SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C. 20549

                                FORM 10-K

(Mark One)

 XX ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
----EXCHANGE ACT OF 1934 (FEE REQUIRED)

For the fiscal year ended DECEMBER 31, 1995

                    OR

    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE 
----SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)

For the transition period from                 to  
                              -----------------  ------------------

Commission file number 33-57273



                     FORD CREDIT 1995-A GRANTOR TRUST
          (Ford Credit Auto Receivables Corporation - Originator) 
           -----------------------------------------------------
           (Exact name of registrant as specified in its charter)


State of Incorporation:  Delaware


Employer Identification No.:  38-2973806


Address of principal executive offices:  The American Road
                                         Dearborn, Michigan 48121


Registrant's telephone number, including area code:  (313)322-3000

Securities registered pursuant to Section 12(b) of the Act:  NONE

Securities registered pursuant to Section 12(g) of the Act:  NONE

     Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(c) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90
days.    XX  Yes       No
       ------    ------<PAGE>
<Page 2>                          PART I.
ITEM 1.  BUSINESS

Ford Credit Auto Receivables Corporation ("FCARC") established the
Ford Credit 1995-A Grantor Trust (the "Trust") as of July 1, 1995
by selling and assigning to Chemical Bank, as Trustee (the "Trustee"),
property including a pool of retail installment sale contracts secured
by new and used automobiles and light trucks (the "Receivables"),
certain monies due thereunder, security interests in the vehicles
financed thereby and certain other property in exchange for 5.90% Asset
Backed Certificates representing fractional undivided interests in the Trust
(the "Certificates") consisting of two Classes of Certificates:  a)
the Class A Certificates evidencing in the aggregate an undivided
ownership interest of 93.5% of the Trust, which were sold to the public,
and b) the Class B Certificate evidencing in the aggregate an
undivided ownership interest of 6.5% of the Trust, which was retained
by FCARC.  The Trust does not intend to acquire additional retail
installment sale contracts and therefore the Receivable portfolio will
continue to liquidate.

Ford Motor Credit Company ("Ford Credit") services the Receivables
pursuant to a Pooling and Servicing Agreement dated as of July 1,
1995 (the "Agreement") and is compensated for acting as the Servicer. 
In order to facilitate its servicing functions and minimize
administrative burdens and expenses, Ford Credit, as Servicer, retains
physical possession of the Receivables and documents relating thereto
as custodian for the Trustee.

The rights of the holders of the Class B Certificates to receive
distributions with respect to the Receivables are subordinated, to the
extent described in the Agreement, to the rights of the holders of the
Class A Certificates.

ITEM 2.  PROPERTIES

The property of the Trust includes retail installment sale contracts
originated on or after January 1, 1994 between dealers (the "Dealers")
and retail purchasers (the "Obligors") secured by new and used
automobiles and light trucks (the "Financed Vehicles") and, in
general, all payments due thereunder on or after July 1, 1995 (the
"Cutoff Date").

The Receivables were originated by Dealers in accordance with Ford
Credit's requirements under agreements with Dealers, for assignment to
Ford Credit, have been so assigned and were sold to FCARC by Ford
Credit pursuant to a Purchase Agreement dated July 1, 1995
("Purchase Agreement), are serviced by Ford Credit, and evidence the
indirect financing made available by Ford Credit to the Obligors.  The
property of the Trust also includes (i) such amounts as from time to
time may be held in separate trust accounts established and maintained
pursuant to the Agreement, and the proceeds of such accounts, (ii)
<PAGE>
<Page 3>

security interests in the Financed Vehicles and any accessions
thereto, (iii) any Dealer Recourse, (iv) the right to proceeds of
credit life, credit disability, and physical damage insurance policies
covering the Financed Vehicles, (v) the rights of FCARC under the
Purchase Agreement and (vi) certain rebates of premiums and other
amounts relating to certain insurance policies and other items
financed under the Receivables in effect as of the July 1, 1995
(the "Cutoff Date").

Additionally, pursuant to agreements between Ford Credit and the
Dealers, the Dealers are obligated to repurchase from Ford Credit
Receivables which do not meet certain representations made by the
Dealers, as well as those covered by recourse plans ("Dealer
Recourse").

