United States

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-QSB

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

For the SECOND Quarterly Period ended August 31, 2003

Commission File Number: 000-31759

First Auto, Inc.

Nevada	88-0423037
(Jurisdiction of Incorporation)	(I.R.S. Employer Identification No.)
3131 Southwest Freeway, Number 46, Houston TX	77098
(Address of principal executive offices)	(Zip Code)
949-487-7295
Registrant's telephone number, including area code

As of August 31, 2002, the number of shares outstanding of the Registrant's Common Stock was 8,281,500 .

Transitional Small Business Disclosure Format (check one): yes [ ] no [X]

PART I: FINANCIAL INFORMATION

Item 1. Financial Statements.

The financial statements, for the three months and six months ended August 31, 2003, included herein have been prepared by the Company, without audit pursuant to the rules and regulations of the Securities and Exchange Commission. Certain information and footnotes disclosure normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to such rules and regulations, although the Company believes that the disclosures are adequate to make the information not misleading.

The Remainder of this Page is Intentionally left Blank

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First Auto, Inc.

Financial Statements

August 31, 2003

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First Auto, Inc.

(a Development Stage Company)

Balance Sheets

		August 31,			February 28,
		2003			2003
ASSETS		(Unaudited )
Current Assets
Cash	$	573		$	601
Total Current Assets	$	573			601
Property & Equipment, Net		-			-
Total Assets	$	573		$	601
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Accounts Payable - related party	$	178,741		$	144,539
Note Payable - related party	$	1,700		$	1,700
Total Current Liabilities		180,441			146,239
Total Liabilities	$	180,441			146,239
Stockholders' Equity
Common Stock, Authorized 100,000,000 Shares of $.001 Par Value,
8,281,500 and 8,281,500 shares issued and outstanding respectively		8,282			8,282
Additional Paid in Capital		145,035			145,035
Accumulated Deficit		(333,185	)		(298,955	)
Total Stockholders' Equity		(179,868	)		(145,638	)
Total Liabilities and Stockholders' Equity	$	573		$	601

The accompanying notes are an integral part of these financial statements

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First Auto, Inc.

(a Development Stage Company)

Statments of Operations

(Unaudited) 

		For the three			For the three			For the six			For the six			From Inception
		months ended			months ended			months ended			months ended			on March 24, 1999
		August 31,			August 31,			August 31,			August 31,			thru August 31,
		2003			2002			2003			2002			2003
Revenues	$	-		$	-		$	-		$	-		$	20,000
Operating Expenses
General & Administrative		16,216			21,601			29,189			27,861			348,144
Total Operating Expenses		16,216			21,601			29,189			27,861			348,144
Operating Income (Loss) before discontinued operations		(16,216	)		(21,601	)		(29,189	)		(27,861	)		(328,144	)
(Loss) from discontinued operations		-			-			-			-			-
(Loss) from disposal of discontinued operations		-			-			-			-			-
Net (loss) from operations		(16,216	)		(21,601	)		(29,189	)		(27,861	)		(328,144	)
Other Income (Expense)
Impairment Loss
Bad debt expense		-			-			-			-			-
Interest Expense					-			(5,041	)		-			(5,041	)
Total Other Income (Expense)		-			-			(5,041	)		-			(5,041	)
Net Income (Loss)	$	(16,216	)	$	(21,601	)	$	(34,230	)	$	(27,861	)	$	(333,185	)
Net Income (Loss) Per Share	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.00	)	$	(0.04	)
Weighted Average Shares Outstanding		8,281,500			8,281,500			8,281,500			8,281,500			7,996,123

The accompanying notes are an integral part of these financial statements

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First Auto, Inc.

