DAIMLER BENZ AUTO GRANTOR TRUST 1993-A
8-K, 1997-04-01
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 1993-A
- --------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


                                 March 17, 1997
- --------------------------------------------------------------------------------
                Date of Report (Date of earliest event reported)


Delaware                            33-68018                51-0349813
- --------                            --------                ----------
(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 17, 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 October 1, 1993 (the "Agreement"),
among Mercedes-Benz Credit Corporation, in its individual capacity and as
Servicer, Daimler-Benz Auto Receivables Corporation, as Seller, and Citibank,
N.A., as Trustee, Payahead Agent and Class A Agent (the "Trustee"), was
distributed to holders ("Certificateholders") of certificates representing
undivided fractional interests in Daimler-Benz Auto Grantor Trust 1993-A. In
accordance with the Agreement, the statement for Class A Certificateholders for
the February 1997 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 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
                                                Certificateholders for the
                                                February 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 1993-A
                                                  (Registrant)

                                      By: Mercedes-Benz Credit Corporation, 
                                          as Servicer


Date: March 17, 1997                  By: /s/ David K, Klanica
                                          --------------------------------------
                                          Name: David A. Klanica
                                          Title: Director of Accounting Services


                                       -3-
<PAGE>   4

                                INDEX TO EXHIBITS

Exhibit No.        Description
- -----------        -----------
   28              Statement for Class A Certificateholders for the February
                   1997 Collection Period


                                       -4-

<PAGE>   1

                     Daimler-Benz Auto Grantor Trust 1993-A
                            Monthly Servicing Report
                   Servicer: Mercedes-Benz Credit Corporation
                             Trustee: Citibank, N.A.

Collection Period: February 1997
Distribution Date: 3/17/97


Statement for Class A Certificateholders
Pursuant to Section 4.9 of the Pooling and Servicing Agreement

<TABLE>
<CAPTION>
                                                                                  Per $1,000 of
                                                                                Original Class A
                                                                                   Certificate
                                                                                      Amount
                                                                                ------------------
<S>                                                            <C>                  <C>      
   (i)  Principal Distribution                                 $3,110,017.92        $6.095353
                                                                                   
  (ii)  Interest Distribution                                  $   90,729.96        $0.177822
                                                                                   
 (iii)  Amount of Distribution allocable to the Yield                              
        Suppl. Amount                                          $    5,608.35       
        Amount of Distribution allocable to the Shortfall                          
        (Excess) Amount                                        $   17,022.66       
                                                                                   
  (iv)  Monthly Servicing Fee                                  $    25,015.15       $0.049027
        Monthly Supplemental Servicing Fee                     $         0.00       $0.000000
        Class A Percentage of the Servicing Fee                $    23,264.09       $0.045596
        Class A Percentage of the Supplemental Servicing Fee   $         0.00       $0.000000
                                                                                   
   (v)  Class A Principal Balance (end of Collection Period)   $24,806,891.48      
        Class A Pool Factor (end of Collection Period))             4.8619259%     
        Class B Principal Balance (end of Collection Period)   $ 1,867,185.38      
                                                                                   
  (vi)  Pool Balance (end of Collection Period)                $26,674,076.86      
                                                                                   
 (vii)  Class A Interest Carryover Shortfall                   $         0.00       $0.000000
        Class A Principal Carryover Shortfall                  $         0.00       $0.000000
                                                                                 
(viii)  Amount otherwise distributable to Class B 
        Certificateholders that is distributed to 
        Class A Certificateholders                             $         0.00
        

  (ix)  Balance of the Reserve Fund Property (end of 
        Collection Period)                                     $ 5,486,319.09

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


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