DAIMLER BENZ AUTO GRANTOR TRUST 1993-A
8-K, 1997-06-02
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)



                                  May 15, 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 May 15, 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 April 1997
collection period (the "April 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 April Statement is being filed as
Exhibit 28 to this Current Report on Form 8-K.



Item 7.  Financial Statements and Exhibits

      (c)   Exhibits

<TABLE>
<CAPTION>
            Exhibit No.             Description
            -----------             -----------
<S>                                 <C>                   
            28                      Statement for Class A
                                    Certificateholders for the
                                    April 1997 Collection Period
</TABLE>




                                       -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:  May 21, 1997           By:         /s/ David A. Klanica
                                  ----------------------------------------------
                                  Name:   David A. Klanica
                                  Title:  Director of Accounting Services




                                       -3-
<PAGE>   4
                                INDEX TO EXHIBITS

<TABLE>
<CAPTION>
Exhibit No.          Description
- -----------          -----------
<S>                  <C>                   
       28            Statement for Class A Certificateholders for the
                     April 1997 Collection Period
</TABLE>




                                       -4-

<PAGE>   1
                     DAIMLER-BENZ AUTO GRANTOR TRUST 1993-A
                            MONTHLY SERVICING REPORT
                   SERVICER: MERCEDES-BENZ CREDIT CORPORATION
                             TRUSTEE: CITIBANK, N.A.



COLLECTION PERIOD: APRIL 1997
DISTRIBUTION DATE: 5/15/97



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                                               $ 2,883,289.53      $5.650986

  (ii) Interest Distribution                                                $    70,067.85      $0.137327

 (iii) Amount of Distribution allocable to the Yield Suppl. Amount          $     4,338.89
       Amount of Distribution allocable to the Shortfall (Excess) Amount    $     4,791.46

  (iv) Monthly Servicing Fee                                                $    19,318.40      $0.037862
       Monthly Supplemental Servicing Fee                                   $         0.00      $0.000000
       Class A Percentage of the Servicing Fee                              $    17,966.11      $0.035212
       Class A Percentage of the Supplemental Servicing Fee                 $         0.00      $0.000000

   (v) Class A Principal Balance (end of Collection Period)                 $18,676,048.57
       Class A Pool Factor (end of Collection Period))                           3.6603363%
       Class B Principal Balance (end of Collection Period)                 $ 1,405,724.09

  (vi) Pool Balance (end of Collection Period)                              $20,081,772.66

 (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         $         0.00
       that is distributed to Class A Certificateholders

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

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




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