===============================================================================

                     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

      Date of Report (Date of Earliest Event Reported) March 22, 1999
                                                       --------------
                        MMCA Auto Owner Trust 1999-1
                     (Issuer with respect to the Notes)
                        MMCA Auto Receivables, Inc.
                (Originator of MMCA Auto Owner Trust 1999-1)
                --------------------------------------------
           (Exact Name of Registrant as Specified in its Charter)


                                  Delaware
-------------------------------------------------------------------------------
               (State or Other Jurisdiction of Incorporation)


            333-66063                                  33-0570905
--------------------------------          -------------------------------------
    (Commission File Number)              (I.R.S. Employer Identification No.)

6363 Katella Avenue, Cypress, California                90630-5205
-------------------------------------------------------------------------------
(Address of Principal Executive Offices)                (Zip Code)

                                  (714) 236-1592
-------------------------------------------------------------------------------
               (Registrant's Telephone Number, Including Area Code)

                                  Not Applicable
-------------------------------------------------------------------------------
           (Former Name or Former Address, if Changed Since Last Report)



===============================================================================


Item 5.        Other Events.

        On January 20, 1999, Mitsubishi Motors Credit of America, Inc.
("MMCA") transferred a pool of motor vehicle retail installment sale
contracts and all the rights and obligations thereunder (collectively, the
"Initial Receivables") and certain other property related thereto to MMCA
Auto Receivables, Inc. ("MARI") pursuant to a Purchase Agreement, dated as
of January 1, 1999 (the "Purchase Agreement"), between MMCA, as seller, and
MARI, as purchaser, and a First-Tier Initial Assignment, dated as of
January 1, 1999, by MMCA in favor of MARI. MARI transferred the Initial
Receivables and such other property to MMCA Auto Owner Trust 1999-1 (the
"Trust") pursuant to a Sale and Servicing Agreement, dated as of January 1,
1999 (the "Sale and Servicing Agreement"), by and among the Trust, MARI, as
the seller, MMCA, as the servicer, simultaneously with the transfer of such
property by MMCA to MARI.

        The Purchase Agreement provides for MMCA to transfer additional
pools of motor vehicle retail installment contracts and all the rights and
obligations thereunder (collectively, the "Subsequent Receivables" and,
together with the Initial Receivables, the "Receivables") and certain other
property related thereto to MARI from time to time during a period
beginning on January 20, 1999 and ending not later than June 30, 1999 (the
"Pre-Funding Period"). The Sale and Servicing Agreement provides for MARI
to transfer the Subsequent Receivables and such other property to the Trust
simultaneously with the transfer of such property by MMCA to MARI.

        On March 22, 1999, MMCA transferred a pool of Subsequent
Receivables and certain other property related thereto to MARI pursuant to
the Purchase Agreement and the First-Tier Subsequent Assignment, dated as
of March 1, 1999, by MMCA in favor of MARI. MARI transferred the Subsequent
Receivables and such other property to the Trust pursuant to the Sale and
Servicing Agreement and a Second-Tier Subsequent Assignment, dated as of
March 1, 1999, by MARI in favor of the Trust, simultaneously with the
transfer of such property by MMCA to MARI.

        The weighted average remaining maturity of the Receivables as of
March 1, 1999 (the "Subsequent Cutoff Date"), including the Subsequent
Receivables, was 45.43 months.

        As of the Subsequent Cutoff Date, giving effect to the transfer of
the Subsequent Receivables, the aggregate principal balance of the balloon
payments as a percentage of aggregate principal balance of the Receivables, 
was 24.88%.

        The Pre-Funding Period ended on March 31, 1999. MMCA therefore will
not transfer any additional motor vehicle retail installment sale contracts
to MARI pursuant to the Purchase Agree ment, and MARI will not transfer any
additional motor vehicle retail installment sale contracts to the Trust.


Item 7.        Financial Statements and Exhibits.

               (c) Exhibits.


Exhibit                                               
  No.                   Document Description
--------        -------------------------------------
  99.1          First-Tier Subsequent Assignment

  99.2          Second-Tier Subsequent Assignment


                                 SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                          MMCA Auto Receivables, Inc.,
                                               as originator of MMCA Auto
                                               Owner Trust 1999-1

Dated:   April 6, 1999                    By: /s/ Hideyuki Kitamura
                                              ---------------------------
                                              Name:  Hideyuki Kitamura
                                              Title: Vice President, 
                                                     Secretary and Treasurer



                             INDEX TO EXHIBITS


Exhibit No.     Document Description
-----------     --------------------
99.1            First-Tier Subsequent Assignment

99.2            Second-Tier Subsequent Assignment
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===============================================================================

                     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

      Date of Report (Date of Earliest Event Reported) March 22, 1999
                                                       --------------
                        MMCA Auto Owner Trust 1999-1
                     (Issuer with respect to the Notes)
                        MMCA Auto Receivables, Inc.
                (Originator of MMCA Auto Owner Trust 1999-1)
                --------------------------------------------
           (Exact Name of Registrant as Specified in its Charter)

                                  Delaware
-------------------------------------------------------------------------------
               (State or Other Jurisdiction of Incorporation)

            333-66063                                  33-0570905
--------------------------------          -------------------------------------
    (Commission File Number)              (I.R.S. Employer Identification No.)

