UNITED STATES
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):

~~July~~August 1615, 2001

Nissan Auto Receivables Corporation II
on behalf of Nissan Auto Receivables 2001-B Owner Trust

(Exact name of registrant as specified in its charter)

Delaware	333-51224-01	95-4831541
(State or other Jurisdiction of incorporation)	(Commission Registration Number)	(I.R.S. Employer Identification Number)

990 WEST 190TH STREET
TORRANCE, CALIFORNIA 90502

___________________________________

(Address of principal executive office)
Registrant's telephone number, including area code: (310) 719-8583

Exhibit Index is on Page 4

Item 5.

Other Events
.

On ~~July~~August 1615, 2001, the principal and interest collected during the preceding calendar month, net of certain adjustments as provided for in the Sale and Servicing Agreement, dated as of April 26, 2001 (the "Agreement"), among Nissan Auto Receivables 2001-B Owner Trust, as Issuer, Nissan Auto Receivables Corporation II, as Seller, and Nissan Motor Acceptance Corporation, as Servicer, were distributed to the holders of notes ("Noteholders") issued by Nissan Auto Receivables 2001-B Owner Trust. In accordance with the Agreement, the Servicer's Certificate, as defined in the Agreement, was furnished to the Indenture Trustee (as defined in the Agreement) for the benefit of the Noteholders. A copy of the Servicer's Certificate is being filed as Exhibit 99.1 to this Current Report on Form 8-K.

Item 7(c).	Exhibits.
	The exhibit number corresponds with Item 601(a) of Regulation S-K.
	Exhibit No.	Description
	99.1	Servicer's Certificate for the month of ~~June~~July 2001

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on behalf of the undersigned thereunto duly authorized.

	NISSAN AUTO RECEIVABLES CORPORATION II

	By:	/s/
	Name: Title:	Joji Tagawa Treasurer

~~July~~August 1827, 2001

EXHIBIT INDEX

Exhibit No.	Description	Sequentially Numbered Page
99.1	Servicer's Certificate for the month of ~~June~~July 2001	5

Nissan Auto Receivables 2001-B Servicer's Certificate for the month of ~~June~~July 2001 Exhibit 99.1

Collection Period

~~Jun~~Jul-01

30/360 Days

Distribution Date

1615-~~Jul~~Aug-01

Actual/360 Days

3130

	Coupon Rate	Initial Balance	Beginning Balance	Ending Balance	Pool Factor
Total Portfolio		1,283,773,137.44	1,~~210~~172,~~093~~916,~~871~~842.6027	1,~~172~~133,~~916~~339,~~842~~260.2715	0.~~913648~~882819
Total Securities		1,283,773,137.44	1,~~210~~172,~~093~~916,~~871~~842.6027	1,~~172~~133,~~916~~339,~~842~~260.2715	0.~~913648~~882819
Class A-1 Notes	4.7425%	319,000,000.00	~~245~~208,~~320~~143,~~734~~704.1683	~~208~~168,~~143~~566,~~704~~122.8371	0.~~652488~~528420
Class A-2 Notes	4.6000%	285,000,000.00	285,000,000.00	285,000,000.00	1.000000
Class A-3 Notes	4.9900%	440,000,000.00	440,000,000.00	440,000,000.00	1.000000
Class A-4 Notes	5.3500%	159,537,000.00	159,537,000.00	159,537,000.00	1.000000
Certificates	0.0000%	80,236,137.44	80,236,137.44	80,236,137.44	1.000000

	Principal Payment	Interest Payment	Principal per $1000 Face Amount	Interest per $1000 Face Amount
Class A-1 Notes	3739,~~177~~577,~~029~~582.3312	1822,~~001,845~~601.5827	~~116~~124.~~5424117~~0676555	32.~~1405818~~5786874
Class A-2 Notes	0.00	1,092,500.00	-	3.8333333
Class A-3 Notes	0.00	1,829,666.67	-	4.1583333
Class A-4 Notes	0.00	711,269.13	-	4.4583333
Certificates	0.00	0.00	-	-
Total Securities	3739,~~177~~577,~~029~~582.3312	4,~~635~~456,~~281~~037.3806

I. COLLECTIONS

Interest:

Interest Collections	6,~~890~~722,~~481~~817.4756
Repurchased Loan Proceeds Related to Interest	0.00
Total Interest Collections	6,~~890~~722,~~481~~817.4756
Principal:
Principal Collections	3638,~~511~~747,~~723~~815.6458
Repurchased Loan Proceeds Related to Principal	0.00
Total Principal Collections	3638,~~511~~747,~~723~~815.6458
Recoveries of Defaulted Receivables	48234,~~800~~501.0001
Investment Earnings on Yield Supplement Account	5248,~~662~~356.1740
Release from the Yield Supplement Account	1,~~108~~158,~~281~~880.1996
Servicer Advances	~~336~~266,~~592~~308.1559
Total Collections	4447,~~948~~178,~~540~~680.6210

