--------------------------------------------------------------------------------
                                  Kirt W. James
                                    PRESIDENT
                                First Auto, Inc.
                        3131 Southwest Freeway, Number 46
                              Houston, Texas 77098
            (Name and Address of Person Authorized to Receive Notices
          and Communications on Behalf of the Person Filing Statement)
--------------------------------------------------------------------------------
                                 WITH A COPY TO:
                             KARL E. RODRIGUEZ, ESQ
                              24843 Del Prado, #318
                              Dana Point, CA 92629
                                 (949) 248-9561
                               fax (949) 248-1688
--------------------------------------------------------------------------------

                                 FORM 10-QSB-A2

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

              [X]  QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                                FIRST AUTO, INC.

                        Commission File Number:  0-31759

                     For the Quarter ended November 30, 2000

  Nevada                                                                Optional
(Jurisdiction  of  Incorporation)        (I.R.S.  Employer  Identification  No.)

3131  Southwest  Freeway,  Number  46,  Houston  TX                        77098
(Address of principal executive offices)                              (Zip Code)

Registrant's  telephone  number,  including  area  code:            949-248-1765


The  following  Securities  are registered pursuant to Section 12(g) of the Act:
7,981,500

Yes  [X]   No  [ ]  (Indicate by check mark whether the Registrant (1) has filed
all  report  required  to  be  filed  by  Section  13 or 15(d) of the Securities
Exchange  Act of 1934 during the preceding 12 months (or for such shorter period
that  the Registrant was required to file such reports) and (2) has been subject
to  such  filing  requirements  for  the  past  90  days.)

As  of  November  30, 2000, the number of shares outstanding of the Registrant's
Common  Stock  was  7,981,500.

                                  INTRODUCTION

     This  Form  10-QSB-A2  is unchanged from our previous filing Form 10-QSB-A,
except  for  the  revision  of the erroneous Note, from our un-audited financial
statements.  That erroneous port of the Note, and its contents, are unrelated to
the  affairs  of  this reporting corporation and have no place in its reports or
disclosure.

                                        1


                          PART I: FINANCIAL INFORMATION

ITEM  1.  FINANCIAL  STATEMENTS.  Attached  hereto  (under  cover  of  Exhibit
QF3-11/30/00) and incorporated herein by this reference are Un-Audited Financial
Statements  for  the  three  months  and  nine  months  ended November 30, 2000.


Balance Sheet:. . . . . . . .  Unaudited     Audited      Audited
Selected Information. . . . .  Nine Months   Six Months   One Year
                                11/30/00      8/31/00     2/29/00
-------------------------------------------------------------------
Cash and Equivalents. . . . .        3,329        3,329      3,329
Accounts Receivable . . . . .            0            0          0
===================================================================
Current Assets. . . . . . . .        3,329        3,329      3,329
===================================================================
Property and Equipment, Net .            0            0          0
Organizational Costs. . . . .            0            0          0
===================================================================
Other Assets. . . . . . . . .            0            0          0
===================================================================
Total Assets. . . . . . . . .        3,329        3,329      3,329
===================================================================
Accounts Payable. . . . . . .       16,222        4,602          0
Advances (Related Party). . .            0            0          0
===================================================================
Total Liabilities . . . . . .       16,222        4,602          0
===================================================================
Common Stock. . . . . . . . .        7,982        7,982      7,982
Paid-in Capital . . . . . . .      115,335      115,335    115,335
Accumulated Deficit . . . . .     (136,210)    (124,590)  (119,988)
===================================================================
Total Equity. . . . . . . . .      (12,893)      (1,273)     3,329
===================================================================
Total Liabilities and Equity.        3,329        3,329      3,329
===================================================================

ITEM  2.  MANAGEMENT'S  DISCUSSION  AND  ANALYSIS  OR  PLAN  OF  OPERATION

 (A)  PLAN  OF OPERATION. The plan of operation for the next twelve months is to
become  trading  on  an  exchange,  NQB  Pink  Sheets  and  then OTCBB, become a
full-reporting  company,  and  raise capital through a registered offering. Upon
raising  sufficient  capital  we  will  launch  operations. We are not presently
accepted  for  quotation on OTCBB or NQB Pink Sheets. Our submission is pending.

     The  first stage of operations will be to develop the details and structure
of  our  projected  web site and how the services will be provided to the target
audience  and  the dealers, vendors and advertisers. The second stage will be to
establish e-commerce partners for links for automotive service providers such as
insurance,  warranties,  and  financing  and  to  create  a  database of vehicle
information,  contact  information  for  dealers, and links to auto manufacturer
sights  for  further  vehicle descriptions. The third stage is to obtain initial
web advertising on various search engines and other high traffic Internet sites.
Within  six  to  eight  months  after  receipt  of  capital  from the registered

                                        2


offering,  we will be able to roll-out the web site and advertising campaign and
begin  full  operation.

