**UNITED          STATES**

**SECURITIES          AND EXCHANGE COMMISSION**

**Washington,          D.C. 20549**

**FORM          10-K**

| (Mark                      One) |                                                                                                                                                          |
|---------------------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------|
| R                               | ANNUAL                      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                      ACT OF                      1934      |
|                            |                                                                                                                                                          |
|                            | For                      the fiscal year ended: December 31, 2006                                                                                             |
|                            |                                                                                                                                                          |
|                            | OR                                                                                                                                                            |
|                            |                                                                                                                                                          |
| £                          | TRANSITION                      REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                      ACT OF                      1934  |
|                            |                                                                                                                                                          |
|                            | For                      the transition period from ________ to ________                                                                                      |
|                            |                                                                                                                                                          |

**Ford          Credit Auto Owner Trust 2006-B**

**Ford          Credit Auto Receivables Two LLC**

**Ford          Motor Credit Company**

| Delaware                                                                                                     |  41-6547775                                                                             |
|--------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------|
| (State                    or Other Jurisdiction of Incorporation of issuing                    entity)  | (I.R.S.                    Employer Identification No. of issuing                    entity) |

| c/o                    U.S. Bank Trust National Association                         |                                |
|-------------------------------------------------------------------------------------|-------------------------------------|
| 300                    Delaware Ave., 9th Floor                                     |                                |
|  Wilmington,                    Delaware                                       |   19801                   |
|  (Address                    of Principal Executive Offices of issuing entity) |  (Zip                    Code) |

| (302)                    576-3700                                |
|------------------------------------------------------------------|
|  (Telephone                    number, including area code) |

**  **
** **

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|     Large accelerated filer  £  | Accelerated                    filer  £  |         Non-accelerated                    filer  R   |
|-----------------------------------------------------------------------------------|--------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------|

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**PART          I**

**The          following Items have been omitted in accordance with General Instruction          J to          Form 10-K:**

**Item          1B.    **
**Unresolved          Staff Comments.**

**Substitute          information provided in accordance with General Instruction J to Form          10-K:**

**Item          1112(b) of Regulation AB. Significant Obligors of Pool Assets (Financial          Information).**

**Item          1114(b)(2) of Regulation AB. Credit Enhancement and Other Support, except          for          Certain Derivatives Instruments (Financial Information).**

**Item          1115(b) of Regulation AB. Certain Derivatives Instruments (Financial          Information).**

**Item          1117 of Regulation AB. Legal Proceedings.**

**PART          II**

**The          following Items have been omitted in accordance with General Instruction          J to          Form 10-K:**

**Item          9B.    **
**Other          Information.**

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**PART          III**

**The          following Items have been omitted in accordance with General Instruction          J to          Form 10-K:**