(a Development Stage Company)

Statements of Cash Flows

(Unaudited) 

								From inception
		For the six months ended						on March 24, 1999
		August 31,						to August 31,
		2003			2002			2003
Cash Flows from Operating Activities
Net Income (Loss)	$	(34,230	)	$	(27,861	)	$	(333,185	)
Adjustments to Reconcile Net Loss to Net Cash
Provided by Operations:
Bad debt expense		-			-			-
Stock Issued for Services		-			-			36,817
Change in Assets and Liabilities		-			-			-
(Increase) in Accounts Payable -related		34,202			27,851			178,741
Increase (Decrease) in Accounts Payable and Accrued Expenses								-
Net Cash Provided(Used) by Operating Activities		(28	)		(10	)		(117,627	)
Cash Flows from Investing Activities
Cash paid for Accounts Receivable		-			-			-
Net Cash Provided (Used) by Investing Activities		-			-			-
Cash Flows from Financing Activities
Cash received from related party					-			1,700
Cash received from subscription receivable		-			-			-
Cash received from spin-off		-			-			-
Common stock issued for cash		-			-			116,500
Net Cash Provided(Used) by Financing Activities		-			-			118,200
Increase (Decrease) in Cash		(28	)		(10	)		573
Cash and Cash Equivalents at Beginning of Period		601			607			-
Cash and Cash Equivalents at End of Period		573			597		$	573
Cash Paid For:
Interest	$	-		$	-		$	-
Income Taxes	$	-		$	-		$	-

The accompanying notes are an integral part of these financial statements

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First Auto, Inc.

Notes to the Financial Statements

August 31, 2003

GENERAL

First Auto, Inc. (the Company) has elected to omit substantially all footnotes to the financial statements for the six months ended August 31, 2003 since there have been no material changes (other than indicated in other footnotes) to the information previously reported by the Company in their Annual Report filed on Form 10-KSB for the fiscal year ended February 28, 2003.

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 interim period presented. The information presented is not necessarily indicative of the results from operations expected for the full fiscal year.

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Item 2. Discussion and Analysis or Plan of Operation.

(a) Plan of Operation. Our Plan of Operation and Financial requirements are unchanged from our previous Quarterly Report, except that current market and economic conditions have resulted in a period of delay, in start-up.

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 previous 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. We have enjoyed no revenues during the periods covered by this report, or in the correstponding period of the previous year.

(c) 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.

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

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Item 6. Exhibits and Reports on Form 8-K . Ceritification(s) Pursuant to 18 USC Section 1350

Exhibit 31. Section 302 Certification

Exhibit 32. Certification Pursuant TO 18 USC Section 1350

Dated: November 13, 2003

First Auto, Inc.

by

/s/J. Dan Sifford

J. Dan Sifford

President/Director

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Exhibit 31

Section 302 Certification

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 CERTIFICATIONS PURSUANT TO SECTION 302

I, J. Dan Sifford , president/director, certify that:

1. I have reviewed this quarterly report of First Auto, Inc, a Nevada Corporation, on Form 10-QSB of September 30, 2003;

2. Based on my knowledge, this quarterly report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this quarterly report;

3. Based on my knowledge, the financial statements, and other financial information included in this quarterly report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this quarterly report;

4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-14 and 15d-14) for the registrant and have:

a) designed such disclosure controls and procedures to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this quarterly report is being prepared;

b) evaluated the effectiveness of the registrant's disclosure controls and procedures as of a date within 90 days prior to the filing date of this quarterly report (the "Evaluation Date"); and

c) presented in this quarterly report our conclusions about the effectiveness of the disclosure controls and procedures based on our evaluation as of the Evaluation Date;

5. The registrant's other certifying officers and I have disclosed, based on our most recent evaluation, to the registrant's auditors and the audit committee of registrant's board of directors (or persons performing the equivalent functions):

a) all significant deficiencies in the design or operation of internal controls which could adversely affect the registrant's ability to record, process, summarize and report financial data and have identified for the registrant's auditors any material weaknesses in internal controls; and

b) any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal controls; and

6. The registrant's other certifying officers and I have indicated in this quarterly report whether there were significant changes in internal controls or in other factors that could significantly affect internal controls subsequent to the date of our most recent evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Dated: November 13, 2003

/s/J. Dan Sifford

J. Dan Sifford

President/Director

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Exhibit 32

CERTIFICATION PURSUANT TO 18 USC SECTION 1350

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 CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE

SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of First Auto, Inc , a Nevada corporation (the "Company"), on Form 10-QSB for the quarter ended September 30, 2003 as filed with the Securities and Exchange Commission (the "Report"), I, J. Dan Sifford , president/director of the Company, certify, pursuant to 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350), that to my knowledge:

(1) The Report fully complies with the requirements of section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: November 13, 2003

/s/J. Dan Sifford

J. Dan Sifford

President/Director

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