II. COLLATERAL POOL BALANCE DATA

Number

Amount

Pool Balance - Beginning of Period

8382,~~814~~818

1,~~210~~172,~~093~~916,~~871~~842.6027

Total Principal Collections

3638,~~511~~747,~~723~~815.6458

Principal Amount of Gross Losses

~~665~~829,~~305~~766.6954

Pool Balance - End of Period

8281,~~818~~672

1,~~172~~133,~~916~~339,~~842~~260.2715

III. DISTRIBUTIONS

Total Collections

4447,~~948~~178,~~540~~680.6210

Reserve Account Draw

0.00

Total Available for Distribution

4447,~~948~~178,~~540~~680.6210

1. Reimbursement of Advance

~~356~~336,~~441~~592.8915

2. Servicing Fee:

Servicing Fee Due

1977,~~008,411~~430.5670

Servicing Fee Paid

1977,~~008,411~~430.5670

Servicing Fee Shortfall

0.00

3. Interest:

Class A-1 Notes Monthly Interest

Class A-1 Notes Interest Carryover Shortfall

0.00

Class A-1 Notes Interest on Interest Carryover Shortfall

0.00

Class A-1 Notes Monthly Interest Distributable Amount

1822,~~001,845~~601.5827

Class A-1 Notes Monthly Interest Paid

1822,~~001,845~~601.5827

Change in Class A-1 Notes Interest Carryover Shortfall

0.00

Class A-2 Notes Monthly Interest

Class A-2 Notes Interest Carryover Shortfall

0.00

Class A-2 Notes Interest on Interest Carryover Shortfall

0.00

Class A-2 Notes Monthly Interest Distributable Amount

1,092,500.00

Class A-2 Notes Monthly Interest Paid

1,092,500.00

Change in Class A-2 Notes Interest Carryover Shortfall

0.00

Class A-3 Notes Monthly Interest

Class A-3 Notes Interest Carryover Shortfall

0.00

Class A-3 Notes Interest on Interest Carryover Shortfall

0.00

Class A-3 Notes Monthly Interest Distributable Amount

1,829,666.67

Class A-3 Notes Monthly Interest Paid

1,829,666.67

Change in Class A-3 Notes Interest Carryover Shortfall

0.00

Class A-4 Notes Monthly Interest

Class A-4 Notes Interest Carryover Shortfall

0.00

Class A-4 Notes Interest on Interest Carryover Shortfall

0.00

Class A-4 Notes Monthly Interest Distributable Amount

711,269.13

Class A-4 Notes Monthly Interest Paid

711,269.13

Change in Class A-4 Notes Interest Carryover Shortfall

0.00

Total Note Monthly Interest

Total Note Monthly Interest Due

4,~~635~~456,~~281~~037.3806

Total Note Monthly Interest Paid

4,~~635~~456,~~281~~037.3806

Total Note Interest Carryover Shortfall

0.00

Change in Total Note Interest Carryover Shortfall

0.00

Total Available for Principal Distribution

3841,~~948~~408,~~405~~620.7919

4. Total Monthly Principal Paid on the Notes

3739,~~177~~577,~~029~~582.3312

Total Noteholders' Principal Carryover Shortfall

0.00

Total Noteholders' Principal Distributable Amount

3739,~~177~~577,~~029~~582.3312

Change in Total Noteholders' Principal Carryover Shortfall

0.00

5. Total Monthly Principal Paid on the Certificates

0.00

Total Certificateholders' Principal Carryover Shortfall

0.00

Total Certificateholders' Principal Distributable Amount

0.00

Change in Total Certificateholders' Principal Carryover Shortfall

0.00

Remaining Available Collections

1,~~771~~831,~~376~~038.4607

Deposit from Remaining Available Collections to fund Reserve Account

0.00

Remaining Available Collections Released to Seller

1,~~771~~831,~~376~~038.4607

IV. YIELD SUPPLEMENT ACCOUNT

Beginning Yield Supplement Account Balance

1615,~~445~~658,~~584~~625.2211

Release to Collection Account

~~786~~812,~~959~~988.1178

Ending Yield Supplement Account Balance

1514,~~658~~845,~~625~~636.1133

Monthly Income from Non-Financial Asset

~~321~~345,~~322~~892.0818

Total Release from YSA (net of monthly interest)

1,~~108~~158,~~281~~880.1996

V. RESERVE ACCOUNT

Initial Reserve Account Amount									9,628,298.53
Required Reserve Account Amount									9,628,298.53
Beginning Reserve Account Balance									9,628,298.53
Ending Reserve Account Balance									9,628,298.53

Reserve Account Triggers	Test Ratio	Actual Ratio	Result
Average Three Period Delinquency Percentage	2.00%	0.0508%	Pass
Average Three Period Charge Off Rate	3.25%	0.3050%	Pass

Required Reserve Account Amount for Next Period

9,628,298.53

VI. POOL STATISTICS

Weighted Average Coupon

6.83%

Weighted Average Remaining Maturity

4645.8696

Principal Recoveries of Defaulted Receivables

48234,~~800~~501.0001

Principal on Defaulted Receivables

~~665~~829,~~305~~766.6954

Pool Balance at Beginning of Collection Period

1,~~210~~172,~~093~~916,~~871~~842.6027

Net Loss Ratio

0.61%

Net Loss Ratio for Second Preceding Collection Period

0.0028%

Net Loss Ratio for Preceding Collection Period

0.2861%

Net Loss Ratio for Current Collection Period

0.61%

Average Net Loss Ratio

0.3050%

Cumulative Net Losses for all Periods

~~912~~1,~~867~~508,132.2780

Delinquent Receivables:

Amount

Number

31-60 Days Delinquent

67,~~477~~843,~~569~~318.3008

~~422~~524

61-90 Days Delinquent

~~853~~1,~~375~~143,648.3662

5274

91-120 Days Delinquent

~~177~~317,~~058~~947.1443

1218

Total Delinquent Receivables:

79,~~508~~304,~~002~~914.8013

~~486~~616

60+ Days Delinquencies as Percentage of Receivables

0.0913%

0.0811%

Delinquency Ratio for Second Preceding Collection Period

0.0006%

Delinquency Ratio for Preceding Collection Period

0.0608%

Delinquency Ratio for Current Collection Period

0.0811%

Average Delinquency Ratio

0.0508%

Filing Compare · NISSAN AUTO RECEIVABLES 2001-B OWNER TRUST