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):

~~August~~September 1517, 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 ~~August~~September 1517, 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 ~~July~~August 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

~~August~~September 2728, 2001

EXHIBIT INDEX

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

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

Collection Period

~~Jul~~Aug-01

30/360 Days

Distribution Date

1517-~~Aug~~Sep-01

Actual/360 Days

3033

	Coupon Rate	Initial Balance	Beginning Balance	Ending Balance	Pool Factor
Total Portfolio		1,283,773,137.44	1,~~172~~133,~~916~~339,~~842~~260.2715	1,~~133~~092,~~339~~689,~~260~~622.1558	0.~~882819~~851155
Total Securities		1,283,773,137.44	1,~~172~~133,~~916~~339,~~842~~260.2715	1,~~133~~092,~~339~~689,~~260~~622.1558	0.~~882819~~851155
Class A-1 Notes	4.7425%	319,000,000.00	~~208~~168,~~143~~566,~~704~~122.8371	~~168~~127,~~566~~916,~~122~~485.7114	0.~~528420~~400992
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	3940,~~577~~649,~~582~~637.1257	~~822~~732,~~601~~806.2710	~~124~~127.~~0676555~~4283309	2.~~5786874~~2971978
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	3940,~~577~~649,~~582~~637.1257	4,~~456~~366,~~037~~241.0689

I. COLLECTIONS

Interest:

Interest Collections	6,~~722~~691,~~817~~927.5614
Repurchased Loan Proceeds Related to Interest	0.00
Total Interest Collections	6,~~722~~691,~~817~~927.5614
Principal:
Principal Collections	3839,~~747~~599,~~815~~792.5899
Repurchased Loan Proceeds Related to Principal	0.00
Total Principal Collections	3839,~~747~~599,~~815~~792.5899
Recoveries of Defaulted Receivables	~~234~~527,~~501~~971.0149
Investment Earnings on Yield Supplement Account	4843,~~356~~819.4077
Release from the Yield Supplement Account	1,~~158~~140,~~880~~146.9694
Servicer Advances	~~266,308~~0.5900
Total Collections	4748,~~178~~003,~~680~~658.1033

II. COLLATERAL POOL BALANCE DATA

Number

Amount

Pool Balance - Beginning of Period

8281,~~818~~672

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

Total Principal Collections

3839,~~747~~599,~~815~~792.5899

Principal Amount of Gross Losses

~~829~~1,~~766~~049,844.5458

Pool Balance - End of Period

8180,~~672~~453

1,~~133~~092,~~339~~689,~~260~~622.1558

III. DISTRIBUTIONS

Total Collections

4748,~~178~~003,~~680~~658.1033

Reserve Account Draw

0.00

Total Available for Distribution

4748,~~178~~003,~~680~~658.1033

1. Reimbursement of Advance

~~336~~266,~~592~~308.1559

2. Servicing Fee:

Servicing Fee Due

~~977~~944,~~430~~449.7038

Servicing Fee Paid

~~977~~944,~~430~~449.7038

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

~~822~~732,~~601~~806.2710

Class A-1 Notes Monthly Interest Paid

~~822~~732,~~601~~806.2710

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,~~456~~366,~~037~~241.0689

Total Note Monthly Interest Paid

4,~~456~~366,~~037~~241.0689

Total Note Interest Carryover Shortfall

0.00

Change in Total Note Interest Carryover Shortfall

0.00

Total Available for Principal Distribution

4142,~~408~~426,~~620~~658.1946

4. Total Monthly Principal Paid on the Notes

3940,~~577~~649,~~582~~637.1257

Total Noteholders' Principal Carryover Shortfall

0.00

Total Noteholders' Principal Distributable Amount

3940,~~577~~649,~~582~~637.1257

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,~~831~~777,~~038~~020.0789

Deposit from Remaining Available Collections to fund Reserve Account

0.00

Remaining Available Collections Released to Seller

1,~~831~~777,~~038~~020.0789

IV. YIELD SUPPLEMENT ACCOUNT

Beginning Yield Supplement Account Balance

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

Release to Collection Account

~~812~~788,~~988~~496.7832

Ending Yield Supplement Account Balance

14,~~845~~057,~~636~~140.3301

Monthly Income from Non-Financial Asset

~~345~~351,~~892~~650.1862

Total Release from YSA (net of monthly interest)

1,~~158~~140,~~880~~146.9694

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%	0.0811%	Pass
Average Three Period Charge Off Rate	3.25%	0.5059%	Pass

Required Reserve Account Amount for Next Period

9,628,298.53

VI. POOL STATISTICS

Weighted Average Coupon

6.83%

Weighted Average Remaining Maturity

45.9604

Principal Recoveries of Defaulted Receivables

~~234~~527,~~501~~971.0149

Principal on Defaulted Receivables

~~829~~1,~~766~~049,844.5458

Pool Balance at Beginning of Collection Period

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

Net Loss Ratio

0.6155%

Net Loss Ratio for Second Preceding Collection Period

0.2861%

Net Loss Ratio for Preceding Collection Period

0.61%

Net Loss Ratio for Current Collection Period

0.6155%

Average Net Loss Ratio

0.5059%

Cumulative Net Losses for all Periods

12,~~508~~030,~~132~~005.8089

Delinquent Receivables:

Amount

Number

31-60 Days Delinquent

7,~~843~~854,~~318~~061.0839

~~524~~537

61-90 Days Delinquent

1,~~143~~327,~~648~~902.6244

7487

91-120 Days Delinquent

~~317~~260,~~947~~963.4333

1816

Total Delinquent Receivables:

9,~~304~~442,~~914~~927.1316

~~616~~640

60+ Days Delinquencies as Percentage of Receivables

0.1315%

0.1113%

Delinquency Ratio for Second Preceding Collection Period

0.0608%

Delinquency Ratio for Preceding Collection Period

0.0811%

Delinquency Ratio for Current Collection Period

0.1113%

Average Delinquency Ratio

0.0811%

Filing Compare · NISSAN AUTO RECEIVABLES 2001-B OWNER TRUST