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.