This is a die-cast metal, plastic or resin display car model.
From the manufacturer:
Auto World is excited to introduce an all-new line of 1:64 accurately scaled die-cast cars. The new die-cast lines are designed in TRUE 1:64 scale all the way down to the finest details, wheels, and tires. The attention to detail of these vehicles is world-class and the line is designed to bring customers back to their younger days. Kids of all ages will be excited to find their favorite cars, and relive their childhood, with these high quality fast-rolling little machines.