**Substitute          information provided in accordance with General Instruction J to Form          10-K:**

**Item          1119 of Regulation AB. Affiliations and Certain Relationships and Related          Transactions.**

**Item          1122 of Regulation AB. Compliance with Applicable Servicing          Criteria. **

**Item          1123 of Regulation AB. Servicing Compliance Statement.**

**PART          IV**

**Item          15.    Exhibits and Financial Statement and          Schedules.**

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| **Exhibit                    Number** |   | **Description**                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|---------------------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1                              |   | Amended                    Certificate of Formation of Ford Credit Auto Receivables Two                    LLC (“FCAR                    Two”) (included in Exhibit 3.1 to the Registration Statement No.                    333-131003, as filed with the Securities and Exchange Commission                    (the                    “Commission”) on January 12, 2006, which is incorporated herein by                    reference).  |
| 3.2                              |   | Amended                    and Restated Limited Liability Company Agreement of FCAR Two                    (included in                    Exhibit 3.2 to the Registration Statement No. 333-131003, as                    filed with                    the Commission on January 12, 2006, which is incorporated herein                    by                    reference).                                                                                      |
| 4.1                              |   | Indenture,                    dated as of August 1, 2006, between Ford Credit Auto Owner Trust                    2006-B                    (the Trust”) and The Bank of New York, as indenture trustee (included in                    Exhibit 4.1 to the Trust’s Form 8-K, as filed with the Commission on                    August 31, 2006, which is incorporated herein by reference).                                                            |
| 4.2                              |   | Amended                    and Restated Trust Agreement, dated as of August 1, 2006, between                    FCAR Two                    and U.S. Bank Trust National Association, as owner trustee (included                    in                    Exhibit 4.2 to the Trust’s Form 8-K, as filed with the Commission on                    August 31, 2006, which is incorporated herein by reference).                                                |
| 10.1                             |   | ISDA                    Schedule, dated as of August 22, 2006, between the Trust and                    The Royal                    Bank of Scotland plc (included in Exhibit 10.1 to the Trust’s Form 8-K, as                    filed with the Commission on August 31, 2006, which is incorporated                    herein                    by reference).                                                                                            |
| 10.2                             |   | ISDA                    Confirm, dated as of August 22, 2006, between the Trust and The                    Royal Bank                    of Scotland plc (included in Exhibit 10.2 to the Trust’s Form 8-K, as                    filed with the Commission on August 31, 2006, which is incorporated                    herein                    by reference).                                                                                             |
| 31.1                             |   | Certifications                    of Ford Credit pursuant to Section 302 of the Sarbanes-Oxley                    Act of                    2002.                                                                                                                                                                                                                                                                                                                   |
| 33.1                             |   | Report                    on Assessment of Compliance with Servicing Criteria for Ford                    Credit.                                                                                                                                                                                                                                                                                                                                                        |
| 33.2                             |   | Report                    on Assessment of Compliance with Servicing Criteria for MSX International,                    Inc.                                                                                                                                                                                                                                                                                                                                             |
| 33.3                             |   | Report                    on Assessment of Compliance with Servicing Criteria for The Bank                    of New                    York.                                                                                                                                                                                                                                                                                                                            |
| 34.1                             |   | Attestation                    Report of PricewaterhouseCoopers LLP on Assessment of Compliance                    with                    Servicing Criteria relating to Ford Credit.                                                                                                                                                                                                                                                                              |
| 34.2                             |   | Attestation                    Report of Grant Thornton LLP on Assessment of Compliance with                    Servicing                    Criteria relating to MSX International, Inc.                                                                                                                                                                                                                                                                           |
| 34.3                             |   | Attestation                    Report of Ernst & Young LLP on Assessment of Compliance with Servicing                    Criteria relating to The Bank of New York.                                                                                                                                                                                                                                                                                             |
| 35.1                             |   | Servicer                    Compliance Statement of Ford Credit.                                                                                                                                                                                                                                                                                                                                                                                                    |
| 99.1                             |   | Sale                    and Servicing Agreement, dated as of August 1, 2006, among Ford                    Credit, as                    servicer, The Bank of New York and the Trust (included in Exhibit                    99.1 to                    the Trust’s Form 8-K, as filed with the Commission on August 31, 2006,                    which is incorporated herein by reference).                                                                |
| 99.2                             |   | Purchase                    Agreement, dated as of August 1, 2006, between Ford Credit and                    FCAR Two                    (included in Exhibit 99.2 to the Trust’s Form 8-K, as filed with the                    Commission on August 31, 2006, which is incorporated herein by                    reference).                                                                                                                               |
| 99.3                             |   | Administration                      Agreement, dated as of August 1, 2006, among Ford Credit, The                      Bank of New                      York and the Trust (included in Exhibit 99.3 to the Trust’s Form                      8-K,                      as filed with the Commission on August 31, 2006, which is incorporated                      herein by reference).                                                                          |

**SUPPLEMENTAL          INFORMATION TO BE FURNISHED **

**WITH          REPORTS FILED PURSUANT TO SECTION 15(d) OF **

**THE          ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED **

**SECURITIES          PURSUANT TO SECTION 12 OF THE ACT.**

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**SIGNATURES**

| Date:  March 29, 2007         | Ford Credit Auto Owner Trust 2006-B                                                                |
|----------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------|
|                                                                       | (Issuing entity)                                                                                   |
|                                                                       |                                                                                               |
|  By:                                                                  | Ford Motor Credit Company                                                                     |
|                                                                       | (Servicer)                                                                                         |
|                                                                       |                                                                                               |
|  By:                                                                  | /s/ Scott R. Stewart                                                                               |
|                                                                       | Scott                      R. Stewart                                                         |
|                                                                       | Vice                    President - Assistant Treasurer                                       |
|                                                                       | (senior officer of Servicer in                    charge of                    servicing function) |

