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 AND EXCHANGE ACT OF 1934


           Date of report (Date of Earliest Event Reported: (04-18-01)


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

                                    Delaware
         --------------------------------------------------------------
         (State or other jurisdiction of incorporation or organization)

         1-3754                                        38-0572512
  ---------------------                    -------------------------------------
  (Commission File No.)                     (I.R.S. Employer Identification No.)

              200 Renaissance Center, Detroit, Michigan 48265-2000
              ----------------------------------------------------

                                  313-665-6266
              ----------------------------------------------------
              (Registrant's telephone number, including area code)



<PAGE>


ITEM 5.  OTHER EVENTS


                     GMAC 1ST QUARTER 2001 EARNINGS SUMMARY

     General Motors Acceptance Corporation (GMAC) earned consolidated net
income in the 1st quarter of 2001 of $465 million,  up 17% from the $397 million
earned in the 1st Quarter of 2000. These earnings represent the best quarter for
GMAC since 1991.  Reported results include a $34 million favorable impact from a
cumulative effect of accounting change due to the adoption on January 1, 2001 of
SFAS 133, Accounting for Derivative  Instruments and Hedging Activities and SFAS
138, which amends SFAS 133.

     For the quarter, net income from financing operations totaled $334 million,
up 27% from $262 million  earned in same period of 2000.  The strong results can
be attributed to higher asset levels and  increased  securitization  activity in
the first quarter of 2001.

     GMAC Insurance  Holdings,  Inc.  generated net income of $35 million in the
1st Quarter of 2001,  down 44% from the $62 million earned in the same period of
2000. The decrease was due to industry-wide  deterioration of loss trends in the
personal  lines  business,  partially  offset by favorable  loss  experiences in
certain commercial and mechanical programs.

     GMAC Mortgage Group,  Inc. earned $96 million in the first quarter of 2001,
up 32% from the $73 million  earned in the same period last year.  The increased
earnings from mortgage  operations  reflect  higher  originations  and increased
securitization  activity, as well as increased  contributions from International
operations.


<PAGE>

                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has  duly  caused  this  report  to be  signed  on  its  behalf  the
undersigned hereunto duly authorized.



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



Dated:  April 20, 2001                      By  s/  GERALD E. GROSS

                                            ------------------------------------

                                                   (Gerald E. Gross, Controller)
[{"type": "8-K", "sequence": "1", "filename": "gmac8k41801.txt", "description": "GMAC 1ST QTR 2001 EARNINGS SUMMARY", "secsgml_size_bytes": 3587}]
{"company-data": {"conformed-name": "GENERAL MOTORS ACCEPTANCE CORP", "cik": "0000040729", "assigned-sic": "6172", "irs-number": "380572512", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-03754", "film-number": "1607061"}, "business-address": {"street1": "200 RENAISSANCE CENTER", "city": "DETROIT", "state": "MI", "zip": "48265", "phone": "3135561508"}}
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 AND EXCHANGE ACT OF 1934

           Date of report (Date of Earliest Event Reported: (04-18-01)

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

                                    Delaware
         --------------------------------------------------------------
         (State or other jurisdiction of incorporation or organization)

         1-3754                                        38-0572512
  ---------------------                    -------------------------------------
  (Commission File No.)                     (I.R.S. Employer Identification No.)

              200 Renaissance Center, Detroit, Michigan 48265-2000
              ----------------------------------------------------

                                  313-665-6266
              ----------------------------------------------------
              (Registrant's telephone number, including area code)
ITEM 5.  OTHER EVENTS

                     GMAC 1ST QUARTER 2001 EARNINGS SUMMARY

     General Motors Acceptance Corporation (GMAC) earned consolidated net
income in the 1st quarter of 2001 of $465 million,  up 17% from the $397 million
earned in the 1st Quarter of 2000. These earnings represent the best quarter for
GMAC since 1991.  Reported results include a $34 million favorable impact from a
cumulative effect of accounting change due to the adoption on January 1, 2001 of
SFAS 133, Accounting for Derivative  Instruments and Hedging Activities and SFAS
138, which amends SFAS 133.

     For the quarter, net income from financing operations totaled $334 million,
up 27% from $262 million  earned in same period of 2000.  The strong results can
be attributed to higher asset levels and  increased  securitization  activity in
the first quarter of 2001.

     GMAC Insurance  Holdings,  Inc.  generated net income of $35 million in the
1st Quarter of 2001,  down 44% from the $62 million earned in the same period of
2000. The decrease was due to industry-wide  deterioration of loss trends in the
personal  lines  business,  partially  offset by favorable  loss  experiences in
certain commercial and mechanical programs.

     GMAC Mortgage Group,  Inc. earned $96 million in the first quarter of 2001,
up 32% from the $73 million  earned in the same period last year.  The increased
earnings from mortgage  operations  reflect  higher  originations  and increased
securitization  activity, as well as increased  contributions from International
operations.
SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has  duly  caused  this  report  to be  signed  on  its  behalf  the
undersigned hereunto duly authorized.

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

Dated:  April 20, 2001                      By  s/  GERALD E. GROSS

                                            ------------------------------------

                                                   (Gerald E. Gross, Controller)