DAIMLER BENZ AUTO GRANTOR TRUST 1993-A
8-K, 1997-05-08
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)



                                 April 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 April 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 March 1997 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 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
                                    March 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:  April 29, 1997         By:         /s/ David 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 March 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: MARCH 1997
DISTRIBUTION DATE: 4/15/97



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                                                  $ 3,247,553.38        $6.364910
                                                                                                    
  (ii)   Interest Distribution                                                   $    80,622.40        $0.158013
                                                                                                    
 (iii)   Amount of Distribution allocable to the Yield Suppl. Amount             $     4,982.20     
         Amount of Distribution allocable to the Shortfall (Excess) Amount       $    (3,110.97)    
                                                                                                    
  (iv)   Monthly Servicing Fee                                                   $    22,228.40        $0.043566
         Monthly Supplemental Servicing Fee                                      $         0.00        $0.000000
         Class A Percentage of the Servicing Fee                                 $    20,672.41        $0.040516
         Class A Percentage of the Supplemental Servicing Fee                    $         0.00        $0.000000
                                                                                                    
   (v)   Class A Principal Balance (end of Collection Period)                    $21,559,338.10     
         Class A Pool Factor (end of Collection Period))                              4.2254349%    
         Class B Principal Balance (end of Collection Period)                    $ 1,622,745.88     
                                                                                                    
  (vi)   Pool Balance (end of Collection Period)                                 $23,182,083.98     
                                                                                                    
 (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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