The Receivables were purchased by Ford Credit in the ordinary course
of business in accordance with Ford Credit's underwriting standards,
which emphasize the Obligor's ability to pay and creditworthiness, as
well as the asset value of the Financed Vehicle.

The Receivables were selected from Ford Credit's portfolio by several
criteria, including the following:  each Receivable (i) was originated
in the United States, (ii) has a contractual Annual Percentage Rate
("APR") that equals or exceeds 7.40%, (iii) provides for level monthly
payments which provide interest at the APR and fully amortize the
amount financed over an original term no greater than 60 months, (iv)
was not more than 30 days past due as of the Cutoff Date and has never
been extended, (v) is attributable to the purchase of a new or used
automobile or light truck, and (vi) was originated on or after January
1, 1994.

The Receivables were selected at random from Ford Credit's retail
installment sale contracts meeting the criteria described above, and
no selection procedures believed to be adverse to the
Certificateholders were utilized in selecting the Receivables from
qualifying retail installment sale contracts.

In addition to required repurchases by the Dealers in cases of
misrepresentations as stated above, on January 1, 1994, less than 
2.0% of the Receivables provided recourse to the Dealer which originated 
the Receivables.  Dealers are generally obligated under these recourse
plans for payment of the unpaid principal balance of a defaulted
contract, unless Ford Credit fails to repossess the vehicle and
deliver it to the Dealer within 90 days after default.  The Dealer's
obligation generally terminates after the first 24 monthly payments
are made under the related contract.

<PAGE>
<Page 4>
All the Receivables are prepayable at any time.  If prepayments are
received on the Receivables, the actual weighted average life of the
Receivables will be shorter than that scheduled weighted average life,
which is based on the assumptions that payments will be made as
scheduled, and that no prepayments will be made.  (For this purpose
the term "prepayments" includes liquidations due to default, as well
as receipt of proceeds from credit life, credit disability, and
casualty insurance policies.)  Weighted average life means the average
amount of time during which each dollar of principal on a receivable
is outstanding.

The rate of prepayments on the Receivables may be influenced by a
variety of economic, social and other factors, including the fact that
an Obligor may not sell or transfer a Financed Vehicle without the
consent of Ford Credit.  Ford Credit believes that the actual rate of
prepayments will result in a substantially shorter weighted average
life than the scheduled weighted average life of 23.65 months.  Based
on the historical performance of Ford Credit's portfolio of U. S.
retail installment sale contracts for new and used automobiles and
light trucks (including previously sold contracts which Ford Credit
continues to service), the average effective term of such contracts 
ranges between 67% and 70% of their scheduled contractual term.

As of December 31, 1995, the pool consisted of 92,372 Receivables, of
which 1,414, representing payments of $14,289,733, were delinquent 30 -
59 days; 106, representing payments of $1,192,162, were delinquent 60 -
89 days; 11, representing payments of $125,530, were delinquent 90 -
119 days; and 4, representing payments of $29,612 were delinquent over
120 days.

Additional information concerning the pool balance, payment of
principal and interest, prepayments, the servicing fee, the weighted
average maturity and seasoning, the pool factor, and other information
relating to the pool of Receivables may be obtained in the monthly reports
provided to Chemical Bank by Ford Credit as Servicer (Exhibits 19-A through
19-E).

ITEM 3.  LEGAL PROCEEDINGS

Nothing to report.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Nothing to report.
<PAGE>
<Page 5>
                               PART II.

ITEM 5.  MARKET FOR REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER
         MATTERS

There were 66 Class A Certificateholders as of January 11, 1996.  There
is no established public trading market for the Certificates.

ITEM 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTS ON ACCOUNTING AND
         FINANCIAL DISCLOSURE

Nothing to report.


                              PART III

ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
          MANAGEMENT

                                       (3) Amount and
                                           nature of
               (2) Name and Address        beneficial
(1) Title of       of beneficial            ownership    (4) Percent
    of Class       owner*                  (in thousands)    of Class
----------------------------------------------------------------------
5.90% Asset       Bank of New York         $206,215             18.6%
Backed            925 Patterson Plank Rd.
Certificates,     Secaucus, NJ 07094 
Class A

5.90% Asset       The Chase Manhattan      $255,543             23.1%
Backed              Bank, N. A.
Certificates,     1 Chase Manhattan Plaza
Class A           New York, NY 10081

5.90% Asset       SSB-Custodian            $179,369             16.2%
Backed            c/o ADP Proxy Services
Certificates,     51 Mercedes Way
Class A           Edgewood, NY 11717


*As of January 11, 1996

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Nothing to report.


