DAIMLER BENZ AUTO GRANTOR TRUST 1995-A
8-K, 1998-05-01
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)



                                 April 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 April 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 March 1998 collection period (the
"March 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 March 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
                                           March 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:  April 21, 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
                  March 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: MARCH 1998
DISTRIBUTION DATE: 4/15/98









<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                                                         $9,348,574.45                $16.396548
              Class B Amount                                                           $492,030.23                $16.396548
  (ii)    Interest Distribution
          ---------------------------------------------------------------
              Class A Amount                                                           $613,231.07                 $1.075551
              Class B Amount                                                            $32,275.32                 $1.075551

 (iii)    Amount of Distribution allocable to the Yield Supplement Amount                $7,210.72
          ---------------------------------------------------------------                ---------
              Class A Amount                                                             $6,850.18
              Class B Amount                                                               $360.54

          Amount of Distribution allocable to the (Excess) Shortfall Amount             $43,613.16
          -----------------------------------------------------------------             ----------
              Class A Percentage                                                        $41,432.50
              Class B Percentage                                                         $2,180.66

  (iv)    Monthly Servicing Fee                                                        $110,342.97                 $0.183855
          ---------------------                                                        -----------
              Monthly Supplemental Servicing Fee                                             $0.00                 $0.000000
              Class A Percentage of the Servicing Fee                                  $104,825.82                 $0.183855
              Class A Percentage of the Supplemental Servicing Fee                           $0.00                 $0.000000
              Class B Percentage of the Servicing Fee                                    $5,517.15                 $0.183855
              Class B Percentage of the Supplemental Servicing Fee                           $0.00

   (v)    Class A Principal Balance (end of Collection Period)                     $116,442,414.85
          Class A Pool Factor (end of Collection Period)                                 20.422939%
          Class B Principal Balance (end of Collection Period)                       $6,128,548.15
          Class B Pool Factor (end of Collection Period)                                 20.422939%

  (vi)    Pool Balance (end of Collection Period)                                  $122,570,963.00

 (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                                                         $6,881,731.46
              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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