DAIMLER BENZ AUTO GRANTOR TRUST 1995-A
8-K, 1997-06-26
ASSET-BACKED SECURITIES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934



                     DAIMLER-BENZ AUTO GRANTOR TRUST 1995-A
             (Exact name of registrant as specified in its charter)


                                  June 16, 1997
                Date of Report (Date of earliest event reported)



Delaware                       33-96990                      13-3770955
(State or other                (Commission File              (I.R.S. Employer
jurisdiction                    Number)                      Identification No.)
of incorporation)


        1201 North Market Street, Suite 1406, Wilmington, Delaware 19801
               (Address of principal executive offices) (Zip Code)


                                 (302) 426-1900
              (Registrant's telephone number, including area code)
<PAGE>   2
Item 5.  Other Events

      On June 16, 1997, the Principal and Interest collected during the
preceding calendar month, net of certain adjustments as provided for in the
Pooling and Servicing Agreement dated as of November 1, 1995 (the "Agreement"),
among Mercedes-Benz Credit Corporation, in its individual capacity and as
Servicer, Daimler-Benz Vehicle Receivables Corporation, as Seller, and Citibank,
N.A., as Trustee, Yield Supplement Agent, Payahead Agent, Class A Agent and
Class B Agent (the "Trustee"), was distributed to holders ("Certificateholders")
of certificates representing undivided fractional interests in Daimler-Benz Auto
Grantor Trust 1995-A. In accordance with the Agreement, the statements for Class
A and Class B Certificateholders for the May 1997 collection period (the "May
Statement") was furnished to the Trustee for the benefit of the
Certificateholders and, as such, was distributed by the Trustee to the
Certificateholders. A copy of the May Statement is being filed as Exhibit 28 to
this Current Report on Form 8-K.



Item 7.  Financial Statements and Exhibits

      (c)   Exhibits

            Exhibit No.             Description

            28                      Statement for Class A and Class B
                                    Certificateholders for the May 1997
                                    Collection Period




                                       -2-
<PAGE>   3
                                   SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.

                              Daimler-Benz Auto Grantor Trust 1995-A
                                          (Registrant)

                              By:  Mercedes-Benz Credit Corporation, as Servicer


Date:  June 18, 1997          By:        /s/ David A. Klanica
                                  ---------------------------------------
                                  Name:   David A. Klanica
                                  Title:  Director of Accounting Services







                                       -3-
<PAGE>   4
                                INDEX TO EXHIBITS

Exhibit No.          Description

    28               Statement for Class A and Class B Certificateholders for
                     the May 1997 Collection Period








                                       -4-

<PAGE>   1
                     DAIMLER-BENZ AUTO GRANTOR TRUST 1995-A
                            MONTHLY SERVICING REPORT
                   SERVICER: MERCEDES-BENZ CREDIT CORPORATION
                             TRUSTEE: CITIBANK, N.A.



COLLECTION PERIOD: MAY 1997
DISTRIBUTION DATE: 6/16/97



STATEMENT FOR CLASS A AND CLASS B CERTIFICATEHOLDERS PURSUANT TO
SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT

<TABLE>
<CAPTION>
                                                                                                           Per $1,000 of Original
                                                                                                              Class A/Class B
                                                                                                             Certificate Amount
                                                                                                           ----------------------
<S>                                                                                   <C>                  <C>
     (i)   Principal Distribution
             Class A Amount                                                           $ 13,646,412.67            $23.934565
             Class B Amount                                                           $    718,232.25            $23.934565

    (ii)   Interest Distribution
             Class A Amount                                                           $  1,179,955.50            $ 2.069535
             Class B Amount                                                           $     62,102.92            $ 2.069533

   (iii)   Amount of Distribution allocable to the Yield Supplement Amount            $     17,548.95
             Class A Amount                                                           $     16,671.50
             Class B Amount                                                           $        877.45

           Amount of Distribution allocable to the (Excess) Shortfall Amount          $     21,693.58
             Class A Percentage                                                       $     20,608.90
             Class B Percentage                                                       $      1,084.68

    (iv)   Monthly Servicing Fee                                                      $    212,317.68            $ 0.353767
             Monthly Supplemental Servicing Fee                                       $          0.00            $ 0.000000
             Class A Percentage of the Servicing Fee                                  $    201,701.80            $ 0.353767
             Class A Percentage of the Supplemental Servicing Fee                     $          0.00            $ 0.000000
             Class B Percentage of the Servicing Fee                                  $     10,615.88            $ 0.353766
             Class B Percentage of the Supplemental Servicing Fee                     $          0.00

     (v)   Class A Principal Balance (end of Collection Period)                       $228,395,740.26
           Class A Pool Factor (end of Collection Period)                                   40.058533%
           Class B Principal Balance (end of Collection Period)                       $ 12,020,828.43
           Class B Pool Factor (end of Collection Period)                                   40.058533%

    (vi)   Pool Balance (end of Collection Period)                                    $240,416,568.69

   (vii)   Class A Interest Carryover Shortfall                                       $          0.00
           Class A Principal Carryover Shortfall                                      $          0.00
           Class B Interest Carryover Shortfall                                       $          0.00
           Class B Principal Carryover Shortfall                                      $          0.00

  (viii)   Amount Otherwise Distributable to the Seller that is Distributed to
           Either the Class A or Class B Certificateholders                           $          0.00            $ 0.000000


    (ix)   Balance of the Reserve Fund Property (end of Collection Period)
             Class A Amount                                                           $  6,001,631.84
             Class B Amount                                                           $          0.00

     (x)   Aggregate Purchase Amount of Receivables repurchased by the
           Seller or the Servicer                                                     $          0.00
</TABLE>

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