<PAGE>
<Page 6>

ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS
          ON FORM 8-K.

   (a)3.  Exhibits

Designation      Description                 Method of Filing
-----------      -----------                 ----------------

Exhibit 3-A      Restated Certificate of     Filed as Exhibit 3.1 to
                 Incorporation of Ford       Ford Credit Auto
                 Credit Auto Receivables     Receivables Corporation's
                 Corporation.                Registration Statement on
                                             Form S-1 (33-39027) and
                                             incorporated herein by 
                                             reference.

Exhibit 3-B      By-Laws of Ford Credit      Filed as Exhibit 3.2 to 
                 Auto Receivables Corpora-   Ford Credit Auto Receiv-
                 tion.                       ables Corporation's
                                             Registration Statement on
                                             Form S-1 (No. 33-39027)
                                             and incorporated herein 
                                             by reference.   

Exhibit 4-A      Form of Pooling and         Filed as Exhibit 4.2 to
                 Servicing Agreement dated   Ford Credit 1995-A
                 as of July 1, 1995          Grantor Trust's Current
                 between Ford Credit Auto    Report on Form 8-K dated
                 Receivables Corporation,    August 3, 1995 and
                 as seller, Ford Credit as   incorporated herein by
                 Servicer and Chemical Bank  reference.
                 as Trustee.

Exhibit 4-B      Prospectus dated July       Filed as Exhibit 99 to
                 11, 1995, relating to sale  Ford Credit 1995-A 
                 of Ford Credit 1995-A       Grantor Trust's Current
                 Grantor Trust 5.90% Asset   Report on Form 8-K dated
                 Backed Certificates.        August 3, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-A     Report for the month ended  Filed as Exhibit 19 to
                 July 31, 1995 provided      Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       August 1, 1995 and
                                             incorporated herein by
                                             reference.

<PAGE>
<Page 7>

Exhibit 19-B    Report for the months ended  Filed as Exhibit 19 to
                August 31, and September 30, Ford Credit 1995-A 
                1995 provided to Chemical    Grantor Trust's Current
                Bank, as Trustee under Ford  Report on Form 8-K dated
                Credit 1995-A Grantor Trust. October 20, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-C     Report for the month ended  Filed as Exhibit 19 to
                 October 31, 1995 provided   Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       November 15, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-D     Report for the month ended  Filed as Exhibit 19 to
                 November 30, 1995 provided  Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       December 11, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-E     Report for the month ended  Filed as Exhibit 19 to
                 December 31, 1995 provided  Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       January 9, 1996 and
                                             incorporated herein by
                                             reference.

Exhibit 99       Selected Information        Filed with this report.
                 Relating to the 
                 Receivables.<PAGE>
<Page 8>

  (b) REPORTS ON FORM 8-K

The Ford Credit 1995-A Grantor Trust filed a Current Report on Form 8-K
dated August 3, 1995 regarding the pool of Receivables in the
Trust and the servicing thereof as described in the Pooling and
Servicing Agreement dated as of July 1, 1995 among Ford Credit Auto
Receivables Corporation, as Seller, Ford Motor Credit Company, as
Servicer and Chemical Bank, as Trustee filed as Exhibit 4.1, and the
Prospectus dated July 11, 1995 relating to the issuance of
$1,103,309,109.62 aggregate principal amount of Ford Credit 1995-A
Grantor Trust 5.90% Asset Backed Certificates, Class A filed as 
Exhibit 99.


Also, see Exhibits 19-A through 19-E.


                             SIGNATURES

Pursuant to the requirements of Section 13 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.

                                   FORD CREDIT 1995-A GRANTOR TRUST
                                   --------------------------------
                                             (Registrant)



March 22, 1996                         By: /s/Richard P. Conrad
                                       -----------------------------
                                       Richard P. Conrad
                                       (Assistant Secretary of Ford Credit
                                       Auto Receivables Corporation
                                       originator of Trust)


<PAGE>
<Page 9>     
                          EXHIBIT INDEX

Exhibit
Number           Description of Exhibit                Page
-------          ----------------------                ----

Exhibit 3-A      Restated Certificate of                 *
                 Incorporation of Ford       
                 Credit Auto Receivables     
                 Corporation.                

