DAIMLER BENZ AUTO GRANTOR TRUST 1995-A
8-K, 1998-10-30
ASSET-BACKED SECURITIES
Previous: ROSS TECHNOLOGY INC, SC 13E3, 1998-10-30
Next: RED BRICK SYSTEMS INC, 8-K, 1998-10-30



<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)



                                October 15, 1998
                Date of Report (Date of earliest event reported)



         Delaware                  000-28042                    13-3770955
(State or other jurisdiction    (Commission File             (I.R.S. Employer 
     of incorporation)               Number)                Identification No.)



        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 October 15, 1998, 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 September 1998 collection period (the
"September 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 September Statement is being filed as Exhibit
20 to this Current Report on Form 8-K.



Item 7.  Financial Statements and Exhibits

         (c)      Exhibits

                  Exhibit No.                  Description
                  -----------                  -----------

                  20                           Statement for Class A and Class B
                                               Certificateholders for the
                                               September 1998 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: October 23, 1998         By: /s/ David A. Klanica
                                   --------------------------------------
                                   Name:  David A. Klanica
                                   Title: Director of Accounting Services


                                       -3-
<PAGE>   4
                                INDEX TO EXHIBITS

Exhibit No.       Description
- -----------       -----------

    20            Statement for Class A and Class B Certificateholders for the 
                  September 1998 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: SEPTEMBER 1998
DISTRIBUTION DATE: 10/15/98



<TABLE>
<CAPTION>
STATEMENT FOR CLASS A AND CLASS B CERTIFICATEHOLDERS PURSUANT TO
SECTION 4.9 OF THE POOLING AND SERVICING AGREEMENT                                               Per $1,000 of Original
                                                                                                   Class A/Class B
                                                                                                  Certificate Amount
<S>                                                                            <C>               <C>
   (i) Principal Distribution                                                                    
         Class A Amount                                                        $ 6,605,612.70          $11.585643
         Class B Amount                                                        $   266,254.19          $ 8.872727
  (ii) Interest Distribution                                                                        
         Class A Amount                                                        $   370,416.57          $ 0.649677
         Class B Amount                                                        $    19,495.61          $ 0.649677
 (iii) Amount of Distribution allocable to the Yield Supplement Amount         $     3,180.27       
         Class A Amount                                                        $     3,021.26       
         Class B Amount                                                        $       159.01       
       Amount of Distribution allocable to the (Excess) Shortfall Amount       $     7,597.03       
         Class A Percentage                                                    $     7,217.18       
         Class B Percentage                                                    $       379.85       
  (iv) Monthly Servicing Fee                                                   $    66,651.65          $ 0.111056
         Monthly Supplemental Servicing Fee                                    $         0.00          $ 0.000000
         Class A Percentage of the Servicing Fee                               $    63,319.07          $ 0.111056
         Class A Percentage of the Supplemental Servicing Fee                  $         0.00          $ 0.000000
         Class B Percentage of the Servicing Fee                               $     3,332.58          $ 0.111056
         Class B Percentage of the Supplemental Servicing Fee                  $         0.00       
   (v) Class A Principal Balance (end of Collection Period)                    $69,377,273.48       
       Class A Pool Factor (end of Collection Period)                               12.168142%      
       Class B Principal Balance (end of Collection Period)                    $ 3,651,435.45       
       Class B Pool Factor (end of Collection Period)                               12.168142%      
  (vi) Pool Balance (end of Collection Period)                                 $73,028,708.93       
                                                                                                    
 (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                                   $   (81,409.63)      
                                                                                                    
(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>


                                                                          Page 1


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission