UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 10-Q

(Mark One)

 X   QUARTERLY  REPORT PURSUANT TO SECTION 13 OF THE SECURITIES  EXCHANGE ACT OF
---  1934 FOR THE QUARTERLY PERIOD ENDED September 30, 2000, OR

---  TRANSACTION REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF
     1934 FOR THE TRANSACTION PERIOD FROM ________ TO ________.


     SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI        333-10524
     -----------------------------------------------       ------------
            (Exact name of registrant as                   Commission
             specified in its charter)                     file number


SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI

  A Delaware Business Trust                                  38-3082709
  -------------------------------                          -------------------
  (State or other jurisdiction of                          (I.R.S. Employer
  incorporation or organization)                            Identification No.)

  c/o  Chase Manhattan Bank USA, N.A.
  1201 Market Street
  Wilmington, Delaware                                       19801
  ----------------------------------------                 ----------
  (Address of principal executive offices)                 (Zip Code)

  Registrants' telephone number, including area code       (302) 428-3375
                                                           --------------


     Securities  registered  pursuant  to  Section  12 (b) of the  Act:  (None).
     Section 12 (g) of the Act: (None).

Indicate by check mark whether each of the registrants (1) has filed all reports
required to be filed by Section 13 of the Securities Exchange Act of 1934 during
the preceding 12 months, and (2) has been subject to such filing requirements
for the past 90 days. Yes X    No
                         ---     ---
This quarterly report, filed pursuant to Rule 13a-13 of the General Rules and
Regulations under the Securities Exchange Act of 1934, consists of the following
information as specified in Form 10-Q:

<PAGE>

                          PART I. FINANCIAL INFORMATION


ITEM 1.  FINANCIAL STATEMENTS

     1. Statement of Assets, Liabilities and Equity, September 30, 2000.

     2. Statement of Distributable Income for the Third Quarter and Nine
        Months ended September 30, 2000.

     3. Notes to Financial Statements.

The above  described  Financial  Statements  for the  registrants  are submitted
herewith as Exhibits 20.1.

In the opinion of  management,  the  interim  financial  statements  reflect all
adjustments,  consisting of normal  recurring  items,  which are necessary for a
fair presentation of the results for the interim periods presented.

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



                                     PART II

ITEM 2.         MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
                RESULTS OF OPERATIONS

The  Trust was formed  pursuant  to a trust  agreement  between  Wholesale
Auto  Receivables  Corporation (the "Seller") and Chase Manhattan Bank USA, N.A,
as Owner Trustee for Superior  Wholesale Inventory Financing Trust VI. The Trust
has issued the following floating rate Asset-Backed  Notes and Certificates, and
acquired certain eligible wholesale finance receivables from the Seller in the
aggregate  amount as shown below in exchange for Asset-Backed Notes  and
Asset-Backed Certificates representing undivided interests in the Trust. The
Trust's  property  includes a pool of wholesale  receivables  generated  in a
portfolio  of  revolving financing arrangements with dealers to finance
inventories of new and used automobiles and light trucks and collections thereon
and certain other property.

                                      - 2 -
<PAGE>

                                 Initial
               Date of          Wholesale
               Sale and          Finance
               Servicing           Sale         Asset-Backed        Asset-Backed
 Trust         Agreement          Amount           Notes            Certificates
--------       ----------       ----------      ------------        ------------
                                (millions)       (millions)          (millions)

Superior       June 29, 2000     $1,375.0     Term Notes $1,250.0      $125.0
Wholesale
Inventory      August 30, 2000   $1,250.0     Revolving
Financing                                     Note 1     $  900.0
Trust VI                                      Revolving
                                              Note 2     $  350.0




General  Motors  Acceptance  Corporation  ("GMAC"),  the  originator of the
wholesale  receivables,  continues to service the receivables for the Trust
and receives  compensation  and fees for such services.  Investors  receive
payments of interest  for each type of note and  certificate  at a floating
interest  rate.  The  Term  Notes,   Revolving  Note  Series  2000-RN2  and
Certificates  are paid interest  quarterly  while the Revolving Note Series
2000-RN1 is paid interest monthly.


                            PART II OTHER INFORMATION

ITEM 6.  EXHIBITS AND OTHER REPORTS ON FORM 8-K

(a)  Exhibit(s):

        20.1 Superior   Wholesale   Inventory   Financing   Trust  VI  Financial
             Statements  for  the  Period  June  29,  2000  (inception)  through
             September 30, 2000.

