================================================================================


                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549



                                    FORM 10-Q/A


(Mark One)
 X  QUARTERLY REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF
--- 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2001, OR

    TRANSITION REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF
--- 1934 FOR THE TRANSITION PERIOD FROM            TO
                                        ----------    -----------


                                      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)

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

The registrant  meets the conditions set forth in General  Instruction  H(1) (a)
and (b) of Form  10-Q  and is  therefore  filing  this  Form  with  the  reduced
disclosure format.

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by  Section 13 of the  Securities  Exchange  Act of 1934  during the
preceding 12 months,  and (2) has been subject to such filing  requirements  for
the past 90 days. Yes X . No    .
                     ---     ---

As of June 30, 2001,  there were  outstanding  10 shares of the issuer's  common
stock.

Documents incorporated by reference.  None.
                                      -----
================================================================================




                                   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.

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



                           s/    WILLIAM F. MUIR
Dated:   August 29, 2001   --------------------------------------------------
         ---------------   William F. Muir, Executive Vice
                           President and Chief Financial Officer and Director

                           s/    GERALD E. GROSS
Dated:   August 29, 2001   --------------------------------------------------
         ---------------   Gerald E. Gross, Controller and
                           Principal Accounting Officer






                                                                                            Exhibit 20
                                                                                            Page 2 of 8
                      GENERAL MOTORS ACCEPTANCE CORPORATION
                        CONSOLIDATED STATEMENT OF INCOME,
                 NET INCOME RETAINED FOR USE IN THE BUSINESS AND
                              COMPREHENSIVE INCOME

                                                                          Period Ended June 30,
                                                             ------------------------------------------
                                                                Second Quarter          Six Months
                                                             --------------------  --------------------
                                                                2001      2000       2001       2000
                                                             ---------  ---------  ---------  ---------
                                                                      (in millions of dollars)
Financing Revenue
                                                                                  
Retail and lease financing                                   $ 1,276.4  $ 1,127.4  $ 2,504.5  $ 2,271.8
Operating leases                                               1,857.4    1,996.3    3,778.1    4,008.2
Wholesale, commercial and other loans                            624.6      704.2    1,377.2    1,327.3
                                                             ---------  ---------  ---------  ---------
   Total financing revenue                                     3,758.4    3,827.9    7,659.8    7,607.3
Interest and discount                                          1,945.3    2,027.3    4,065.4    3,936.9
Depreciation on operating leases                               1,197.3    1,282.3    2,473.1    2,612.7
                                                             ---------  ---------  ---------  ---------
   Net financing revenue                                         615.8      518.3    1,121.3    1,057.7
Insurance premiums earned                                        500.9      466.0    1,004.7      928.1
Mortgage revenue                                               1,381.2      877.0    2,571.5    1,736.8
Other income                                                     777.4      584.5    1,558.4    1,104.1
                                                             ---------  ---------  ---------  ---------
   Net financing revenue and other                             3,275.3    2,445.8    6,255.9    4,826.7
                                                             ---------  ---------  ---------  ---------

Expenses
Salaries and benefits                                            512.2      452.9    1,019.0      922.6
Amortization of intangibles                                      321.8      150.7      525.9      304.8
Other operating expenses                                       1,009.1      715.1    1,922.5    1,373.1
Insurance losses and loss adjustment expenses                    473.2      369.7      873.9      730.1
Provision for credit losses                                      275.3      130.3      535.7      237.7
                                                             ---------  ---------  ---------  ---------

   Total expenses                                              2,591.6    1,818.7    4,877.0    3,568.3
                                                         ---------  ---------  ---------  ---------

Income before income taxes                                       683.7      627.1    1,378.9    1,258.4
United States, foreign and other income taxes                    234.3      232.0      498.8      466.0
                                                             ---------  ---------  ---------  ---------
Income before cumulative effect of accounting change             449.4      395.1      880.1      792.4
Cumulative effect of accounting change                            --         --         34.3       --
                                                             ---------  ---------  ---------  ---------
Net Income                                                       449.4      395.1      914.4      792.4

Retained earnings at beginning of the period                   9,028.5    9,201.2    9,028.5    8,803.9
                                                             ---------  ---------  ---------  ---------
Total                                                          9,477.9    9,596.3    9,942.9    9,596.3
Cash dividends                                                    --         --         --         --
                                                             ---------  ---------  ---------  ---------
   Retained Earnings At End Of The Period                      9,477.9    9,596.3    9,942.9    9,596.3
                                                             =========  =========  =========  =========

Total Comprehensive Income                                   $   447.2  $   300.6  $   689.9  $   657.5
                                                             =========  =========  =========  =========




Certain   amounts  for  2000  have  been   reclassified  to  conform  with  2001
classifications. Reference should be made to the Notes to Consolidated Financial
Statements.