Exhibit 3-B      By-Laws of Ford Credit                  *
                 Auto Receivables Corpora-    
                 tion.                           

Exhibit 4-A      Form of Pooling and                     *
                 Servicing Agreement dated   
                 as of July 1, 1995       
                 between Ford Credit Auto    
                 Receivables Corporation,
                 as seller, Ford Credit as   
                 Servicer and Chemical Bank  
                 as Trustee.

Exhibit 4-B      Prospectus dated July                   *
                 11, 1995, relating to sale  
                 of Ford Credit 1994-A       
                 Grantor Trust 5.90% Asset   
                 Backed Certificates.        
                                             

Exhibit 19-A     Report for the month ended              *
                 July 31, 1995 provided     
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1995-A Grantor Trust.        

Exhibit 19-B     Report for the month ended              *
                 August 31, and September 30,
                 1995 provided to Chemical    
                 Bank, as Trustee under         
                 Ford Credit 1995-A Grantor   
                 Trust.        

Exhibit 19-C     Report for the month ended              *
                 October 31, 1995 provided       
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1995-A Grantor Trust.        
 
<PAGE>
<Page 10>

Exhibit 19-D     Report for the month ended              *  
                 November 30, 1995 provided      
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1994-5 Grantor Trust.        
                                     
Exhibit 19-E     Report for the month ended              *
                 December 31, 1995 provided         
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1995-A Grantor Trust.        

Exhibit 99       Selected Information Relating           Filed with this 
                 to the Receivables.                     Report.

-----------------
*Previously Filed
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{"company-data": {"conformed-name": "FORD CREDIT AUTO RECEIVABLES CORP", "cik": "0000872471", "assigned-sic": "6189", "irs-number": "382973806", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "033-39027", "film-number": "96537258"}, "business-address": {"street1": "THE AMERICAN ROAD", "street2": "PO BOX 6044", "city": "DEARBORN", "state": "MI", "zip": "48121", "phone": "3135947766"}, "mail-address": {"street1": "PO BOX 6044", "street2": "THE AMERICAN ROAD", "city": "DEARBORN", "state": "MI", "zip": "48121"}}
SECURITIES AND EXCHANGE COMMISSION
                        WASHINGTON, D.C. 20549

                                FORM 10-K

(Mark One)

 XX ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
----EXCHANGE ACT OF 1934 (FEE REQUIRED)

For the fiscal year ended DECEMBER 31, 1995

                    OR

    TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE 
----SECURITIES EXCHANGE ACT OF 1934 (NO FEE REQUIRED)

For the transition period from                 to  
                              -----------------  ------------------

Commission file number 33-57273

                     FORD CREDIT 1995-A GRANTOR TRUST
          (Ford Credit Auto Receivables Corporation - Originator) 
           -----------------------------------------------------
           (Exact name of registrant as specified in its charter)

State of Incorporation:  Delaware

Employer Identification No.:  38-2973806

Address of principal executive offices:  The American Road
                                         Dearborn, Michigan 48121

Registrant's telephone number, including area code:  (313)322-3000

Securities registered pursuant to Section 12(b) of the Act:  NONE

Securities registered pursuant to Section 12(g) of the Act:  NONE

     Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(c) of the Securities
Exchange Act of 1934 during the preceding 12 months (or for such
shorter period that the registrant was required to file such reports),
and (2) has been subject to such filing requirements for the past 90
days.    XX  Yes       No
       ------    ------
PART I.
ITEM 1.  BUSINESS

Ford Credit Auto Receivables Corporation ("FCARC") established the
Ford Credit 1995-A Grantor Trust (the "Trust") as of July 1, 1995
by selling and assigning to Chemical Bank, as Trustee (the "Trustee"),
property including a pool of retail installment sale contracts secured
by new and used automobiles and light trucks (the "Receivables"),
certain monies due thereunder, security interests in the vehicles
financed thereby and certain other property in exchange for 5.90% Asset
Backed Certificates representing fractional undivided interests in the Trust
(the "Certificates") consisting of two Classes of Certificates:  a)
the Class A Certificates evidencing in the aggregate an undivided
ownership interest of 93.5% of the Trust, which were sold to the public,
and b) the Class B Certificate evidencing in the aggregate an
undivided ownership interest of 6.5% of the Trust, which was retained
by FCARC.  The Trust does not intend to acquire additional retail
installment sale contracts and therefore the Receivable portfolio will
continue to liquidate.