      (1)  CASH REQUIREMENTS AND OF NEED FOR ADDITIONAL FUNDS, TWELVE MONTHS. We
expect  to  require substantial capital formation during the first twelve months
of our operations. We cannot state at this time when our operations would launch
for  the following reasons. We cannot interest knowledgeable investors until our
common  stock  can  be  quoted  on the OTCBB. We cannot achieve quotation of our
common  stock  until  and  unless  this 1934 Registration of our common stock is
effective  and  clear  of  comments  by the staff of the Securities and Exchange
Commission. We would expect our principal shareholder to provide interim funding
until  such  time  as  we can attract investors. Realistically, we would require
$1,000,000  to  launch.  We  would expect to require an additional $1,000,000 to
sustain  us in operations for the first twelve months. Accordingly, we expect to
require  an  additional  $1,000,000 for the first twelve months of operation. We
would  need  to interest knowledgeable investors to fund our initial launch, and
would  expect  to raise that first $2,000,000 by the sale of common stock. It is
possible that with a successful first funding and launch of operations, we would
be  able  to  secure  interim loan financing to enable us to expand our business
sufficiently  to  make  further  capital formation more attractive to investors.

     There  is  no assurance that our funding plans will be realized or that our
requirements will be met. If we are not able to achieve this requirement, we may
not  be  able  to  become  or continue as a going concern. In this connection we
refer to Note 2 of our audited financial statements: "The accompanying financial
statements have been prepared assuming that the Company will continue as a going
concern.  The  Company is dependent upon raising capital to continue operations.
The  financial  statements do not include any adjustments that might result from
the  outcome  of  this  uncertainty. It is management's plan to raise capital in
order  to define their operations, thus creating operating revenues." We further
refer  to  Note  3:  "The  Company  is a development stage company as defined in
Financial  Accounting  Standards  Board  Statement  7.  It  is  concentrating
substantially  all  its  efforts  in raising capital and developing its business
operations  in  order  to  generate  significant  revenues.

     We  do not anticipate any contingency upon which we would voluntarily cease
filing  reports  with the SEC, even though we may cease to be required to do so.
It  is  in our compelling interest to report our affairs quarterly, annually and
currently,  as  the  case  may  be,  generally  to  provide  accessible  public
information  to  interested  parties,  and  also  specifically  to  maintain its
qualification  for  the OTCBB, if and when the Issuer's intended application for
submission  be  effective.

      (2)  SUMMARY  OF  PRODUCT  RESEARCH  AND  DEVELOPMENT.  None.

      (3)  EXPECTED  PURCHASE  OR SALE OF PLANT AND SIGNIFICANT EQUIPMENT. None.

      (4)  EXPECTED  SIGNIFICANT CHANGE IN THE NUMBER OF EMPLOYEES. None for the
present.  Following  launch of operations, we would expect to require a staff of
employees.  The  number  required  would  grow  as  our  operations  might grow.

 (B)  DISCUSSION  AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

      (1)  OPERATIONS  AND  RESULTS  FOR  THE PAST TWO FISCAL YEARS. We have not
launched operations since our inception on March 24, 1999, and have no operating
history. Our activities have been organizational, and have focused on seeing our
corporation  audited and this 1934 Act Registration Statement prepared, and most
recently,  submission  for  quotation  over  the  counter.

                                        3


                   SELECTED FINANCIAL INFORMATION (UNAUDITED)

<TABLE>
<CAPTION>
<S>                        <C>             <C>         <C>         <C>         <C>
 THIRD QUARTER.                                                                Inception
                                                                                3/24/99
                                                                                   To
Operations.                      Three Months to 11/30   Nine Months to 11/30  11/30/00
                                     2000      1999       2000        1999        2000
----------------------------------------------------------------------------------------
Revenues: . . . . . . . .                0         0          0           0           0
General & Administrative.          (11,620)        0    (16,222)     (6,817)   (136,210)
Net (Loss). . . . . . . .          (11,620)        0    (16,222)     (6,817)   (136,210)
----------------------------------------------------------------------------------------
Net (Loss) Per Share. . .           (0.001)        0     (0.002)     (0.001)     (0.017)
----------------------------------------------------------------------------------------
Weighted Average Shares .        7,981,500 6,981,120  7,981,500   6,895,380   7,655,920
Outstanding
</TABLE>


     The  following  compilation  compares  current  quarter  (unaudited)  with
previously  reported  audited  information.


