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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


                                  June 16, 2003
                            (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)









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


<PAGE>

ITEM 5.  OTHER EVENTS

Effective June 16, 2003,  General Motors Acceptance  Corporation  (GMAC) renewed
its syndicated credit  facilities,  including the liquidity  facility for GMAC's
asset-backed  commercial  paper conduit,  NCAT.  These  facilities  provide GMAC
"back-up" liquidity and represent  additional sources of funding.  The following
summarizes the  modifications to the facilities,  which are more fully described
in GMAC's Annual Report on Form 10-K:

364-Day  Facility - The  facility  was  increased  from $1.543  billion to $4.15
billion,  expiring June 14, 2004. The facility  continues to include a term loan
option,  which, if exercised by GMAC upon  expiration,  carries a one-year term.
The facility also provides GMAC the discretionary  option to transfer up to $2.9
billion of the $4.15 billion total  commitment to the NCAT  liquidity  facility.
The 364-day  facility  contains a leverage  covenant that restricts the ratio of
GMAC's consolidated debt to total stockholder's  equity to no greater than 11:1.
In connection with the renewal,  the leverage covenant  calculation was modified
to exclude from debt those  securitization  transactions  that are accounted for
on-balance sheet.

5-Year  Facility - The 5-year facility was decreased from $7.35 billion to $4.35
billion,  and extended two years,  expiring June 16, 2008. This facility is also
subject to the aforementioned leverage covenant.

NCAT Liquidity  Facility - GMAC is the  administrator for New Center Asset Trust
(NCAT),  a  non-consolidated  asset-backed  commercial  paper conduit.  The NCAT
liquidity  facility  was  increased  from  $18.107  billion  to $19.25  billion,
expiring June 14, 2004.


                                   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:        June 19, 2003         /s/  William F. Muir
              ----------------       -------------------------------------
                                     William F. Muir
                                     Executive Vice President,
                                     Chief Financial Officer and Director


Dated:        June 19, 2003         /s/  Linda K. Zukauckas
              ----------------       -------------------------------------
                                     Linda K. Zukauckas
                                     Controller and Principal Accounting 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 Exchange Act of 1934

                                  June 16, 2003
                            (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)

--------------------------------------------------------------------------------
ITEM 5.  OTHER EVENTS

Effective June 16, 2003,  General Motors Acceptance  Corporation  (GMAC) renewed
its syndicated credit  facilities,  including the liquidity  facility for GMAC's
asset-backed  commercial  paper conduit,  NCAT.  These  facilities  provide GMAC
"back-up" liquidity and represent  additional sources of funding.  The following
summarizes the  modifications to the facilities,  which are more fully described
in GMAC's Annual Report on Form 10-K:

364-Day  Facility - The  facility  was  increased  from $1.543  billion to $4.15
billion,  expiring June 14, 2004. The facility  continues to include a term loan
option,  which, if exercised by GMAC upon  expiration,  carries a one-year term.
The facility also provides GMAC the discretionary  option to transfer up to $2.9
billion of the $4.15 billion total  commitment to the NCAT  liquidity  facility.
The 364-day  facility  contains a leverage  covenant that restricts the ratio of
GMAC's consolidated debt to total stockholder's  equity to no greater than 11:1.
In connection with the renewal,  the leverage covenant  calculation was modified
to exclude from debt those  securitization  transactions  that are accounted for
on-balance sheet.

5-Year  Facility - The 5-year facility was decreased from $7.35 billion to $4.35
billion,  and extended two years,  expiring June 16, 2008. This facility is also
subject to the aforementioned leverage covenant.

NCAT Liquidity  Facility - GMAC is the  administrator for New Center Asset Trust
(NCAT),  a  non-consolidated  asset-backed  commercial  paper conduit.  The NCAT
liquidity  facility  was  increased  from  $18.107  billion  to $19.25  billion,
expiring June 14, 2004.

                                   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:        June 19, 2003         /s/  William F. Muir
              ----------------       -------------------------------------
                                     William F. Muir
                                     Executive Vice President,
                                     Chief Financial Officer and Director

Dated:        June 19, 2003         /s/  Linda K. Zukauckas
              ----------------       -------------------------------------
                                     Linda K. Zukauckas
                                     Controller and Principal Accounting Officer