6363 Katella Avenue, Cypress, California                90630-5205
-------------------------------------------------------------------------------
(Address of Principal Executive Offices)                (Zip Code)

                                  (714) 236-1592
-------------------------------------------------------------------------------
               (Registrant's Telephone Number, Including Area Code)

                                  Not Applicable
-------------------------------------------------------------------------------
           (Former Name or Former Address, if Changed Since Last Report)

===============================================================================

Item 5.        Other Events.

        On January 20, 1999, Mitsubishi Motors Credit of America, Inc.
("MMCA") transferred a pool of motor vehicle retail installment sale
contracts and all the rights and obligations thereunder (collectively, the
"Initial Receivables") and certain other property related thereto to MMCA
Auto Receivables, Inc. ("MARI") pursuant to a Purchase Agreement, dated as
of January 1, 1999 (the "Purchase Agreement"), between MMCA, as seller, and
MARI, as purchaser, and a First-Tier Initial Assignment, dated as of
January 1, 1999, by MMCA in favor of MARI. MARI transferred the Initial
Receivables and such other property to MMCA Auto Owner Trust 1999-1 (the
"Trust") pursuant to a Sale and Servicing Agreement, dated as of January 1,
1999 (the "Sale and Servicing Agreement"), by and among the Trust, MARI, as
the seller, MMCA, as the servicer, simultaneously with the transfer of such
property by MMCA to MARI.

        The Purchase Agreement provides for MMCA to transfer additional
pools of motor vehicle retail installment contracts and all the rights and
obligations thereunder (collectively, the "Subsequent Receivables" and,
together with the Initial Receivables, the "Receivables") and certain other
property related thereto to MARI from time to time during a period
beginning on January 20, 1999 and ending not later than June 30, 1999 (the
"Pre-Funding Period"). The Sale and Servicing Agreement provides for MARI
to transfer the Subsequent Receivables and such other property to the Trust
simultaneously with the transfer of such property by MMCA to MARI.

        On March 22, 1999, MMCA transferred a pool of Subsequent
Receivables and certain other property related thereto to MARI pursuant to
the Purchase Agreement and the First-Tier Subsequent Assignment, dated as
of March 1, 1999, by MMCA in favor of MARI. MARI transferred the Subsequent
Receivables and such other property to the Trust pursuant to the Sale and
Servicing Agreement and a Second-Tier Subsequent Assignment, dated as of
March 1, 1999, by MARI in favor of the Trust, simultaneously with the
transfer of such property by MMCA to MARI.

        The weighted average remaining maturity of the Receivables as of
March 1, 1999 (the "Subsequent Cutoff Date"), including the Subsequent
Receivables, was 45.43 months.

        As of the Subsequent Cutoff Date, giving effect to the transfer of
the Subsequent Receivables, the aggregate principal balance of the balloon
payments as a percentage of aggregate principal balance of the Receivables, 
was 24.88%.

        The Pre-Funding Period ended on March 31, 1999. MMCA therefore will
not transfer any additional motor vehicle retail installment sale contracts
to MARI pursuant to the Purchase Agree ment, and MARI will not transfer any
additional motor vehicle retail installment sale contracts to the Trust.

Item 7.        Financial Statements and Exhibits.

               (c) Exhibits.

Exhibit                                               
  No.                   Document Description
--------        -------------------------------------
  99.1          First-Tier Subsequent Assignment

  99.2          Second-Tier Subsequent Assignment

                                 SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                          MMCA Auto Receivables, Inc.,
                                               as originator of MMCA Auto
                                               Owner Trust 1999-1

Dated:   April 6, 1999                    By: /s/ Hideyuki Kitamura
                                              ---------------------------
                                              Name:  Hideyuki Kitamura
                                              Title: Vice President, 
                                                     Secretary and Treasurer

                             INDEX TO EXHIBITS

Exhibit No.     Document Description
-----------     --------------------
99.1            First-Tier Subsequent Assignment

99.2            Second-Tier Subsequent Assignment