Based on the plastic model kit from 1970 by famed car designer Tom Daniel.
From the model description:
Tom Daniel--Guru of all designers--has come up with what has to be the most mind-blowing rod of all time...the show-smashing CHERRY BOMB! A tinted bubble top covers the plush interior, and to show off the gleaming chrome turbine engine another tinted bubble is set into the long lean hood. The way-out styling of this show rod is super from the special combination torsion bar-axle in the front end to the flush-mounted sequential tail lights in the rear deck. Riding on spring-air rear suspension, the CHERRY BOMB gets its go from a boss turbine powerplant. Headlights are housed in tapered chrome pods, and tinted transparent bubble top.