Released in the 1970 Hot Wheels lineup, Mattel's Carabo, designed by Ira Gilford, drew inspiration from Bertone's design for Alfa Romeo, unveiled at the 1968 Paris Mondial de L' Automobile. This marked the debut of Hot Wheels models with "jacknife" opening doors. Notably, the U.S. variant flaunts a flat black-painted rear louver, while the Hong Kong version boasts a gloss black finish. The Carabo's body, a concept car, sports a diverse range of spectraflame colors, complemented by a light orange accent stripe on the front hood.
The model's base is painted black, and it was available for approximately two years, produced in both U.S. and Hong Kong plants. U.S. Carabos feature clear windshields, whereas the Hong Kong counterparts are equipped with blue-tinted windshields. Hong Kong Carabos often feature a brown interior, while those with a white interior are more elusive finds.
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