S-1/A

                                                 Registration No. 33-6534  
 
                       SECURITIES AND EXCHANGE COMMISSION 
                             Washington, D.C. 20549 
                        Post Effective Amendment No.10 to                  
                                    FORM S-1 
                             REGISTRATION STATEMENT 
                                     UNDER 
                           THE SECURITIES ACT OF 1933 
 
                 MOTORS MECHANICAL REINSURANCE COMPANY, LIMITED
               (Exact name of registrant as specified in charter)
 
         Barbados                               Not Applicable 
(State or other jurisdiction             (I.R.S. employer identification
of incorporation or organization)                   number)

           6331                            Financial Services Centre
(Primary standard industrial                  Bishops Court Hill
classification number)                     St. Michael, Barbados, W.I.      
                                                (809) 436-4895             
                                        (Address and telephone number of
                                          principal executive office)

                         RONALD W. JONES, Vice President
                 Motors Mechanical Reinsurance Company, Limited
                            Financial Services Centre
                               Bishops Court Hill
                           St. Michael, Barbados, W.I.
                                 (809) 436-4895
            (Name, address and telephone number of agent for service)

                                    Copy to:
                             David R. Woodward, Esq.
                         LeBoeuf, Lamb, Greene & MacRae
                          1875 Connecticut Avenue, N.W.
                             Washington, D.C.  20009

                                   
If any of the securities being registered on this form are to be offered on a
delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933, please check the following box. (X)

          This Amendment is filed for the sole purpose of supplying currently
dated Consents of Experts and Counsel, in connection with the Prospectus
contained in Post Effective Amendment No. 9 to Registration Statement on Form
S-1.

                                   SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Registrant has
duly caused this Post Effective Amendment to this Registration Statement to be
signed on its behalf by the undersigned, thereunto duly authorized, in the City
of St. Michael, Barbados, on June 30, 1994.

                                   MOTORS MECHANICAL 
                                   REINSURANCE COMPANY, LIMITED


                                   By  s/Ronald W. Jones                      
                                         Ronald W. Jones, Vice-President,
                                           Finance

Pursuant to the requirements of the Securities Act of 1933, this Post Effective
Amendment to this Registration Statement has been signed below by the following
persons in the capacities and on the dates indicated.

        SIGNATURE                  TITLE                        DATE 


s/Robert T. O'Connell         Chairman and Chief           June 30, 1994  
  Robert T. O'Connell         Executive Officer and                             
                              Director (Principal
                              Executive Officer) 

 s/Ronald W. Jones            Vice-President (Principal    June 30, 1994
   Ronald W. Jones            Financial and Accounting
                              Officer)

 s/Joseph J. Pero             President and Director       June 30, 1994
   Joseph J. Pero
                            

 s/Vincent K. Quinn           Executive Vice-President                          
   Vincent K. Quinn           and Director                 June 30, 1994

 s/Louis S. Carrio, Jr.       Vice-President and Director  June 30, 1994        
  Louis S. Carrio, Jr.

 s/Peter R. P. Evelyn         Director                     June 30, 1994 
   Peter R. P. Evelyn

 s/Donald C. Mealey           Director                     June 30, 1994
   Donald C. Mealey

EX-23

                          EXHIBIT 23(a)

                       CONSENT OF COUNSEL 

Motors Mechanical Reinsurance Company, Limited: 

We hereby consent to the reference to our name under the captions
"Barbados Corporate Laws Provisions," "Legal Matters" and
"Experts" in the Prospectus which is part of this Registration
Statement.


                                   s/EVELYN, GITTENS & FARMER


Bridgetown, Barbados
June 30, 1994

                         EXHIBIT 23(b)

                       CONSENT OF COUNSEL 

Motors Mechanical Reinsurance Company, Limited: 

We hereby consent to the reference to our name under the captions
"United States Federal Tax Considerations," "Legal Matters," and
"Experts" in the Prospectus which is part of this Registration
Statement.


                              s/LeBOEUF, LAMB, GREENE & MacRAE




Washington, D.C.
June 30, 1994


                         EXHIBIT 23(c)

          CONSENT OF INDEPENDENT CHARTERED ACCOUNTANTS
 
Motors Mechanical Reinsurance Company, Limited: 

We consent to the use in Post Effective Amendment No. 9 to
Registration Statement No. 33-6534 of Motors Mechanical
Reinsurance Company, Limited of our report dated March 11, 1994
appearing in the Prospectus, which is part of this Registration
Statement, and to the reference to us under the headings
"Selected Financial Data" and "Experts" in such Prospectus.


                                   s/DELOITTE & TOUCHE




Bridgetown, Barbados 
June 30, 1994