
A2           300,000,000.00             0.00            0.00            0.00            0.00     0.00       0.00               0.00
A3           365,000,000.00    29,836,805.50   21,542,395.24       76,829.77   21,619,225.01     0.00       0.00       8,294,410.26
A4           322,380,000.00   322,380,000.00            0.00    1,020,870.00    1,020,870.00     0.00       0.00     322,380,000.00
B             32,503,047.00    16,654,717.02    1,018,641.05       52,045.99    1,070,687.04     0.00       0.00      15,636,075.97
TOTALS     1,299,883,047.00   368,871,522.52   22,561,036.29    1,149,745.76   23,710,782.05     0.00       0.00     346,310,486.23




    FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                                     PASS-THROUGH RATES
                        PRIOR                                                   CURRENT                    CURRENT
                       PRINCIPAL                                                PRINCIPAL     CLASS       PASS THRU
 CLASS   CUSIP          FACTOR        PRINCIPAL    INTEREST       TOTAL          FACTOR                     RATE
                                                                              
A1      161581BV4       0.00000000   0.00000000   0.00000000   0.00000000       0.00000000     A1        2.180000 %
A2      161581BW2       0.00000000   0.00000000   0.00000000   0.00000000       0.00000000     A2        2.440000 %
A3      161581BX0      81.74467260  59.02026093   0.21049252  59.23075345      22.72441167     A3        3.090000 %
A4      161581BY8   1,000.00000000   0.00000000   3.16666667   3.16666667   1,000.00000000     A4        3.800000 %
B       161581BZ5     512.40479146  31.33986331   1.60126495  32.94112826     481.06492816     B         3.750000 %
TOTALS                283.77285431  17.35620473   0.88449939  18.24070412     266.41664958



IF THERE ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT, PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:
Kelly M Crosson
JPMorgan Chase Bank - Structured Finance Services
4 NY Plaza, 6th floor,
New York, New York 10004
Tel: (212) 623-5439
Fax: (212) 623-5932
Email: kelly.crosson@jpmorgan.com

                   Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.


                                                                          Page 2
Chase Manhattan Auto Owner Trust 2001-B
                                                        May 17 2004
                                              STATEMENT TO CERTIFICATEHOLDERS



                                                                   Due Period                                          30
                                                                   Due Period Beginning Date                     04/01/04
                                                                   Due Period End Date                           04/30/04
                                                                   Determination Date                            05/10/04

                                                                                                   
Section 5.8(iii)        Servicing Fee                                                                          307,392.94
Section 5.8(iii)        Servicing Fee per $1000                                                                0.23647738

Section 5.8(iv)         Administration Fee                                                                       1,000.00
Section 5.8(iv)         Administration Fee per $1000                                                           0.00076930

Section 5.8(vi)         Pool Balance at the end of the Collection Period                                   346,310,492.10

Section 5.8(vii)        Repurchase Amounts for Repurchased Receivable
                        By Seller                                                                                    0.00
                        By Servicer                                                                            112,502.50
                        TOTAL                                                                                  112,502.50

Section 5.8(viii)       Realized Net Losses for Collection Period                                              301,863.05

Section 5.8(ix)         Reserve Account Balance after Disbursement                                           9,749,122.90

Section 5.8(x)          Specified Reserve Account Balance                                                    9,749,122.90

Section 5.8(xi)         Total Distribution Amount                                                           24,660,721.14
                        Servicing Fee                                                                          307,392.94
                        Administration Fee                                                                       1,000.00
                        Noteholders Distribution Amount                                                     22,640,095.01
                        Certficateholders Distribution Amount                                                1,070,687.04
                        Deposit to Reserve Account                                                             641,546.15


                   Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.