The invention discloses a hot melt adhesive used for automotive interiors, and a preparation method of the hot melt adhesive. The hot melt adhesive used for automotive interiors is characterized by comprising a proportion of paraffin, polyethylene wax, a thermoplastic elastic body SBS, random polyolefin, polyethylene vinyl acetate, C5 petroleum resin, rosin pentaerythritol ester, antioxygen, coupling agent and filler. The preparation method comprising the following steps: heating a stirring kettle to 140 to 160 DEG C, and adding the paraffin and the polyethylene wax; adding the thermoplastic elastic body SBS, vacuum-pumping and keeping warm, adding HMW(high molecular weight) random polyolefin I, HMW random polyolefin II and the antioxygen; adding the coupling agent and the filler; cooling, and adding polyethylene vinyl acetate I and polyethylene vinyl acetate II; cooling and adding the C5 petroleum resin; adding the rosin pentaerythritol ester and keeping warm; and emptying the stirring kettle, pressurizing, discharging and forming. No pollution or poison is produced during the production process of the hot melt adhesive; and the hot melt adhesive has the advantages of high adhesion strength, long opening time, good temperature resistance, strong ageing resistance, good tenacity, strong waterproofness and the like.