OPERATIONS:                Nine        Six         One
SELECTED HISTORICAL       Months      Months      Year
INFORMATION. . . . . .  Unaudited   Audited     Audited
                         11/30/00     8/31/00     2/29/00
----------------------------------------------------------
Revenues . . . . . . .          0           0           0
Operating Expenses . .     11,620      16,222     119,988
----------------------------------------------------------
Net Earnings or (Loss)    (11,620)    (16,222)   (119,988)
----------------------------------------------------------
Per Share Earnings . .     (0.001)      (0.00)      (0.16)
  or (Loss)
----------------------------------------------------------
Average Common Shares.  7,981,500   7,981,500   7,480,724
 Outstanding
----------------------------------------------------------



      (2)   FUTURE  PROSPECTS.  We  have  disclosed  an ambitious business plan.
There can be no assurance that our plan will succeed in whole or in part. We may
not  be  able  to  achieve our funding requirements. Even if substantial funding
proves available, there is no assurance that our business will prove competitive
or  profitable.  Our  business  may  fail  for any number of possible unforeseen
contingencies.  Start-up  ventures  such  as ours are inherently speculative and
fraught  with risks of business failure. While management believes that its plan
contains  the  strategy  for  success,  the  road to failure is filled with good
intentions  and  missed  opportunities.  Caution must be expressed at this early
stage  of  our  development,  that  we  may be disappointed in our expectations.

                                        4


                           PART II: OTHER INFORMATION


ITEM  1.  LEGAL  PROCEEDINGS.  None

ITEM  2.  CHANGE  IN  SECURITIES.  None

ITEM  3.  DEFAULTS  UPON  SENIOR  SECURITIES.  None

ITEM  4.  SUBMISSION  OF  MATTERS  TO  VOTE  OF  SECURITY  HOLDERS.  None

ITEM  5.  OTHER  INFORMATION.  None

ITEM  6.   REPORTS  ON  FORM  8-K.  None

                                  EXHIBIT INDEX

--------------------------------------------------------------------------------
Exhibit                       FINANCIAL  STATEMENTS
--------------------------------------------------------------------------------
QF3-11/30/00     Un-Audited  Financial  Statements for the three months and nine
months  ended  November  30,  2000
--------------------------------------------------------------------------------


                                   SIGNATURES


     Pursuant  to  the requirements of the Securities Exchange Act of 1934, this
Form  10-Q Report for the Quarter ended November 30, 2000, has been signed below
by  the  following person on behalf of the Registrant and in the capacity and on
the  date  indicated.


Dated:  March  5,  2001

                                FIRST AUTO, INC.


                                       by

                                /s/Kirt W. James
                                  Kirt W. James
                              Sole Officer/Director

                                        5


--------------------------------------------------------------------------------
                             EXHIBIT FQ3A2-11/30/00

                     AMENDED UN-AUDITED FINANCIAL STATEMENTS
                      FOR THE THREE MONTHS AND NINE MONTHS
                             ENDED NOVEMBER 30, 2000
--------------------------------------------------------------------------------

                                        6


                                 FIRSTAUTO, INC.
                            BALANCE SHEET (UNAUDITED)
                   for the fiscal year ended February 29, 2000
                 and for the nine months ended November 30, 2000

<TABLE>
<CAPTION>
<S>                                                     <C>             <C>
                                                         November 30,    February 29,
                                                            2000            2000
                                                        (unaudited)
--------------------------------------------------------------------------------------
ASSETS

CURRENT ASSETS
Cash . . . . . . . . . . . . . . . . . . . . . . . . .  $       3,329   $       3,329
                                                        -----------------------------
TOTAL CURRENT ASSETS . . . . . . . . . . . . . . . . .          3,329           3,329
TOTAL ASSETS . . . . . . . . . . . . . . . . . . . . .  $       3,329   $       3,329
                                                        =============================

LIABILITIES AND STOCKHOLDERS' EQUITY

LIABILITIES
Accounts payable . . . . . . . . . . . . . . . . . . .  $      16,222   $           0
                                                        -----------------------------
Total Liabilities. . . . . . . . . . . . . . . . . . .  $      16,222   $           0
                                                        -----------------------------
STOCKHOLDERS' EQUITY

Common Stock, $.001 par value; authorized 100,000,000
   shares; issued and outstanding, 7,981,500 shares. .  $       7,982   $       7,982

Additional Paid-In Capital . . . . . . . . . . . . . .        115,335         115,335

Accumulated Equity (Deficit) . . . . . . . . . . . . .       (136,210)       (119,988)
                                                        -----------------------------
Total Stockholders' Equity . . . . . . . . . . . . . .        (12,893)          3,329
                                                        -----------------------------
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY . . . . . .  $       3,329   $       3,329
                                                        =============================
</TABLE>

  The accompanying notes are an integral part of these financial statements.

