DAIMLER BENZ AUTO GRANTOR TRUST 1995-A
8-K, 1998-04-01
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)

                                 March 16, 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 March 16, 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 February 1998 collection period (the
"February 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 February 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
                                       February 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:  March 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 February 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: February 1998
Distribution Date: 3/16/98

<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                                                      $9,626,764.22        $16.884468
           Class B Amount                                                        $506,671.81        $16.884468
                                                                            
(ii)     Interest Distribution                                              
           Class A Amount                                                        $660,161.55         $1.157863
           Class B Amount                                                         $34,745.34         $1.157863
                                                                            
(iii)    Amount of Distribution allocable to the Yield Supplement Amount           $7,965.76
           Class A Amount                                                          $7,567.47
           Class B Amount                                                            $398.29
                                                                            
         Amount of Distribution allocable to the (Excess) Shortfall Amount       ($42,254.81)
           Class A Percentage                                                    ($40,142.07)
           Class B Percentage                                                     ($2,112.74)
                                                                            
(iv)     Monthly Servicing Fee                                                   $118,787.50         $0.197925
           Monthly Supplemental Servicing Fee                                          $0.00         $0.000000
           Class A Percentage of the Servicing Fee                               $112,848.13         $0.197925
           Class A Percentage of the Supplemental Servicing Fee                        $0.00         $0.000000
           Class B Percentage of the Servicing Fee                                 $5,939.37         $0.197925
           Class B Percentage of the Supplemental Servicing Fee                        $0.00
                                                                            
 (v)     Class A Principal Balance (end of Collection Period)                $125,790,989.30
         Class A Pool Factor (end of Collection Period)                            22.062594%
         Class B Principal Balance (end of Collection Period)                  $6,620,578.38
         Class B Pool Factor (end of Collection Period)                            22.062594%
                                                                            
(vi)     Pool Balance (end of Collection Period)                             $132,411,567.68
                                                                            
(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              $0.00         $0.000000
         to Either the Class A or Class B Certificateholders                
                                                                            
(ix)     Balance of the Reserve Fund Property (end of Collection Period)    
           Class A Amount                                                      $6,738,516.23
           Class B Amount                                                              $0.00
                                                                            
 (x)     Aggregate Purchase Amount of Receivables repurchased by the Seller            $0.00
         or the Servicer  
</TABLE>


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