Ford Motor Credit Company ("Ford Credit") services the Receivables
pursuant to a Pooling and Servicing Agreement dated as of July 1,
1995 (the "Agreement") and is compensated for acting as the Servicer. 
In order to facilitate its servicing functions and minimize
administrative burdens and expenses, Ford Credit, as Servicer, retains
physical possession of the Receivables and documents relating thereto
as custodian for the Trustee.

The rights of the holders of the Class B Certificates to receive
distributions with respect to the Receivables are subordinated, to the
extent described in the Agreement, to the rights of the holders of the
Class A Certificates.

ITEM 2.  PROPERTIES

The property of the Trust includes retail installment sale contracts
originated on or after January 1, 1994 between dealers (the "Dealers")
and retail purchasers (the "Obligors") secured by new and used
automobiles and light trucks (the "Financed Vehicles") and, in
general, all payments due thereunder on or after July 1, 1995 (the
"Cutoff Date").

The Receivables were originated by Dealers in accordance with Ford
Credit's requirements under agreements with Dealers, for assignment to
Ford Credit, have been so assigned and were sold to FCARC by Ford
Credit pursuant to a Purchase Agreement dated July 1, 1995
("Purchase Agreement), are serviced by Ford Credit, and evidence the
indirect financing made available by Ford Credit to the Obligors.  The
property of the Trust also includes (i) such amounts as from time to
time may be held in separate trust accounts established and maintained
pursuant to the Agreement, and the proceeds of such accounts, (ii)
security interests in the Financed Vehicles and any accessions
thereto, (iii) any Dealer Recourse, (iv) the right to proceeds of
credit life, credit disability, and physical damage insurance policies
covering the Financed Vehicles, (v) the rights of FCARC under the
Purchase Agreement and (vi) certain rebates of premiums and other
amounts relating to certain insurance policies and other items
financed under the Receivables in effect as of the July 1, 1995
(the "Cutoff Date").

Additionally, pursuant to agreements between Ford Credit and the
Dealers, the Dealers are obligated to repurchase from Ford Credit
Receivables which do not meet certain representations made by the
Dealers, as well as those covered by recourse plans ("Dealer
Recourse").

The Receivables were purchased by Ford Credit in the ordinary course
of business in accordance with Ford Credit's underwriting standards,
which emphasize the Obligor's ability to pay and creditworthiness, as
well as the asset value of the Financed Vehicle.

The Receivables were selected from Ford Credit's portfolio by several
criteria, including the following:  each Receivable (i) was originated
in the United States, (ii) has a contractual Annual Percentage Rate
("APR") that equals or exceeds 7.40%, (iii) provides for level monthly
payments which provide interest at the APR and fully amortize the
amount financed over an original term no greater than 60 months, (iv)
was not more than 30 days past due as of the Cutoff Date and has never
been extended, (v) is attributable to the purchase of a new or used
automobile or light truck, and (vi) was originated on or after January
1, 1994.

The Receivables were selected at random from Ford Credit's retail
installment sale contracts meeting the criteria described above, and
no selection procedures believed to be adverse to the
Certificateholders were utilized in selecting the Receivables from
qualifying retail installment sale contracts.

In addition to required repurchases by the Dealers in cases of
misrepresentations as stated above, on January 1, 1994, less than 
2.0% of the Receivables provided recourse to the Dealer which originated 
the Receivables.  Dealers are generally obligated under these recourse
plans for payment of the unpaid principal balance of a defaulted
contract, unless Ford Credit fails to repossess the vehicle and
deliver it to the Dealer within 90 days after default.  The Dealer's
obligation generally terminates after the first 24 monthly payments
are made under the related contract.
All the Receivables are prepayable at any time.  If prepayments are
received on the Receivables, the actual weighted average life of the
Receivables will be shorter than that scheduled weighted average life,
which is based on the assumptions that payments will be made as
scheduled, and that no prepayments will be made.  (For this purpose
the term "prepayments" includes liquidations due to default, as well
as receipt of proceeds from credit life, credit disability, and
casualty insurance policies.)  Weighted average life means the average
amount of time during which each dollar of principal on a receivable
is outstanding.