                                        7


                                 FIRSTAUTO, INC.
                      STATEMENTS OF OPERATIONS (UNAUDITED)
                           November 30, 1999 and 2000

<TABLE>
<CAPTION>
<S>                        <C>               <C>              <C>             <C>             <C>
                                                                                                    From
                                                                                                Inception on
                              From September    From September   From March      From March      March 24,
                               1, 2000 to.      1, 1999 to       1, 2000 to      24, 1999 to    1999 through
                               November 30,     November 30,    November 30,     November 30,   November 30,
                                   2000             1999           2000            1999             2000
-------------------------------------------------------------------------------------------------------------
Revenues. . . . . . . . .  $             0   $             0  $           0   $           0   $        0
                           ----------------------------------------------------------------------------------
Net Loss from Operations.           11,620               -0-         16,222           6,817      136,210
Net Income (Loss) . . . .         ($11,620)  $             0       ($16,222)        ($6,817)   ($136,210)
                           ==================================================================================
Loss per Share. . . . . .        ($0.00146)  $       0.00000      ($0.00203)      ($0.00099)   ($0.01779)
                           ==================================================================================
Weighted Average
    Shares Outstanding. .        7,981,500         6,981,120      7,981,500       6,895,380    7,655,920
                           ==================================================================================
</TABLE>

  The accompanying notes are an integral part of these financial statements.

                                        8


                                 FIRSTAUTO, INC.
            STATEMENTS OF STOCKHOLDERS' EQUITY (DEFICIT) (UNAUDITED)
            from March 24, 1999 (inception) through February 29, 2000
              and for the nine month period ended November 30, 2000
<TABLE>
<CAPTION>
<S>                               <C>         <C>           <C>            <C>          <C>
                                                          Additional       Accumulated       Total Stock-
                                  Common      Par           Paid-In           Equity        holders' Equity
                                  Stock       Value         Capital          (Deficit)          (Deficit)
---------------------------------------------------------------------------------------------------------
Common Stock issued at inception   6,816,500  $      6,817  $           0  $        0   $          6,817
Sale of Common Stock . . . . . .   1,165,000         1,165        115,335           0                  0
Net (loss) during year ended
    February 29, 2000. . . . . .           0             0              0    (119,988)                 0
                                  ----------  ------------  -------------  -----------  -----------------
Balance at February 29, 2000 . .   7,981,500  $      7,982  $     115,335   ($119,988)  $          3,329
Net (loss) during period ended
    November 30, 2000. . . . . .           0             0              0     (16,222)                 0
                                  ----------  ------------  -------------  -----------  -----------------
Balance at November 30, 2000 . .   7,981,500  $      7,982  $     115,335   ($136,210)          ($12,894)
</TABLE>

  The accompanying notes are an integral part of these financial statements.

                                        9


                                 FIRSTAUTO, INC.
                       STATEMENTS OF CASH FLOW (UNAUDITED)
                for the periods ended November 30, 1999 and 2000


                                                                       From
                                                                   Inception on
                                     From March    From March        March 24,
                                     1, 2000 to.   24, 1999 to     1999 through
                                    November 30,   November 30,    November 30,
                                       2000           1999             2000
--------------------------------------------------------------------------------
Operating activities

Net Income (Loss) . . . . . . .       ($16,222)        ($6,817)   ($136,210)
Items not effecting cash
     (organization costs) . . .              0           6,817        6,817
                                      --------------------------------------
Net Cash from Operations. . . .        (16,222)            -0-     (129,393)

Cash from financing activities

Cash from sale of common stock.              0          62,500      116,500
Increase in accounts payable. .         16,222               0       16,222

Beginning Cash. . . . . . . . .          3,329               0            0

Ending Cash . . . . . . . . . .  $       3,329   $      62,500   $    3,329
                                 ===========================================

  The accompanying notes are an integral part of these financial statements.

                                       10


                                 FIRSTAUTO, INC.
                          (A Development Stage Company)
                        Notes to the Financial Statements
                                November 30, 2000

NOTES  TO  FINANCIAL  STATEMENTS

FirstAuto,  Inc. ("the Company") has elected to omit substantially all footnotes
to  the  financial statements for the nine months ended November 30, 2000, since
there have been no material changes (other than indicated in other footnotes) to
the  information  previously  reported  by  the  Company  in  their Registration
Statement  filed  on  Form  10-SB  on  October  12,  2000.

UNAUDITED  INFORMATION

The  information  furnished  herein  was taken from the books and records of the
Company without audit.  However, such information reflects all adjustments which
are,  in the opinion of management, necessary to properly reflect the results of
the  period  presented.  The information presented is not necessarily indicative
of  the  results  from  operations  expected  for  the  full  fiscal  year.

                                       11