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):

~~January~~February 15, 2002

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 ~~January~~February 15, 2002, 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 ~~December~~January ~~2001~~2002

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

~~January~~February 2515, 2002

EXHIBIT INDEX

Exhibit No.	Description	Sequentially Numbered Page
99.1	Servicer's Certificate for the month of ~~December~~January ~~2001~~2002	5

Nissan Auto Receivables 2001-B Servicer's Certificate for the month of ~~December~~January ~~2001~~2002 Exhibit 99.1

Collection Period

~~Dec~~Jan-0102

30/360 Days

Distribution Date

15-~~Jan~~Feb-02

Actual/360 Days

2931

	Coupon Rate	Initial Balance	Beginning Balance	Ending Balance	Pool Factor
Total Portfolio		1,283,773,137.44	~~978~~939,~~398~~668,~~120~~088.4591	~~939~~898,~~668~~165,~~088~~005.9150	0.~~731958~~699629
Total Securities		1,283,773,137.44	~~978~~939,~~398~~668,~~120~~088.4591	~~939~~898,~~668~~165,~~088~~005.9150	0.~~731958~~699629
Class A-1 Notes	4.7425%	319,000,000.00	~~13,624,983~~0.0100	0.00	0.000000
Class A-2 Notes	4.6000%	285,000,000.00	~~285~~259,~~000~~894,~~000~~951.0047	~~259~~218,~~894~~391,~~951~~868.4706	0.~~911912~~766287
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

~~13,624,983~~0.0100

~~52,052~~0.1700

~~42.7115455~~-

~~0.1631729~~-

Class A-2 Notes

2541,~~105~~503,~~048~~083.5341

1996,~~092,500~~263.0098

88145.~~0878896~~6248541

3.~~8333333~~4956631

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

Total Securities

3841,~~730~~503,~~031~~083.5441

3,~~685~~537,~~487~~199.9677

I. COLLECTIONS

Interest:

Interest Collections	~~5,608,807.79~~	5,671,191.66
Repurchased Loan Proceeds Related to Interest	~~0.00~~	0.00
Total Interest Collections	~~5,608,807.79~~	5,671,191.66
Principal:
Principal Collections	~~37,821,243.27~~	40,343,876.93
Repurchased Loan Proceeds Related to Principal	~~0.00~~	0.00
Total Principal Collections	~~37,821,243.27~~	40,343,876.93
Recoveries of Defaulted Receivables	~~634,283.29~~	532,623.27
Investment Earnings on Yield Supplement Account	~~21,423.05~~	15,598.68
Release from the Yield Supplement Account	~~982,316.42~~	1,028,957.42
Servicer Advances	~~169,640.14~~	0.00
Total Collections	~~45,237,713.96~~	47,592,247.96

II. COLLATERAL POOL BALANCE DATA

Number

Amount

Pool Balance - Beginning of Period

7675,~~692~~334

~~978~~939,~~398~~668,~~120~~088.4591

Total Principal Collections

3740,~~821~~343,~~243~~876.2793

Principal Amount of Gross Losses

~~908~~1,~~788~~159,206.2748

Pool Balance - End of Period

7573,~~334~~749

~~939~~898,~~668~~165,~~088~~005.9150

III. DISTRIBUTIONS

Total Collections

4547,~~237~~592,~~713~~247.96

Reserve Account Draw

0.00

Total Available for Distribution

4547,~~237~~592,~~713~~247.96

1. Reimbursement of Advance

~~246~~169,~~154~~640.4214

2. Servicing Fee:

Servicing Fee Due

~~815~~783,~~331~~056.7774

Servicing Fee Paid

~~815~~783,~~331~~056.7774

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

~~52,052~~0.1700

Class A-1 Notes Monthly Interest Paid

~~52,052~~0.1700

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

1996,~~092,500~~263.0098

Class A-2 Notes Monthly Interest Paid

1996,~~092,500~~263.0098

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

3,~~685~~537,~~487~~199.9677

Total Note Monthly Interest Paid

3,~~685~~537,~~487~~199.9677

Total Note Interest Carryover Shortfall

0.00

Change in Total Note Interest Carryover Shortfall

0.00

Total Available for Principal Distribution

4043,~~490~~102,~~739~~351.8231

4. Total Monthly Principal Paid on the Notes

3841,~~730~~503,~~031~~083.5441

Total Noteholders' Principal Carryover Shortfall

0.00

Total Noteholders' Principal Distributable Amount

3841,~~730~~503,~~031~~083.5441

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,~~760~~599,~~708~~267.2890

Deposit from Remaining Available Collections to fund Reserve Account

0.00

Remaining Available Collections Released to Seller

1,~~760~~599,~~708~~267.2890

IV. YIELD SUPPLEMENT ACCOUNT

Beginning Yield Supplement Account Balance

11,~~942~~242,~~140~~875.9406

Release to Collection Account

~~699~~733,~~265~~068.8876

Ending Yield Supplement Account Balance

1110,~~242~~509,~~875~~806.0630

Monthly Income from Non-Financial Asset

~~283~~295,~~050~~888.5466

Total Release from YSA (net of monthly interest)

~~982~~1,~~316~~028,957.42

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%	0.1924%	Pass
Average Three Period Charge Off Rate	3.25%	0.7157%	Pass

Required Reserve Account Amount for Next Period

9,628,298.53

VI. POOL STATISTICS

Weighted Average Coupon

6.82%

Weighted Average Remaining Maturity

4140.5762

Principal Recoveries of Defaulted Receivables

~~634~~532,~~283~~623.2927

Principal on Defaulted Receivables

~~908~~1,~~788~~159,206.2748

Pool Balance at Beginning of Collection Period

~~978~~939,~~398~~668,~~120~~088.4591

Net Loss Ratio

0.3480%

Net Loss Ratio for Second Preceding Collection Period

10.2158%

Net Loss Ratio for Preceding Collection Period

0.5834%

Net Loss Ratio for Current Collection Period

0.3480%

Average Net Loss Ratio

0.7157%

Cumulative Net Losses for all Periods

45,~~380~~007,~~421~~004.7293

Delinquent Receivables:

Amount

Number

31-60 Days Delinquent

1210,~~381~~574,~~402~~122.7576

~~883~~766

61-90 Days Delinquent

2,~~385~~511,~~875~~371.7532

~~165~~180

91-120 Days Delinquent

~~383~~504,~~473~~421.4947

2737

Total Delinquent Receivables:

1513,~~150~~589,~~751~~915.9955

~~1,075~~983

60+ Days Delinquencies as Percentage of Receivables

0.2934%

0.2529%

Delinquency Ratio for Second Preceding Collection Period

0.1418%

Delinquency Ratio for Preceding Collection Period

0.1825%

Delinquency Ratio for Current Collection Period

0.2529%

Average Delinquency Ratio

0.1924%

Filing Compare · NISSAN AUTO RECEIVABLES 2001-B OWNER TRUST