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| **Exhibit                      Number** |   | **Description**                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|-----------------------------------------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1                                |   | Amended                      Certificate of Formation of Ford Credit Auto Receivables Two                      LLC (“FCAR                      Two”) (included in Exhibit 3.1 to the Registration Statement No.                      333-131003, as filed with the Securities and Exchange Commission                      (the                      “Commission”) on January 12, 2006, which is incorporated herein by                      reference).  |
| 3.2                                |   | Amended                      and Restated Limited Liability Company Agreement of FCAR Two                      (included in                      Exhibit 3.2 to the Registration Statement No. 333-131003, as                      filed with                      the Commission on January 12, 2006, which is incorporated herein                      by                      reference).                                                                                      |
| 4.1                                |   | Indenture,                      dated as of August 1, 2006, between Ford Credit Auto Owner                      Trust 2006-B                      (the Trust”) and The Bank of New York, as indenture trustee (included                      in                      Exhibit 4.1 to the Trust’s Form 8-K, as filed with the Commission on                      August 31, 2006, which is incorporated herein by reference).                                           |
| 4.2                                |   | Amended                      and Restated Trust Agreement, dated as of August 1, 2006, between                      FCAR Two                      and U.S. Bank Trust National Association, as owner trustee                      (included in                      Exhibit 4.2 to the Trust’s Form 8-K, as filed with the Commission on                      August 31, 2006, which is incorporated herein by reference).                                                  |
| 10.1                               |   | ISDA                      Schedule, dated as of August 22, 2006, between the Trust and                      The Royal                      Bank of Scotland plc (included in Exhibit 10.1 to the Trust’s Form 8-K, as                      filed with the Commission on August 31, 2006, which is incorporated                      herein                      by reference).                                                                                              |
| 10.2                               |   | ISDA                      Confirm, dated as of August 22, 2006, between the Trust and                      The Royal Bank                      of Scotland plc (included in Exhibit 10.2 to the Trust’s Form 8-K, as                      filed with the Commission on August 31, 2006, which is incorporated                      herein                      by reference).                                                                                               |
| 31.1                               |   | Certifications                      of Ford Credit pursuant to Section 302 of the Sarbanes-Oxley                      Act of                      2002.                                                                                                                                                                                                                                                                                                                                |
| 33.1                               |   | Report                      on Assessment of Compliance with Servicing Criteria for Ford                      Credit.                                                                                                                                                                                                                                                                                                                                                                  |
| 33.2                               |   | Report                      on Assessment of Compliance with Servicing Criteria for MSX                      International,                      Inc.                                                                                                                                                                                                                                                                                                                                  |
| 33.3                               |   | Report                      on Assessment of Compliance with Servicing Criteria for The                      Bank of New                      York.                                                                                                                                                                                                                                                                                                                                    |
| 34.1                               |   | Attestation                      Report of PricewaterhouseCoopers LLP on Assessment of Compliance                      with                      Servicing Criteria relating to Ford Credit.                                                                                                                                                                                                                                                                                      |
| 34.2                               |   | Attestation                      Report of Grant Thornton LLP on Assessment of Compliance with                      Servicing                      Criteria relating to MSX International, Inc.                                                                                                                                                                                                                                                                                   |
| 34.3                               |   | Attestation                      Report of Ernst & Young LLP on Assessment of Compliance with Servicing                      Criteria relating to The Bank of New York.                                                                                                                                                                                                                                                                                                       |
| 35.1                               |   | Servicer                      Compliance Statement of Ford Credit.                                                                                                                                                                                                                                                                                                                                                                                                                     |
| 99.1                               |   | Sale                      and Servicing Agreement, dated as of August 1, 2006, among                      Ford Credit, as                      servicer, The Bank of New York and the Trust (included in Exhibit                      99.1 to                      the Trust’s Form 8-K, as filed with the Commission on August 31, 2006,                      which is incorporated herein by reference).                                                                  |
| 99.2                               |   | Purchase                      Agreement, dated as of August 1, 2006, between Ford Credit                      and FCAR Two                      (included in Exhibit 99.2 to the Trust’s Form 8-K, as filed with the                      Commission on August 31, 2006, which is incorporated herein by                      reference).                                                                                                                                   |
| 99.3                               |   | Administration                        Agreement, dated as of August 1, 2006, among Ford Credit,                        The Bank of New                        York and the Trust (included in Exhibit 99.3 to the Trust’s Form                        8-K,                        as filed with the Commission on August 31, 2006, which is                        incorporated                        herein by reference).                                                     |