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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000040729-03-000020.txt : 20030410
<SEC-HEADER>0000040729-03-000020.hdr.sgml : 20030410
<ACCEPTANCE-DATETIME>20030410155647
ACCESSION NUMBER:		0000040729-03-000020
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030409
ITEM INFORMATION:		Other events
FILED AS OF DATE:		20030410

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GENERAL MOTORS ACCEPTANCE CORP
		CENTRAL INDEX KEY:			0000040729
		STANDARD INDUSTRIAL CLASSIFICATION:	FINANCE LESSORS [6172]
		IRS NUMBER:				380572512
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-03754
		FILM NUMBER:		03645684

	BUSINESS ADDRESS:	
		STREET 1:		MAIL CODE: 482-B08-B82
		STREET 2:		200 RENAISSANCE CENTER
		CITY:			DETROIT
		STATE:			MI
		ZIP:			48265
		BUSINESS PHONE:		3136654353
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>gmac8k04102003.txt
<DESCRIPTION>ACTION BY RATING AGENCY
<TEXT>



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










                                  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


                                  April 9, 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

                             Action by Rating Agency

On April 9, 2003, Standard and Poor's Ratings Services lowered its credit rating
outlook on GM and GMAC to negative from stable. Standard and Poor's is
questioning how GM will fund its multibillion-dollar pension and health care
liabilities.


                                   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:        April 10, 2003         /s/  William F. Muir
              ----------------       -------------------------------------
                                     William F. Muir
                                     Executive Vice President,
                                     Chief Financial Officer and Director


Dated:        April 10, 2003         /s/  Linda K. Zukauckas
              ----------------       -------------------------------------
                                     Linda K. Zukauckas
                                     Controller and Principal Accounting Officer




</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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