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): September 29, 2004 (September 15, 2004) FRANKLIN AUTO TRUST 2003-2 (Exact name of registrant as specified in its charter) DELAWARE 333-106297 94-3301790 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Nos.) Identification Number) 47 WEST 200 SOUTH, SUITE 500, SALT LAKE CITY, UTAH 84101 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (801) 881-8892 - -------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Item 8.01 Other Events The Monthly Servicing Report relating to the Franklin Auto Trust 2003-2 for the Collection Period ended August 31, 2004 is attached hereto as Exhibit 19.1 and incorporated herein by this reference. Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits. (c) Exhibit Exhibit 19.1 - Franklin Auto Trust 2003-2 Monthly Servicing Report for the Collection Period ending August 31, 2004 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 thereunto duly authorized on the date indicated. FRANKLIN AUTO TRUST 2003-2 (Registrant) By: Franklin Capital Corporation Servicer of the Trust Date: September 29, 2004 /s/ Harold E. Miller, Jr. ------------------------- HAROLD E. MILLER, JR. President Exhibits Exhibit 19.1 - Franklin Auto Trust 2003-2 Monthly Servicing Report for the Collection Period ending August 31, 2004.