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Chase Manhattan Auto Owner Trust 2001-B

                         Statement to Certificateholders
                                 January 18 2005



                           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              0.00             0.00          0.00             0.00     0.00     0.00                0.00
A4            322,380,000.00    207,244,098.49    13,871,090.94    656,272.98    14,527,363.92     0.00     0.00      193,373,007.55
B              32,503,047.00      9,799,622.74       655,900.26     30,623.82       686,524.08     0.00     0.00        9,143,722.48
TOTALS      1,299,883,047.00    217,043,721.23    14,526,991.20    686,896.80    15,213,888.00     0.00     0.00      202,516,730.03


                 FACTOR INFORMATION PER $1000 OF ORIGINAL FACE                                            PASS-THROUGH RATES
                       PRIOR                                                           CURRENT                    CURRENT
                       PRINCIPAL                                                       PRINCIPAL                  PASS THRU
CLASS     CUSIP        FACTOR           PRINCIPAL      INTEREST         TOTAL          FACTOR             CLASS   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      0.00000000      0.00000000      0.00000000      0.00000000      0.00000000       A3      3.090000 %
A4        161581BY8    642.85656210     43.02714480      2.03571245     45.06285725    599.82941730       A4      3.800000 %
B         161581BZ5    301.49858689     20.17965454      0.94218305     21.12183759    281.31893235        B      3.750000 %
TOTALS                 166.97173006     11.17561402      0.52842969     11.70404371    155.79611604


IF THERE, ARE ANY QUESTIONS OR PROBLEMS WITH THIS STATEMENT PLEASE CONTACT THE
ADMINISTRATOR LISTED BELOW:

Kelly M Crosson
JPMorgan Chase Bank, N.A. - 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

                                 January 18 2005
                         STATEMENT TO CERTIFICATEHOLDERS



                                                                                                                
                                                                                   Due Period                                     38
                                                                                   Due Period Beginning Date                12/01/04
                                                                                   Due Period End Date                      12/31/04
                                                                                   Determination Date                       01/10/05

Section 5.8(iii)                        Servicing Fee                                                                     180,869.77
Section 5.8(iii)                        Servicing Fee per $1000                                                           0.13914311

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                              202,516,735.90

Section 5.8(vii)                        Repurchase Amounts for Repurchased Receivable
                                        By Seller                                                                               0.00
                                        By Servicer                                                                        11,240.92
                                        TOTAL                                                                              11,240.92

Section 5.8(viii)                       Realized Net Losses for Collection Period                                          65,191.08

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                                                      15,878,318.25
                                        Servicing Fee                                                                     180,869.77
                                        Administration Fee                                                                  1,000.00
                                        Noteholders Distribution Amount                                                14,527,363.92
                                        Certficateholders Distribution Amount                                             686,524.08
                                        Deposit to Reserve Account                                                        482,560.48


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