This is an super-rare Transformer, modeled after the Chevy Aveo. Some might remember the G1 Swerve? Lucky if you can find this discontinued guy on ebay under $80 USD.
Anyway, this figure is a remarkable execution by Hasbro. The articulation, transformation, robot mode, head, details -
all some of the best I've seen or gotten my paint brushes on.
His alt mode was painted with HoK:KK red metallic, then clear coated with platinum and dorado dreams (both also HOK paints) details were done with Testors model masters enamels. I even experimented a bit and did some black washes with ACRYLIC and alcohol (as suggested by my local hobby shop guy) Works well on freshly dried enamels.