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: (May 30, 1995)
                                   
                 GENERAL MOTORS ACCEPTANCE CORPORATION
         ------------------------------------------------------
         (Exact name of registrant as specified in its charter)
                                   
                                   
                               New York
    --------------------------------------------------------------
    (State or other jurisdiction of incorporation or organization)
                                   
        1-3754                                 38-0572512
- ---------------------             ------------------------------------
(Commission File No.)             (I.R.S. Employer Identification No.)
                                   
        767 Fifth Avenue, New York, New York             10153
        3044 West Grand Boulevard, Detroit, Michigan     48202
     -----------------------------------------------    --------
     (Address of principal executive offices)          (Zip Code)
                                   
                             313-556-1508
         ----------------------------------------------------
         (Registrant's telephone number, including area code)
                                   



<PAGE>

ITEM 5.   OTHER EVENTS

                     GMAC Credit Ratings Upgraded
                     ----------------------------


On  May 30, 1995 Moody's Investors Service, Inc. (Moody's), raised the
credit   ratings  of  the  Company  and  its  parent,  General  Motors
Corporation  (GM) as well as certain related affiliates.  The  ratings
upgrades concluded a review which was initiated on March 17, 1995.

The  Moody's  rating of the Company's senior debt  was  upgraded  from
Baa1  to  A3,  eighth and seventh highest among ten  investment  grade
ratings  available, respectively.  The A3 rating is assigned to  bonds
considered  to have "upper-medium grade" quality as they possess  many
favorable  investment attributes with security factors  for  principal
and interest considered to be adequate.

The  Company's commercial paper was upgraded from Prime-2 to  Prime-1,
the  highest  of three such ratings, reflecting superior  ability  for
repayment of senior short-term debt obligations and assured ability to
access   alternative  sources  of  liquidity.   Additional   repayment
characteristics of debt issues receiving this premium  rating  include
leading market position in a well established industry, high rates  of
return  on  funds employed, and broad margins in earnings coverage  of
fixed financial charges.

The  Company  is pleased with the upgraded ratings as  it  expects  to
benefit   from  increased  competitiveness  resulting  from   enhanced
financial flexibility and lower borrowing costs.

At this date, the Company is not under review by any of the nationally
recognized   statistical  rating  agencies.   Additional   disclosures
regarding  credit  ratings are provided on Pages  15  and  16  of  the
Company's  Annual Report on Form 10-K for the year ended December  31,
1994, filed with the Commission on March 14, 1995.


                               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)


Date      June 5, 1995        By
          ------------
                              s/ John D. Finnegan
                              -------------------------------------------
                              (John D. Finnegan, Executive Vice President
                              and Chief Financial Officer)
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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 AND EXCHANGE ACT OF 1934

    Date of Report (Date of Earliest Event Reported: (May 30, 1995)
                                   
                 GENERAL MOTORS ACCEPTANCE CORPORATION
         ------------------------------------------------------
         (Exact name of registrant as specified in its charter)
                                   
                                   
                               New York
    --------------------------------------------------------------
    (State or other jurisdiction of incorporation or organization)
                                   
        1-3754                                 38-0572512
- ---------------------             ------------------------------------
(Commission File No.)             (I.R.S. Employer Identification No.)
                                   
        767 Fifth Avenue, New York, New York             10153
        3044 West Grand Boulevard, Detroit, Michigan     48202
     -----------------------------------------------    --------
     (Address of principal executive offices)          (Zip Code)
                                   
                             313-556-1508
         ----------------------------------------------------
         (Registrant's telephone number, including area code)
ITEM 5.   OTHER EVENTS

                     GMAC Credit Ratings Upgraded
                     ----------------------------

On  May 30, 1995 Moody's Investors Service, Inc. (Moody's), raised the
credit   ratings  of  the  Company  and  its  parent,  General  Motors
Corporation  (GM) as well as certain related affiliates.  The  ratings
upgrades concluded a review which was initiated on March 17, 1995.

The  Moody's  rating of the Company's senior debt  was  upgraded  from
Baa1  to  A3,  eighth and seventh highest among ten  investment  grade
ratings  available, respectively.  The A3 rating is assigned to  bonds
considered  to have "upper-medium grade" quality as they possess  many
favorable  investment attributes with security factors  for  principal
and interest considered to be adequate.

The  Company's commercial paper was upgraded from Prime-2 to  Prime-1,
the  highest  of three such ratings, reflecting superior  ability  for
repayment of senior short-term debt obligations and assured ability to
access   alternative  sources  of  liquidity.   Additional   repayment
characteristics of debt issues receiving this premium  rating  include
leading market position in a well established industry, high rates  of
return  on  funds employed, and broad margins in earnings coverage  of
fixed financial charges.

The  Company  is pleased with the upgraded ratings as  it  expects  to
benefit   from  increased  competitiveness  resulting  from   enhanced
financial flexibility and lower borrowing costs.

At this date, the Company is not under review by any of the nationally
recognized   statistical  rating  agencies.   Additional   disclosures
regarding  credit  ratings are provided on Pages  15  and  16  of  the
Company's  Annual Report on Form 10-K for the year ended December  31,
1994, filed with the Commission on March 14, 1995.

                               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)

Date      June 5, 1995        By
          ------------
                              s/ John D. Finnegan
                              -------------------------------------------
                              (John D. Finnegan, Executive Vice President
                              and Chief Financial Officer)