This is a Keystone Wood Toys Tots Auto Car. It measures 17″ high by 18″ long. It is missing the shift knob that would have come out of the metal plate under the steering wheel. I would consider this a rare toy as it was produced only in 1956 and possibly 1955, is a wooden ride on toy that would often be exposed to the elements and is definitely a toy that would be outgrown. In thirty years this is the first one I have seen outside of a 1956 catalog.
From my private collection.