The rate of prepayments on the Receivables may be influenced by a
variety of economic, social and other factors, including the fact that
an Obligor may not sell or transfer a Financed Vehicle without the
consent of Ford Credit.  Ford Credit believes that the actual rate of
prepayments will result in a substantially shorter weighted average
life than the scheduled weighted average life of 23.65 months.  Based
on the historical performance of Ford Credit's portfolio of U. S.
retail installment sale contracts for new and used automobiles and
light trucks (including previously sold contracts which Ford Credit
continues to service), the average effective term of such contracts 
ranges between 67% and 70% of their scheduled contractual term.

As of December 31, 1995, the pool consisted of 92,372 Receivables, of
which 1,414, representing payments of $14,289,733, were delinquent 30 -
59 days; 106, representing payments of $1,192,162, were delinquent 60 -
89 days; 11, representing payments of $125,530, were delinquent 90 -
119 days; and 4, representing payments of $29,612 were delinquent over
120 days.

Additional information concerning the pool balance, payment of
principal and interest, prepayments, the servicing fee, the weighted
average maturity and seasoning, the pool factor, and other information
relating to the pool of Receivables may be obtained in the monthly reports
provided to Chemical Bank by Ford Credit as Servicer (Exhibits 19-A through
19-E).

ITEM 3.  LEGAL PROCEEDINGS

Nothing to report.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Nothing to report.
PART II.

ITEM 5.  MARKET FOR REGISTRANT'S COMMON STOCK AND RELATED STOCKHOLDER
         MATTERS

There were 66 Class A Certificateholders as of January 11, 1996.  There
is no established public trading market for the Certificates.

ITEM 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTS ON ACCOUNTING AND
         FINANCIAL DISCLOSURE

Nothing to report.

                              PART III

ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
          MANAGEMENT

                                       (3) Amount and
                                           nature of
               (2) Name and Address        beneficial
(1) Title of       of beneficial            ownership    (4) Percent
    of Class       owner*                  (in thousands)    of Class
----------------------------------------------------------------------
5.90% Asset       Bank of New York         $206,215             18.6%
Backed            925 Patterson Plank Rd.
Certificates,     Secaucus, NJ 07094 
Class A

5.90% Asset       The Chase Manhattan      $255,543             23.1%
Backed              Bank, N. A.
Certificates,     1 Chase Manhattan Plaza
Class A           New York, NY 10081

5.90% Asset       SSB-Custodian            $179,369             16.2%
Backed            c/o ADP Proxy Services
Certificates,     51 Mercedes Way
Class A           Edgewood, NY 11717

*As of January 11, 1996

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Nothing to report.
ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS
          ON FORM 8-K.

   (a)3.  Exhibits

Designation      Description                 Method of Filing
-----------      -----------                 ----------------

Exhibit 3-A      Restated Certificate of     Filed as Exhibit 3.1 to
                 Incorporation of Ford       Ford Credit Auto
                 Credit Auto Receivables     Receivables Corporation's
                 Corporation.                Registration Statement on
                                             Form S-1 (33-39027) and
                                             incorporated herein by 
                                             reference.

Exhibit 3-B      By-Laws of Ford Credit      Filed as Exhibit 3.2 to 
                 Auto Receivables Corpora-   Ford Credit Auto Receiv-
                 tion.                       ables Corporation's
                                             Registration Statement on
                                             Form S-1 (No. 33-39027)
                                             and incorporated herein 
                                             by reference.   

Exhibit 4-A      Form of Pooling and         Filed as Exhibit 4.2 to
                 Servicing Agreement dated   Ford Credit 1995-A
                 as of July 1, 1995          Grantor Trust's Current
                 between Ford Credit Auto    Report on Form 8-K dated
                 Receivables Corporation,    August 3, 1995 and
                 as seller, Ford Credit as   incorporated herein by
                 Servicer and Chemical Bank  reference.
                 as Trustee.

