Exhibit 20.1 Page 1 Chase Manhattan Auto Owner Trust 2001-B Statement to Certificateholders June 15 2004 DISTRIBUTION IN DOLLARS ORIGINAL PRIOR CURRENT FACE PRINCIPAL REALIZED DEFERRED PRINCIPAL CLASS VALUE BALANCE PRINCIPAL INTEREST TOTAL LOSSES 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 8,294,410.26 8,294,410.26 21,358.11 8,315,768.37 0.00 0.00 0.00 A4 322,380,000.00 322,380,000.00 10,258,381.88 1,020,870.00 11,279,251.88 0.00 0.00 312,121,618.12 B 32,503,047.00 15,636,075.97 877,276.43 48,862.74 926,139.17 0.00 0.00 14,758,799.54 TOTALS 1,299,883,047.00 346,310,486.23 19,430,068.57 1,091,090.85 20,521,159.42 0.00 0.00 326,880,417.66 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 22.72441167 22.72441167 0.05851537 22.78292704 0.00000000 A3 3.090000 % A4 161581BY8 1,000.00000000 31.82077635 3.16666667 34.98744302 968.17922365 A4 3.800000 % B 161581BZ5 481.06492816 26.99059045 1.50332798 28.49391843 454.07433771 B 3.750000 % TOTALS 266.41664958 14.94755133 0.83937617 15.78692750 251.46909825 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 June 15 2004 STATEMENT TO CERTIFICATEHOLDERS Due Period 31 Due Period Beginning Date 05/01/04 Due Period End Date 05/31/04 Determination Date 06/10/04 Section 5.8(iii) Servicing Fee 288,592.08 Section 5.8(iii) Servicing Fee per $1000 0.22201388 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 326,880,423.53 Section 5.8(vii) Repurchase Amounts for Repurchased Receivable By Seller 0.00 By Servicer 47,379.94 TOTAL 47,379.94 Section 5.8(viii) Realized Net Losses for Collection Period 168,285.43 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 21,353,492.69 Servicing Fee 288,592.08 Administration Fee 1,000.00 Noteholders Distribution Amount 19,595,020.25 Certficateholders Distribution Amount 926,139.17 Deposit to Reserve Account 542,741.19 Copyright(C)2001 J.P. Morgan Chase & Co. All rights reserved.