(b) Reports on Form 8-K:

        A current report on Form 8-K dated July 11, 2000 reporting matters under
        Item 7 was filed during the quarter ended September 30, 2000.

                         ------------------------------
                                      - 3 -
<PAGE>

                                   SIGNATURES

 Pursuant to the  requirements of Section 13 of the Securities  Exchange Act
 of 1934,  the Owner Trustee has duly caused this report to be signed on its
 behalf by the undersigned thereunto duly authorized.


                                SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI




                                   by: Chase Manhattan Bank USA, N.A.
                                   ----------------------------------
                                       (Owner Trustee, not in its
                                        individual capacity but
                                        solely as Owner Trustee
                                        on behalf of the Issuer.)


                                      s\  DENIS KELLY
                                     -----------------------------
                                          Denis Kelly
                                          Assistant Vice President

Date:  November 9, 2000
       ----------------

                                      - 4 -
<PAGE>

                                                                    Exhibit 20.1
                                                                    Page 1 of 5


                SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI

                 STATEMENT OF ASSETS, LIABILITIES AND EQUITY





                                                   September 30, 2000
                                                 ----------------------
                                                (in millions of dollars)
ASSETS

Receivables (Note 2) ....................               $2,625.0
                                                        --------

TOTAL ASSETS ............................               $2,625.0
                                                        ========


LIABILITIES (Notes 2 and 3)


Asset-Backed Term Notes .................               $1,250.0

Asset-Backed Revolving Notes ............               $1,250.0

                                                        --------
TOTAL LIABILITIES .......................               $2,500.0



EQUITY

Asset-Backed Certificates (Notes 2 and 3)               $  125.0
                                                        --------

TOTAL LIABILITIES AND EQUITY ............               $2,625.0
                                                        ========

Reference should be made to the Notes to Financial Statements.

<PAGE>

                                                                    Exhibit 20.1
                                                                    Page 2 of 5


                 SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI

                        STATEMENT OF DISTRIBUTABLE INCOME


                                   Period Ended September 30, 2000
                                   Third Quarter      Nine Months*
                                   -------------------------------
                                      (in millions of dollars)
Distributable Income

  Allocable to Interest .....          $  0.0          $  0.0
                                       -------         -------

Distributable Income ........          $  0.0          $  0.0
                                       =======         =======

Income Distributed ..........          $  0.0          $  0.0
                                       =======         =======



* Represents the period June 29, 2000 (inception) through September 30, 2000.


Reference should be made to the Notes to Financial Statements.

<PAGE>

                                                                    Exhibit 20.1
                                                                    Page 3 of 5

                SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI

                          NOTES TO FINANCIAL STATEMENTS

NOTE 1.  BASIS OF ACCOUNTING

The financial statements of Superior Wholesale Inventory Financing Trust VI (the
"Trust") are prepared on the basis of cash receipts and cash disbursements. Such
financial  statements  differ from financial  statements  prepared in accordance
with generally  accepted  accounting  principles in that interest income and the
related  assets  are  recognized  when  received  rather  than when  earned  and
distributions  to Noteholders  and  Certificateholders  are recognized when paid
rather than when the respective obligation is incurred.  Certain expenses of the
Trust are paid by Wholesale Auto Receivables Corporation (the "Seller").


NOTE 2.  SALE OF NOTES AND CERTIFICATES

On June 29, 2000, the Trust acquired the Seller's  right,  title and interest in
wholesale  finance  receivables   totaling  $1,375.0  million  in  exchange  for
Asset-Backed  Notes  representing  indebtedness  of the Trust  and Asset  Backed
Certificates  representing equity interests in the Trust. The Asset Backed Notes
include $1,250.0  million Floating Rate Asset Backed Term Notes,  Series 2000-A.
The Asset Backed Certificates  include $125.0 million Floating Rate asset Backed
Certificates,  Class 2000-A.  On August 30, 2000, the Trust acquired the Sellers
right, title and interest in additional  wholesale finance receivables  totaling
$1,250.0   million  in  exchange  for  two  Asset   Backed  Notes   representing
indebtedness  of the trust.  The Asset  Backed  Notes  include a $900.0  million
Floating Rate Asset Backed  Revolving  Note,  Series 2000-RN1 and a $350 million
Floating Rate Asset Backed Revolving Note,  Series 2000-RN2.  The Trust property
includes  certain  eligible  receivables  in  accounts  included  in a  pool  of
accounts,  certain  receivables  generated under each such accounts from time to
time secured by new and used automobiles and light trucks, certain monies due or
received thereunder, basis swaps and certain other property.


