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                                  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


                                October 17, 2005
                            (Date of report; date of
                            earliest event reported)


                         Commission file number: 1-3754


                      GENERAL MOTORS ACCEPTANCE CORPORATION
             (Exact name of registrant as specified in its charter)


                   Delaware                                38-0572512
        (State or other jurisdiction of                 (I.R.S. Employer
        incorporation or organization)                 Identification No.)


                             200 Renaissance Center
                         P.O. Box 200 Detroit, Michigan
                                   48265-2000
                    (Address of principal executive offices)
                                   (Zip Code)

                                 (313) 556-5000
              (Registrant's telephone number, including area code)


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

[ ] Written communications pursuant to Rule 425 under the Securities Act 
    (17 CFR 230.425)    
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act 
    (17 CFR 240.14a-12)    
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the 
    Exchange Act (17 CFR 240.14d-2(b))    
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the 
    Exchange Act (17 CFR 240.13e-4(c))





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Item  2.02  Results of Operations and Financial Condition

                    GMAC THIRD QUARTER 2005 EARNINGS SUMMARY

General Motors Acceptance Corporation (GMAC) earned $675 million in the third
quarter of 2005, representing an increase of $55 million from third quarter 2004
earnings of $620 million. Third quarter 2005 earnings represent a record third
quarter for GMAC and were achieved despite the unfavorable impact of Hurricane
Katrina and continued negative credit rating agency actions. The increase in
third quarter earnings was due to the strong performance of GMAC's Mortgage
operations which more than offset lower earnings from financing and a modest 
decline in insurance earnings as compared to the prior year. As a result of 
Hurricane Katrina GMAC's third quarter earnings were negatively impacted by 
approximately $161 million with the majority of the impact related to credit
losses in our lending businesses - both auto finance and mortgage - with less 
significant losses in the insurance business. In addition to strong quarterly 
earnings, GMAC continued to maintain adequate liquidity, with cash reserve 
balances at September 30, 2005 of $24.3 billion, comprised of $21.8 billion in 
cash and cash equivalents and $2.5 billion invested in marketable securities. 
GMAC also provided a significant source of cash flow to GM through the payment 
of a $500 million dividend in the third quarter, bringing total year to date 
dividends paid to its parent to $1.5 billion.

Net income from Financing operations totaled $178 million in the third quarter
of 2005, as compared with $259 million earned in the same period of the prior
year. The decrease reflects the unfavorable impact of reserves for Hurricane
Katrina and lower net interest margins as a result of increased borrowing costs.
The reserves for Hurricane Katrina and the decline in net interest margins were
somewhat mitigated by the impact of improved used vehicle prices on terminating
leases and favorable consumer credit provision primarily as a result of lower 
asset levels in the third quarter of 2005 as compared to the third quarter of 
2004.

Mortgage operations earned record quarterly earnings of $408 million in the
third quarter of 2005, an increase of 53% from the $266 million earned in the
third quarter of the prior year, reflecting increases in both the residential 
and commercial mortgage operations. GMAC's residential mortgage businesses
benefited from increased gains on sales of mortgages and certain investment 
securities. In addition, improved servicing results net of hedging activities 
contributed to the increase in third quarter earnings. GMAC Commercial Mortgage 
also experienced an increase in third quarter earnings as compared to the prior 
year largely due to increases in fee and investment income. In August 2005 GMAC 
entered into a definitive agreement to sell a sixty percent interest in GMAC 
Commercial Mortgage with the transaction expected to close around year-end.

GMAC's Insurance operations earned $89 million in the third quarter of 2005,
consistent with $95 million earned in the third quarter of 2004. Earnings are
strong despite an unfavorable impact due to reserves for Hurricane Katrina.
Strong net underwriting revenue and favorable non-weather related loss
experience contributed to the strength in earnings. In addition, GMAC Insurance
maintained a strong investment portfolio, with a market value of $7.8 billion at
September 30, 2005, including net unrealized gains of $563 million.

For the fourth quarter of 2005, GMAC expects solid operating results, with net
income expected to exceed $2.5 billion for the full year, while continuing to be
a significant contributor to GM's cash flow, with expected dividends to GM in
2005 in excess of $2 billion.

                                     * * * *

This earnings summary contains various forward-looking statements within the
meaning of applicable federal securities laws that are based upon GMAC's current
expectations and assumptions concerning future events, which are subject to a
number of risks and uncertainties that could cause actual results to differ
materially from those anticipated.


                                   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 hereunto duly authorized.

                                     GENERAL MOTORS ACCEPTANCE CORPORATION
                                     -------------------------------------
                                     (Registrant)



Dated:        October 17, 2005       /s/  SANJIV KHATTRI
              ----------------       -------------------------------------
                                     Sanjiv Khattri
                                     Executive Vice President,
                                     Chief Financial Officer and Director


Dated:        October 17, 2005       /s/  LINDA K. ZUKAUCKAS
              ----------------       -------------------------------------
                                     Linda K. Zukauckas
                                     Vice President and Corporate Controller