Exhibit 4-B      Prospectus dated July       Filed as Exhibit 99 to
                 11, 1995, relating to sale  Ford Credit 1995-A 
                 of Ford Credit 1995-A       Grantor Trust's Current
                 Grantor Trust 5.90% Asset   Report on Form 8-K dated
                 Backed Certificates.        August 3, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-A     Report for the month ended  Filed as Exhibit 19 to
                 July 31, 1995 provided      Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       August 1, 1995 and
                                             incorporated herein by
                                             reference.
Exhibit 19-B    Report for the months ended  Filed as Exhibit 19 to
                August 31, and September 30, Ford Credit 1995-A 
                1995 provided to Chemical    Grantor Trust's Current
                Bank, as Trustee under Ford  Report on Form 8-K dated
                Credit 1995-A Grantor Trust. October 20, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-C     Report for the month ended  Filed as Exhibit 19 to
                 October 31, 1995 provided   Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       November 15, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-D     Report for the month ended  Filed as Exhibit 19 to
                 November 30, 1995 provided  Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       December 11, 1995 and
                                             incorporated herein by
                                             reference.

Exhibit 19-E     Report for the month ended  Filed as Exhibit 19 to
                 December 31, 1995 provided  Ford Credit 1995-A 
                 to Chemical Bank, as        Grantor Trust's Current
                 Trustee under Ford Credit   Report on Form 8-K dated
                 1995-A Grantor Trust.       January 9, 1996 and
                                             incorporated herein by
                                             reference.

Exhibit 99       Selected Information        Filed with this report.
                 Relating to the 
                 Receivables.
(b) REPORTS ON FORM 8-K

The Ford Credit 1995-A Grantor Trust filed a Current Report on Form 8-K
dated August 3, 1995 regarding the pool of Receivables in the
Trust and the servicing thereof as described in the Pooling and
Servicing Agreement dated as of July 1, 1995 among Ford Credit Auto
Receivables Corporation, as Seller, Ford Motor Credit Company, as
Servicer and Chemical Bank, as Trustee filed as Exhibit 4.1, and the
Prospectus dated July 11, 1995 relating to the issuance of
$1,103,309,109.62 aggregate principal amount of Ford Credit 1995-A
Grantor Trust 5.90% Asset Backed Certificates, Class A filed as 
Exhibit 99.

Also, see Exhibits 19-A through 19-E.

                             SIGNATURES

Pursuant to the requirements of Section 13 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.

                                   FORD CREDIT 1995-A GRANTOR TRUST
                                   --------------------------------
                                             (Registrant)

March 22, 1996                         By: /s/Richard P. Conrad
                                       -----------------------------
                                       Richard P. Conrad
                                       (Assistant Secretary of Ford Credit
                                       Auto Receivables Corporation
                                       originator of Trust)
EXHIBIT INDEX

Exhibit
Number           Description of Exhibit                Page
-------          ----------------------                ----

Exhibit 3-A      Restated Certificate of                 *
                 Incorporation of Ford       
                 Credit Auto Receivables     
                 Corporation.                

Exhibit 3-B      By-Laws of Ford Credit                  *
                 Auto Receivables Corpora-    
                 tion.                           

Exhibit 4-A      Form of Pooling and                     *
                 Servicing Agreement dated   
                 as of July 1, 1995       
                 between Ford Credit Auto    
                 Receivables Corporation,
                 as seller, Ford Credit as   
                 Servicer and Chemical Bank  
                 as Trustee.

Exhibit 4-B      Prospectus dated July                   *
                 11, 1995, relating to sale  
                 of Ford Credit 1994-A       
                 Grantor Trust 5.90% Asset   
                 Backed Certificates.        
                                             

Exhibit 19-A     Report for the month ended              *
                 July 31, 1995 provided     
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1995-A Grantor Trust.        

Exhibit 19-B     Report for the month ended              *
                 August 31, and September 30,
                 1995 provided to Chemical    
                 Bank, as Trustee under         
                 Ford Credit 1995-A Grantor   
                 Trust.        

Exhibit 19-C     Report for the month ended              *
                 October 31, 1995 provided       
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1995-A Grantor Trust.
Exhibit 19-D     Report for the month ended              *  
                 November 30, 1995 provided      
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1994-5 Grantor Trust.        
                                     
Exhibit 19-E     Report for the month ended              *
                 December 31, 1995 provided         
                 to Chemical Bank, as         
                 Trustee under Ford Credit    
                 1995-A Grantor Trust.        

Exhibit 99       Selected Information Relating           Filed with this 
                 to the Receivables.                     Report.

-----------------
*Previously Filed