NOTE 3.  PRINCIPAL AND INTEREST PAYMENTS

In the ordinary  course of business,  no principal  payments will be made on the
Floating Rate Asset Backed Term Notes,  Series 2000-A until the  commencement of
the Wind Down Period.  During the Revolving Period, the Trust will make payments
of principal on, or additional  borrowings (up to the Maximum Revolver  Balance)
under, the Revolving Notes on a daily basis.

The then-unpaid  principal balance of the Floating Rate Asset Backed Term Notes,
Series 2000-A will be payable on April 16, 2007 and the then unpaid
<PAGE>

                                                                    Exhibit 20.1
                                                                    Page 4 of 5

                 SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI

                    NOTES TO FINANCIAL STATEMENTS (continued)


NOTE 3.  PRINCIPAL AND INTEREST PAYMENTS (concluded)

     principal balance of the Floating Rate Asset Backed Revolving Notes and the
     Asset Backed Certificates will also be payable on April 16, 2007.

     Payments of interest on the Floating  Rate Asset Backed Term Notes,  Series
     2000-A, Floating Rate Asset Backed Revolving Notes, Series 2000-RN2 and the
     Floating  Rate  Asset  Backed  Certificates,  Class  2000-A are made on the
     fifteenth day of each January, April, July, and October or, if any such day
     is not a Business  Day, on the next  succeeding  Business Day,  (each,  a "
     Quarterly  Distribution  Date"),  commencing October 16, 2000 (the "Initial
     Distribution Date").

     Payments of interest on the  Floating  Rate Asset  Backed  Revolving  Note,
     Series 2000-RN1 are made on the fifteenth day of each month or, if any such
     day is not a Business Day, on the next  succeeding  Business Day,  (each, a
     "Monthly  Distribution  Date"),  commencing  October 16, 2000 (the "Initial
     Distribution Date").

     The Floating  Rate Asset Backed Term Notes,  Series  2000-A  interest  rate
     equals the USD  Three-Month  London  Interbank  Offer Rate  (LIBOR) plus 13
     basis  points per annum for each  Distribution  Date.  Interest on the Term
     Notes  will  accrue  from,  and  including,   the  most  recent   Quarterly
     Distribution  Date to, but excluding,  the current  Quarterly  Distribution
     Date.

     The Floating Rate Asset Backed  Revolving Notes,  Series 2000-RN1  interest
     rate equals the USD One-Month LIBOR plus 28 basis points per annum for each
     Monthly  Distribution Date. Interest on the Revolving notes will accrue for
     the Collection Period (calendar month)  immediately  preceding each Monthly
     Distribution Date.

     The Floating Rate Asset Backed  Revolving Notes,  Series 2000-RN2  interest
     rate equals the USD  Three-Month  LIBOR plus 26 basis  points per annum for
     each  Quarterly  Distribution  Date.  Interest on the Revolving  notes will
     accrue for the Collection  Period  (calendar month)  immediately  preceding
     each Quarterly Distribution Date.

     The Floating  Rate Asset Backed  Certificates  interest rate equals the USD
     Three-Month  LIBOR  plus 43 basis  points  per  annum  for  each  Quarterly
     Distribution  Date.   Interest  on  the  Certificates   accrues  from,  and
     including, the most recent Distribution Date to, but excluding, the current
     Quarterly Distribution Date.

<PAGE>

                                                                    Exhibit 20.1
                                                                    Page 5 of 5


                 SUPERIOR WHOLESALE INVENTORY FINANCING TRUST VI

                    NOTES TO FINANCIAL STATEMENTS (concluded)


NOTE 4.  FEDERAL INCOME TAX

     The Trust is classified as a partnership, and therefore is not taxable as a
     corporation  for U.S.  federal  income tax purposes.  Each  Noteholder,  by
     acceptance of a Note agrees to treat the Note as  indebtedness in the Trust
     for  federal,  state and local  income and  franchise  tax  purposes.  Each
     certificateholder  by  acceptance  of a  certificate  agrees  to treat  the
     certificates as equity interests in the Trust for federal,  state and local
     income franchise tax purposes.  A portion of the certificates was issued to
     the seller on the closing date.